Property prices for sale in Spencer (Iowa)
The prices in real estate in Spencer, in the Iowa 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 Spencer has increased during the last 6 months. In October, the average price per sq.feet was $138. In November this price pretty much remained the same at a value of $140 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $139 to $144.5 per sq.feet. The price per sq.feet has increased 110 % 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 $141.75 to $156 during February, and March.
Based upon to the price in Spencer (cities), these have remained the same in the last 6 months. The average price for October is $273,746. During November the price had a slight fall till $255,290. In the following two months the average price has remained the same with regard to the previous two months from $264,518 to $263,881.5. 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 $264,199.75 and $265,767 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $280,067 they are 65 % more affordable than the average price for Spencer. The properties with the lowest average price have 4 bedrooms, Their price is 12 % cheaper than the average. After that we have properties with 3 bedrooms priced at $235,562.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $74 / sq.feet, with an average $156 / sq.feet price in Spencer. The properties with the lowest average prices have 3 bedrooms. They are 28 % cheaper than the average followed by properties with 1 bedroom with a price at $111 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $280,067 it is 43 % cheaper than the average price in Spencer. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $177,798 it is 32 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $89 / sq.feet followed by "Condo" priced at $327 / sq.feet. "Condo" is the most costly type of property with a $327 / sq.feet cost followed by "Apartment" with an average price of $89 / sq.feet.
