Property prices for sale in Oxford (Mississippi)
The prices in real estate in Oxford, in the Mississippi region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Oxford has fallen in the last 6 months. In October, the average price per sq.feet was $6,243. In the following month the price per sq.feet decreased to $5,847. The price for the following two months in (December, January) decreased 87 % with regard to the prior two months. The price per sq.feet has increased 106 % 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 $5,657.75 to $6,005.5 during February, and March.
Based upon to the price in Oxford (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $464,722. In November This price remains at $487,178. In the following two months the average price has remained the same with regard to the previous two months from $475,950 to $456,572. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $559,230 they are 75 % more affordable than the average price for Oxford. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $427,648.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $342 / sq.feet, with an average $5,801 / sq.feet price in Oxford. The properties with the lowest average prices have 4 bedrooms. They are 18 % cheaper than the average followed by properties with 3 bedrooms with a price at $2,393 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $559,230 it is 61 % cheaper than the average price in Oxford. "Mobile Home" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Townhouse". At a price of $453,889 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Mobile Home" at an average cost of $93 / sq.feet followed by "House" priced at $322 / sq.feet. "Apartment" is the most costly type of property with a $9,389 / sq.feet cost followed by "Detached House" with an average price of $1,383 / sq.feet.
