Property prices for sale in Springfield (Missouri)

The price per sq.feet in Springfield has fallen in the last 6 months. In October, the average price per sq.feet was $1,960. In the following month the price per sq.feet increased considerably to $2,850. The price for the following two months in (December, January) had a considerable decrease of 70 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 64 % 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 $2,047.75 to $1,311 during February, and March.

Based upon to the price in Springfield (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $283,191. In November This price remains at $292,618. During the following two months (December, January) the average price had a considerable reduction of 85 % with regard to the previous two months. 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 $265,948.75 and $254,126.5 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 $280,211 they are 71 % more affordable than the average price for Springfield. The properties with the highest average price have 4 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 3 bedrooms priced at $240,044.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $78 / sq.feet, with an average $2,157 / sq.feet price in Springfield. The properties with the highest average prices have 4 bedrooms. They are 83 % more expensive than the average followed by properties with 3 bedrooms with a price at $2,005 / sq.feet.

The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $280,211 it is 48 % cheaper than the average price in Springfield. "Detached House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $287,921 it is 109 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $101 / sq.feet followed by "Farm" priced at $118 / sq.feet. "Land" is the most costly type of property with a $25,610 / sq.feet cost followed by "House" with an average price of $1,815 / sq.feet.