The prices in real estate in Zion, in the Illinois 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 Zion has increased during the last 6 months. In October, the average price per sq.feet was $151. In November this price pretty much remained the same at a value of $145 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $148 to $154 per sq.feet. The price per sq.feet has increased 113 % 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 $151 to $171 during February, and March.
Based upon to the price in Zion (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $212,447. In November This price remains at $206,060. During the following two months (December, January) the price has had an average incrementation from $209,253.5 to $221,667.5. 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 $215,460.5 and $225,182.5 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 $224,369 they are 29 % more affordable than the average price for Zion. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at $225,713.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $168 / sq.feet, with an average $179 / sq.feet price in Zion. The properties with the lowest average prices have 3 bedrooms. They are 2 % cheaper than the average followed by properties with 2 bedrooms with a price at $171 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $224,369 it is 57 % cheaper than the average price in Zion. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $225,982 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $3 / sq.feet followed by "Townhouse" priced at $136 / sq.feet. "Land" is the most costly type of property with a $123,150 / sq.feet cost followed by "Commercial Property" with an average price of $707 / sq.feet.