Property prices for sale in Jefferson City (Tennessee)
The prices in real estate in Jefferson City, in the Tennessee 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 Jefferson City has increased strongly during the last 6 months. In November, the average price per sq.feet was $234. In the following month the price per sq.feet decreased to $204. In the following two months the price per sq.feet has barely changed, going from $219 to $214.5 per sq.feet. The price per sq.feet has had a considerable increase of 202 % 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 $216.75 to $438 during March, and April.
Based upon to the price in Jefferson City (cities), this has gone up in the last 6 months. The average price for November is $475,935. During December the price had a slight fall till $451,826. During the following two months (January, February) the average price had a considerable increase of 117 % 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 $502,754.5 and $502,035.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $470,824 they are 85 % more affordable than the average price for Jefferson City. The properties with the lowest average price have 4 bedrooms, Their price is 16 % cheaper than the average. After that we have properties with 3 bedrooms priced at $371,469.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $76 / sq.feet, with an average $224 / sq.feet price in Jefferson City. The properties with the lowest average prices have 2 bedrooms. They are 5 % cheaper than the average followed by properties with 3 bedrooms with a price at $183 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $470,824 it is 66 % cheaper than the average price in Jefferson City. "Farm" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Farm". At a price of $174,698 it is 24 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $22 / sq.feet followed by "Apartment" priced at $172 / sq.feet. "House" is the most costly type of property with a $897 / sq.feet cost followed by "Apartment" with an average price of $172 / sq.feet.
