The prices in real estate in South Sioux City, in the Nebraska 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 Sioux City has increased strongly during the last 6 months. In February, the average price per sq.feet was $87. In March this price pretty much remained the same at a value of $87 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $87 to $87 per sq.feet. The price per sq.feet has had a considerable increase of 613 % 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 $87 to $533.5 during June, and July.
Based upon to the price in South Sioux City (cities), these have remained the same in the last 6 months. In our first sample month during February, the average price is $152,575. In March This price remains at $152,575. In the following two months the average price has remained the same with regard to the previous two months from $152,575 to $152,575. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $152,575 and $146,032.5 between June and July.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 9 % more costly than the average price of $151,659 in South Sioux City. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 9 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 92 % cheaper than the average price of ($81 / sq.feet) in South Sioux City. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 92 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $139,490 it is 9 % more expensive than the average price in South Sioux City. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Apartment". At a price of $151,659 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $81 / sq.feet followed by "House" priced at $365 / sq.feet. "House" is the cheapest type of property with a $365 / sq.feet value followed by "Apartment" with an average price of $81 / sq.feet.