Property prices for sale in Jackson (Mississippi)
The prices in real estate in Jackson, in the Mississippi region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Jackson has remained the same in the last 6 months. In October, the average price per sq.feet was $705. In the following month the price per sq.feet increased considerably to $872. In the following two months the price per sq.feet has barely changed, going from $788.5 to $751 per sq.feet. The price per sq.feet has had a considerable deflation of 79 % 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 $769.75 to $610.5 during February, and March.
Based upon to the price in Jackson (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $136,868. In November This price remains at $143,570. During the following two months (December, January) the average price had a considerable increase of 115 % 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 123 % 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 $221,014 they are 73 % more affordable than the average price for Jackson. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 3 bedrooms priced at $164,767.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $75 / sq.feet, with an average $1,138 / sq.feet price in Jackson. The properties with the highest average prices have 4 bedrooms. They are 93 % more expensive than the average followed by properties with 3 bedrooms with a price at $768 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $221,014 it is 43 % cheaper than the average price in Jackson. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $216,524 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $80 / sq.feet followed by "Condo" priced at $117 / sq.feet. "Land" is the most costly type of property with a $30,635 / sq.feet cost followed by "Townhouse" with an average price of $1,543 / sq.feet.
