The prices in real estate in Neosho, 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 Neosho has increased strongly during the last 6 months. In October, the average price per sq.feet was $118. In November this price pretty much remained the same at a value of $122 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 870 %. The price per sq.feet has had a considerable deflation of 83 % 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 $582.25 to $480.5 during February, and March.
Based upon to the price in Neosho (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $236,546. In November This price remains at $232,776. During the following two months (December, January) the price has had an average incrementation from $234,661 to $250,478.5. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $278,615 they are 22 % more affordable than the average price for Neosho. The properties with the highest average price have 2 bedrooms, Their price is 43 % more costly than the average. After that we have properties with 4 bedrooms priced at $387,626.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $128 / sq.feet, with an average $222 / sq.feet price in Neosho. The properties with the highest average prices have 1 bedroom. They are 112 % more expensive than the average followed by properties with 2 bedrooms with a price at $383 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $278,615 it is 8 % cheaper than the average price in Neosho. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $271,215 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $94 / sq.feet followed by "House" priced at $149 / sq.feet. "Land" is the most costly type of property with a $19,059 / sq.feet cost followed by "House" with an average price of $149 / sq.feet.