Property prices for sale in Summit (Mississippi)

The prices in real estate in Summit, 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.

$292,468.33
Average price last 6 months
$101
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Summit has increased strongly during the last 6 months. In June, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to . The price for the following two months in (August, September) had a considerable increment of 2147483647 %. The price per sq.feet has had a considerable increase of 412 % 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 $24.75 to $102 during October, and November.

Average price

Based upon to the price in Summit (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is . During July the price went through a considerable rise reaching . During the following two months (August, September) the average price had a considerable increase of 2147483647 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 255 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 62 % cheaper than the average price of $102,382 in Summit. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 62 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 57 % cheaper than the average price of ($44 / sq.feet) in Summit. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 57 % cheaper than the average value aforementioned.

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $267,438 it is 62 % cheaper than the average price in Summit. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $102,382 it is 43 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $44 / sq.feet followed by "Apartment" priced at $64 / sq.feet. "Apartment" is the cheapest type of property with a $64 / sq.feet value followed by "House" with an average price of $44 / sq.feet.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Summit
Number of properties used in region Mississippi
$267,438
$103
30
38,506
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value