Property prices for sale in Willmar (Minnesota)

The prices in real estate in Willmar, in the Minnesota region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$221,492.33
Average price last 6 months
$96.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Willmar has fallen in the last 6 months. In September, the average price per sq.feet was $103. In October this price pretty much remained the same at a value of $104 per sq.feet. The price for the following two months in (November, December) decreased 92 % with regard to the prior two months. The price per sq.feet has decreased 93 % 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 $99.25 to $92 during January, and February.

Average price

Based upon to the price in Willmar (cities), this has fallen considerably in the last 6 months. In our first sample month during September, the average price is $266,225. In October This price remains at $265,669. During the following two months (November, December) the average price had a considerable reduction of 78 % 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 $236,956.25 to $190,564.5, which means a 80 % 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 $191,250 they are 13 % more affordable than the average price for Willmar. The properties with the highest average price have 4 bedrooms, Their price is 79 % more costly than the average. After that we have properties with 3 bedrooms priced at $282,782.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $64 / sq.feet, with an average $90 / sq.feet price in Willmar. The properties with the highest average prices have 3 bedrooms. They are 20 % more expensive than the average followed by properties with 4 bedrooms with a price at $94 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $191,250 it is 31 % cheaper than the average price in Willmar. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $163,768 it is 40 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $49 / sq.feet followed by "House" priced at $103 / sq.feet. "Condo" is the most costly type of property with a $115 / sq.feet cost followed by "House" with an average price of $103 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Willmar
Number of properties used in region Minnesota
$191,250
$90
522
112,782
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value