Property prices for sale in Rockford (Illinois)
The prices in real estate in Rockford, in the Illinois region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Rockford has fallen in the last 6 months. In October, the average price per sq.feet was $102. In November this price pretty much remained the same at a value of $99 per sq.feet. The price for the following two months in (December, January) decreased 92 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $96.25 to $100 during February y March
Based upon to the price in Rockford (cities), these have remained the same in the last 6 months. The average price for October is $176,574. During November the price had a slight fall till $165,261. In the following two months the average price has remained the same with regard to the previous two months from $170,917.5 to $167,961.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $185,515 they are 54 % more affordable than the average price for Rockford. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $179,357.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $102 / sq.feet, with an average $105 / sq.feet price in Rockford. The properties with the highest average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 3 bedrooms with a price at $109 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $185,515 it is 47 % cheaper than the average price in Rockford. "Land" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $184,350 it is 83 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $8 / sq.feet followed by "Commercial" priced at $63 / sq.feet. "Land" is the most costly type of property with a $50,019 / sq.feet cost followed by "House" with an average price of $106 / sq.feet.
