The prices in real estate in Starkville, in the Mississippi 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 Starkville has increased strongly during the last 6 months. In October, the average price per sq.feet was $196. In the following month the price per sq.feet increased considerably to $685. The price for the following two months in (December, January) had a considerable increment of 124 %. The price per sq.feet has had a considerable increase of 134 % 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 $493.25 to $661.5 during February, and March.
Based upon to the price in Starkville (cities), this has gone downing the last 6 months. The average price for October is $456,805. During November the price had a slight fall till $414,476. In the following two months the average price has remained the same with regard to the previous two months from $435,640.5 to $426,472. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $431,056.25 to $369,357.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $340,825 they are 31 % more affordable than the average price for Starkville. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at $381,382.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $186 / sq.feet, with an average $616 / sq.feet price in Starkville. The properties with the lowest average prices have 1 bedroom. They are 29 % cheaper than the average followed by properties with 3 bedrooms with a price at $284 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $340,825 it is 44 % cheaper than the average price in Starkville. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Condo". At a price of $377,019 it is 235 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $404 / sq.feet followed by "House" priced at $457 / sq.feet. "Land" is the most costly type of property with a $19,072 / sq.feet cost followed by "Commercial" with an average price of $2,998 / sq.feet.