The average price in the Iowa region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in Iowa has increased strongly in the last 6 months. During October, the average price per sq.feet was $542. The following month (November) the price had a considerable increase reaching $1,093 per sq.feet. The following two months (December, January) went through a considerable deflation of 60 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant increase of 133 %. This has been obtained by comparing the price of $652 for the first four months of the sample with regard to the previous 4 months and the price of $866.5 per sq.feet for the last two months (February, March).
Based upon to the price in Iowa(region), this has increased in the last 6 months. The average price in October is $297,893. In November the price increased to $315,489. In the following two months the average price didn't change much compared to the previous two going from $306,691 to $315,073.5. During the last two months the average price has remained stagnant and has gone from $310,882.25 to $314,291 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 53 % more affordable than the average price in Iowa followed by those with 2 with an average price of $178,661. The most costly properties have 4 bedrooms. They are 20 % more expensive than the average followed by those properties with 3 bedrooms priced at $274,030.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $139 / sq.feet being $1,070 / sq.feet the average value within the Iowa region. The properties with the most expensive average price are those with 4 bedrooms. These are 13 % more costly than the average followed by those with 3 bedrooms with a price of $205 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $328,972 it is 47 % more affordable than the average in Iowa. This is followed by "Commercial" with a price of $241,477. The dearest property type is "Farm" and is 221 % more expensive than the average, followed by "House" with a cost of $338,145.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $71 / sq.feet, followed by "Townhouse" with a price of $131 / sq.feet. "Land" with an average price of $2,817 / sq.feet is the most costly type of property followed by "House" at a price of $971 / sq.feet.