Property prices for sale in Tower (Minnesota)

The prices in real estate in Tower, in the Minnesota 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.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Tower has increased strongly during the last 6 months. In April, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $216. The price for the following two months in (June, July) had a considerable increment of 214 %. The price per sq.feet has had a considerable increase of 160 % 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 $169.5 to $270.5 during August, and September.

Average price

Based upon to the price in Tower (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is . During May the price went through a considerable rise reaching $1,059,667. During the following two months (June, July) the average price had a considerable increase of 136 % 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 $625,086.5 to $522,083.5, which means a 84 % fall.

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 $494,567 they are 28 % more affordable than the average price for Tower. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $558,680.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $184 / sq.feet, with an average $266 / sq.feet price in Tower. The properties with the highest average prices have 1 bedroom. They are 40 % more expensive than the average followed by properties with 3 bedrooms with a price at $288 / sq.feet.

Price per property type

With regard to the average price based upon the property in Tower we can see that most expensive property type is "House" at a price of $538,025, they are 9 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 9 % more expensive than the average price aforementioned.

According to the average area price by sq.feet the most costly property type is "House with an average price of $300 / sq.feet. "House" at an average price of $300 / sq.feet has the most expensive price and would be directed at more affluent cities.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Tower
Number of properties used in region Minnesota
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value