Property prices for sale in Booneville (Arkansas)
The prices in real estate in Booneville, in the Arkansas 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.
The price per sq.feet in Booneville has increased strongly during the last 6 months. In August, the average price per sq.feet was $109. In the following month the price per sq.feet increased considerably to $128. In the following two months the price per sq.feet has increased 108 %, going from $118.5 to $127.5 per sq.feet. The price per sq.feet has had a considerable increase of 132 % 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 $123 to $162.5 during December, and January.
Based upon to the price in Booneville (cities), this has gone up considerably in the last 6 months. In our first sample month during August, the average price is $242,433. In September This price remains at $233,700. In the following two months the average price has remained the same with regard to the previous two months from $238,066.5 to $243,670.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 146 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $325,727 they are 70 % more affordable than the average price for Booneville. The properties with the highest average price have 3 bedrooms, Their price is 419 % more costly than the average. After that we have properties with 4 bedrooms priced at $318,597.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $116 / sq.feet, with an average $178 / sq.feet price in Booneville. The properties with the highest average prices have 3 bedrooms. They are 888 % more expensive than the average followed by properties with 2 bedrooms with a price at $179 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $325,727 it is 58 % cheaper than the average price in Booneville. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $136,029 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $171 / sq.feet followed by "Commercial" priced at $22,770 / sq.feet. "Commercial" is the most costly type of property with a $22,770 / sq.feet cost followed by "House" with an average price of $171 / sq.feet.
