Property prices for sale in Meridianville (Alabama)

The prices in real estate in Meridianville, in the Alabama 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.

$378,896.67
Average price last 6 months
$1,938.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Meridianville has increased strongly during the last 6 months. In November, the average price per sq.feet was $160. In December this price pretty much remained the same at a value of $165 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 1400 %. The price per sq.feet has had a considerable increase of 277 % 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 $1,218.5 to $3,377.5 during March, and April.

Average price

Based upon to the price in Meridianville (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $375,729. In December This price remains at $366,881. During the following two months (January, February) the price has had an average incrementation from $371,305 to $391,075.5. 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 $381,190.25 and $374,309.5 between March and April.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $391,850 they are 46 % more affordable than the average price for Meridianville. The properties with the lowest average price have 1 bedroom, Their price is 41 % cheaper than the average. After that we have properties with 2 bedrooms priced at $211,279.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $29 / sq.feet, with an average $1,020 / sq.feet price in Meridianville. The properties with the lowest average prices have 1 bedroom. They are 64 % cheaper than the average followed by properties with 2 bedrooms with a price at $29 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $391,850 it is 46 % cheaper than the average price in Meridianville. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $209,975 it is 46 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $28 / sq.feet followed by "House" priced at $29 / sq.feet. "House" is the cheapest type of property with a $29 / sq.feet value followed by "Apartment" with an average price of $28 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Meridianville
Number of properties used in region Alabama
$391,850
$1,020
3,600
929,630
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value