Property prices for sale in South Bend (Indiana)
The prices in real estate in South Bend, in the Indiana region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in South Bend has increased strongly during the last 6 months. In November, the average price per sq.feet was $121. In December this price pretty much remained the same at a value of $122 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 126 %. 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 $137.5 to $140 during March y April
Based upon to the price in South Bend (cities), this has gone up in the last 6 months. The price in November is $207,259, rising in December till $218,380. During the following two months (January, February) the price has had an average incrementation from $212,819.5 to $227,185. 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 2 bedrooms are the cheapest ones. At a price of $262,810 they are 44 % more affordable than the average price for South Bend. The properties with the highest average price have 4 bedrooms, Their price is 44 % more costly than the average. After that we have properties with 3 bedrooms priced at $235,208.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $137 / sq.feet, with an average $151 / sq.feet price in South Bend. The properties with the highest average prices have 1 bedroom. They are 92207 % more expensive than the average followed by properties with 4 bedrooms with a price at $153 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $262,810 it is 78 % cheaper than the average price in South Bend. "House" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Condo". At a price of $535,650 it is 156 % 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 $108 / sq.feet followed by "House" priced at $127 / sq.feet. "Land" is the most costly type of property with a $21,307 / sq.feet cost followed by "Townhouse" with an average price of $409 / sq.feet.
