The prices in real estate in Murphysboro, in the Illinois region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Murphysboro has increased during the last 6 months. In February, the average price per sq.feet was $56. In the following month the price per sq.feet decreased to $53. In the following two months the price per sq.feet has increased 106 %, going from $54.5 to $58 per sq.feet. The price per sq.feet has increased 111 % 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 $56.25 to $62.5 during June, and July.
Based upon to the price in Murphysboro (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $80,000. In March This price remains at $78,290. During the following two months (April, May) the price has had an average incrementation from $79,145 to $83,457.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 137 % 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 $128,033 they are 57 % more affordable than the average price for Murphysboro. The properties with the highest average price have 3 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 4 bedrooms priced at $98,027.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $39 / sq.feet, with an average $66 / sq.feet price in Murphysboro. The properties with the highest average prices have 3 bedrooms. They are 18 % more expensive than the average followed by properties with 1 bedroom with a price at $49 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $128,033 it is 70 % cheaper than the average price in Murphysboro. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $38,505 it is 36 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $32 / sq.feet followed by "House" priced at $53 / sq.feet. "House" is the cheapest type of property with a $53 / sq.feet value followed by "Condo" with an average price of $32 / sq.feet.