Property prices for sale in Hernando (Mississippi)

The prices in real estate in Hernando, in the Mississippi region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$376,427.5
Average price last 6 months
$2,340.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Hernando has fallen in the last 6 months. In October, the average price per sq.feet was $2,533. In the following month the price per sq.feet decreased considerably to $1,906. In the following two months the price per sq.feet has barely changed, going from $2,219.5 to $2,235.5 per sq.feet. The price per sq.feet has had a considerable increase of 115 % 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 $2,227.5 to $2,567.5 during February, and March.

Average price

Based upon to the price in Hernando (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $373,002. In November This price remains at $390,424. During the following two months (December, January) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $371,266 and $386,750.5 between February and March.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $364,367 they are 57 % more affordable than the average price for Hernando. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at $359,572.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $192 / sq.feet, with an average $2,806 / sq.feet price in Hernando. The properties with the lowest average prices have 4 bedrooms. They are 56 % cheaper than the average followed by properties with 2 bedrooms with a price at $418 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $364,367 it is 47 % cheaper than the average price in Hernando. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $426,391 it is 19 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $164 / sq.feet followed by "House" priced at $2,619 / sq.feet. "Land" is the most costly type of property with a $14,498 / sq.feet cost followed by "House" with an average price of $2,619 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Hernando
Number of properties used in region Mississippi
$364,367
$2,806
4,110
182,186
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value