The average price in the Indiana region has had a slight decrease in recent months. There has been a deflation in the prices in this region.
The price per sq.feet in Indiana has risen in the last 6 months. During October, the average price per sq.feet was $117. The following month the price decreased to $108 per sq.feet. The following two months (December, January) there has been a deflation of 89 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has increased 110 %. This has been obtained by comparing the price $106.5 for the first four months of the sample with regard to the previous 4 months and the price $117.5 per sq.feet for the last two months (February, March).
Based upon to the price in Indiana (region), this has decreased in the last 6 months. In the first month sample October the average price is $257,892. In November the price was the same at $245,563. In the following two months the average price has decreased 83 % compared to the previous two. During the last two months the average price has remained stagnant and has gone from $230,435.25 to $229,000 during February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 48 % more affordable than the average price in Indiana followed by those with 2 with an average price of $124,145. The most costly properties have 4 bedrooms. They are 15 % more expensive than the average followed by those properties with 3 bedrooms priced at $191,154.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $98 / sq.feet being $117 / sq.feet the average value within the Indiana region. The properties with the most expensive average price are those with 1 bedroom. These are 18 % more costly than the average followed by those with 3 bedrooms with a price of $113 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $230,898 it is 41 % more affordable than the average in Indiana. This is followed by "House" with a price of $195,454. The dearest property type is "Townhouse" and is 20 % more expensive than the average, followed by "Detached House" with a cost of $277,308.
Based on the average cost per sq.feet the cheapest property type is "Apartment with a an average cost of $75 / sq.feet, followed by "Detached House" with a price of $103 / sq.feet. "Land" with an average price of $26,289 / sq.feet is the most costly type of property followed by "Townhouse" at a price of $165 / sq.feet.