Property prices for sale in Smithville (Texas)

The prices in real estate in Smithville, in the Texas 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

$1,365,414
Average price last 6 months
$358.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Smithville has fallen in the last 6 months. In March, the average price per sq.feet was $382. In the following month the price per sq.feet decreased considerably to $265. The price for the following two months in (May, June) had a considerable increment of 147 %. The price per sq.feet has had a considerable deflation of 69 % 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 $399.25 to $276.5 during July, and August.

Average price

Based upon to the price in Smithville (cities), this has fallen considerably in the last 6 months. The average price for March is $1,992,429. During April the price had a considerable reduction till $1,347,428. During the following two months (May, June) the average price fell 93 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,609,601.75 to $877,038.5, which means a 54 % fall.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 49 % cheaper than the average price of $253,455 in Smithville. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 49 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 21 % cheaper than the average price of ($126 / sq.feet) in Smithville. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 21 % cheaper than the average value aforementioned.

Price per property type

The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $496,760 it is 83 % cheaper than the average price in Smithville. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $110,720 it is 49 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $48 / sq.feet followed by "Apartment" priced at $57 / sq.feet. "Duplex" is the most costly type of property with a $259 / sq.feet cost followed by "House" with an average price of $126 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Smithville
Number of properties used in region Texas
$496,760
$160
82
684,438
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value