Property prices for sale in Spencer (Indiana)

The prices in real estate in Spencer, 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.

$1,003,620.17
Average price last 6 months
$808.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Spencer has increased strongly during the last 6 months. In March, the average price per sq.feet was $125. In the following month the price per sq.feet decreased to $118. The price for the following two months in (May, June) had a considerable increment of 626 %. The price per sq.feet has had a considerable increase of 350 % 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 $441.25 to $1,544 during July, and August.

Average price

Based upon to the price in Spencer (cities), this has gone up considerably in the last 6 months. The average price for March is $301,288. During April the price had a considerable reduction till $252,867. During the following two months (May, June) the average price had a considerable increase of 385 % 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 248 % 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 $2,063,184 they are 95 % more affordable than the average price for Spencer. The properties with the lowest average price have 2 bedrooms, Their price is 85 % cheaper than the average. After that we have properties with 4 bedrooms priced at $257,392.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $85 / sq.feet, with an average $1,975 / sq.feet price in Spencer. The properties with the lowest average prices have 2 bedrooms. They are 92 % cheaper than the average followed by properties with 3 bedrooms with a price at $89 / sq.feet.

Price per property type

With regard to the average price based upon the property in Spencer we can see that the cheapest property type is "Farm" at a price of $193,189, they are 91 % more affordable than the average price of (!PRECIO2!). "Farm" has the lowest price. This price is 91 % more affordable than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "Farm with an average price of $89 / sq.feet. "Farm" with an average cost of $89 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Spencer
Number of properties used in region Indiana
$2,063,184
$1,975
98
112,466
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value