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 April, the average price per sq.feet was $208. In the following month the price per sq.feet increased considerably to $784. In the following two months the price per sq.feet has barely changed, going from $496 to $517.5 per sq.feet. The price per sq.feet has had a considerable increase of 198 % 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 $506.75 to $1,004.5 during August, and September.
Based upon to the price in South Sioux City (cities), this has gone up in the last 6 months. The price in April is $169,558, rising in May till $184,429. During the following two months (June, July) the average price had a considerable increase of 116 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $191,472 to $154,312.5, which means a 81 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $138,296 they are 8 % more expensive than the average price for South Sioux City. Following this ranking we find those properties with 1 at an average price of $150,446. The properties with the highest average price have 1 bedroom, Their price is 9 % more costly than the average. After that we have properties with 2 bedrooms priced at $149,693.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $68 / sq.feet, with an average $1,009 / sq.feet price in South Sioux City. The properties with the lowest average prices have 1 bedroom. They are 93 % cheaper than the average followed by properties with 2 bedrooms with a price at $68 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $138,296 it is 8 % 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 $149,693 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 $68 / sq.feet followed by "House" priced at $352 / sq.feet. "House" is the cheapest type of property with a $352 / sq.feet value followed by "Apartment" with an average price of $68 / sq.feet.