Property prices for sale in Hereford (Texas)

The prices in real estate in Hereford, in the Texas 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.

$244,837.33
Average price last 6 months
$531.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Hereford has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,852. In the following month the price per sq.feet decreased considerably to $209. The price for the following two months in (January, February) had a considerable decrease of 15 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 69 % 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 $592.25 to $410.5 during March, and April.

Average price

Based upon to the price in Hereford (cities), this has fallen considerably in the last 6 months. The average price for November is $295,079. During December the price had a considerable reduction till $241,802. During the following two months (January, February) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $253,947.5 to $226,617 in March and April.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 33 % cheaper than the average price of $149,700 in Hereford. Based on the bedrooms values, properties with the lowest prices are those with 2 bedrooms. They are 26 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 2 bedrooms are 18 % cheaper than the average price of ($101 / sq.feet) in Hereford. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 8 % cheaper than the average value aforementioned.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Hereford
Number of properties used in region Texas
$222,562
$123
694
2,326,214
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value