The prices in real estate in Ozark, 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.
The price per sq.feet in Ozark has increased strongly during the last 6 months. In October, the average price per sq.feet was $108. In November this price pretty much remained the same at a value of $109 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $108.5 to $105 per sq.feet. The price per sq.feet has had a considerable increase of 429 % 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 $106.75 to $457.5 during February, and March.
Based upon to the price in Ozark (cities), these have remained the same in the last 6 months. The price in October is $170,535, rising in November till $180,170. In the following two months the average price has remained the same with regard to the previous two months from $175,352.5 to $170,820. 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 $173,086.25 and $174,866.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $176,184 they are 30 % more affordable than the average price for Ozark. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 2 bedrooms priced at $164,822.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $65 / sq.feet, with an average $804 / sq.feet price in Ozark. The properties with the lowest average prices have 2 bedrooms. They are 86 % cheaper than the average followed by properties with 3 bedrooms with a price at $77 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $176,184 it is 12 % cheaper than the average price in Ozark. "House" is seen as the second most affordable property type. The dearest property type is "Office" followed by "House". At a price of $160,455 it is 147 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $46 / sq.feet followed by "House" priced at $78 / sq.feet. "Land" is the cheapest type of property with a $775 / sq.feet value followed by "House" with an average price of $78 / sq.feet.