Property prices for sale in Grove (Oklahoma)

The prices in real estate in Grove, in the Oklahoma region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Grove has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $1,023. In the following month the price per sq.feet decreased to $971. The price for the following two months in (August, September) had a considerable decrease of 10 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 22 % 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 $549.75 to $118.5 during October, and November.

Average price

Based upon to the price in Grove (cities), this has fallen considerably in the last 6 months. The average price for June is $336,990. During July the price had a considerable reduction till $272,440. During the following two months (August, September) the average price had a considerable reduction of 81 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $381,437 they are 59 % more affordable than the average price for Grove. The properties with the lowest average price have 1 bedroom, Their price is 14 % cheaper than the average. After that we have properties with 4 bedrooms priced at $326,858.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $85 / sq.feet, with an average $129 / sq.feet price in Grove. The properties with the lowest average prices have 2 bedrooms. They are 7 % cheaper than the average followed by properties with 3 bedrooms with a price at $110 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $381,437 it is 73 % cheaper than the average price in Grove. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Condo". At a price of $528,645 it is 39 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $111 / sq.feet followed by "Commercial" priced at $122 / sq.feet. "Office" is the most costly type of property with a $578 / sq.feet cost followed by "Condo" with an average price of $449 / sq.feet.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Grove
Number of properties used in region Oklahoma
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value