The prices in real estate in Shelbyville, in the Indiana 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.
The price per sq.feet in Shelbyville has increased during the last 6 months. In October, the average price per sq.feet was $120. In November this price pretty much remained the same at a value of $124 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $122 to $128.5 per sq.feet. 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 $125.25 to $128 during February y March
Based upon to the price in Shelbyville (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $256,052. In November This price remains at $258,359. During the following two months (December, January) the price has had an average incrementation from $257,205.5 to $277,854. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % 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 $288,258 they are 39 % more affordable than the average price for Shelbyville. The properties with the highest average price have 4 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at $261,148.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $121 / sq.feet, with an average $131 / sq.feet price in Shelbyville. The properties with the highest average prices have 1 bedroom. They are 163 % more expensive than the average followed by properties with 2 bedrooms with a price at $153 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $288,258 it is 18 % cheaper than the average price in Shelbyville. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Commercial". At a price of $355,184 it is 229 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $49 / sq.feet followed by "House" priced at $117 / sq.feet. "Land" is the most costly type of property with a $24,022 / sq.feet cost followed by "Condo" with an average price of $226 / sq.feet.