The prices in real estate in Joplin, in the Missouri 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 Joplin has increased strongly during the last 6 months. In October, the average price per sq.feet was $711. In the following month the price per sq.feet decreased considerably to $272. The price for the following two months in (December, January) had a considerable decrease of 27 with regard to the prior two months. The price per sq.feet has had a considerable increase of 1541 % 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 $313 to $4,822 during February, and March.
Based upon to the price in Joplin (cities), these have remained the same in the last 6 months. The average price for October is $225,579. During November the price had a slight fall till $200,849. During the following two months (December, January) the price has had an average incrementation from $213,214 to $227,293.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % 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 $261,815 they are 52 % more affordable than the average price for Joplin. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 3 bedrooms priced at $219,482.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $114 / sq.feet, with an average $5,009 / sq.feet price in Joplin. The properties with the lowest average prices have 1 bedroom. They are 97 % cheaper than the average followed by properties with 3 bedrooms with a price at $134 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $261,815 it is 23 % cheaper than the average price in Joplin. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $200,526 it is 1 % 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 $122 / sq.feet followed by "Land" priced at $65,030 / sq.feet. "Land" is the most costly type of property with a $65,030 / sq.feet cost followed by "House" with an average price of $122 / sq.feet.