Property prices for sale in Troup (Texas)
The prices in real estate in Troup, in the Texas 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 Troup has increased strongly during the last 6 months. In October, the average price per sq.feet was $209. In the following month the price per sq.feet increased considerably to $251. In the following two months the price per sq.feet has barely changed, going from $230 to $226.5 per sq.feet. The price per sq.feet has had a considerable increase of 935 % 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 $228.25 to $2,133.5 during February, and March.
Based upon to the price in Troup (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $427,592. In November This price remains at $424,746. During the following two months (December, January) the price has had an average incrementation from $426,169 to $450,084.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $466,958 they are 78 % more affordable than the average price for Troup. The properties with the lowest average price have 4 bedrooms, Their price is 35 % cheaper than the average. After that we have properties with 3 bedrooms priced at $290,732.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $114 / sq.feet, with an average $2,216 / sq.feet price in Troup. The properties with the lowest average prices have 1 bedroom. They are 92 % cheaper than the average followed by properties with 3 bedrooms with a price at $157 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $466,958 it is 46 % cheaper than the average price in Troup. "Office" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Office". At a price of $266,243 it is 12 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $53 / sq.feet followed by "Land" priced at $121 / sq.feet. "House" is the cheapest type of property with a $161 / sq.feet value followed by "Land" with an average price of $121 / sq.feet.
