Property prices for sale in Schaumburg (Illinois)

The prices in real estate in Schaumburg, in the Illinois region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$322,834
Average price last 6 months
$198.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Schaumburg has increased during the last 6 months. In January, the average price per sq.feet was $180. In February this price pretty much remained the same at a value of $184 per sq.feet. In the following two months the price per sq.feet has increased 114 %, going from $182 to $207 per sq.feet. The price per sq.feet has increased 106 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $194.5 to $206 during May, and June.

Average price

Based upon to the price in Schaumburg (cities), this has gone up considerably in the last 6 months. In our first sample month during January, the average price is $259,662. In February This price remains at $263,190. During the following two months (March, April) the average price had a considerable increase of 134 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $345,750 they are 60 % more affordable than the average price for Schaumburg. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at $370,296.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $157 / sq.feet, with an average $203 / sq.feet price in Schaumburg. The properties with the highest average prices have 3 bedrooms. They are 12 % more expensive than the average followed by properties with 4 bedrooms with a price at $209 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $345,750 it is 37 % cheaper than the average price in Schaumburg. "Detached House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $419,866 it is 30 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $185 / sq.feet followed by "Townhouse" priced at $205 / sq.feet. "Detached House" is the most costly type of property with a $606 / sq.feet cost followed by "Commercial" with an average price of $465 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Schaumburg
Number of properties used in region Illinois
$345,750
$203
3,946
538,180
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value