Property prices for sale in Troup (Texas)

The prices in real estate in Troup, in the Texas region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$394,400.33
Average price last 6 months
$896.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Troup has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,943. In the following month the price per sq.feet decreased considerably to $1,348. The price for the following two months in (January, February) had a considerable decrease of 52 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 15 % 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 $1,249.5 to $191 during March, and April.

Average price

Based upon to the price in Troup (cities), this has fallen considerably in the last 6 months. The average price for November is $491,423. During December the price had a slight fall till $453,690. During the following two months (January, February) the average price had a considerable reduction of 80 % 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 $426,418.75 to $330,363.5, which means a 77 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $308,607 they are 57 % more affordable than the average price for Troup. The properties with the lowest average price have 2 bedrooms, Their price is 5 % cheaper than the average. After that we have properties with 1 bedroom priced at $133,000.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $96 / sq.feet, with an average $183 / sq.feet price in Troup. The properties with the highest average prices have 1 bedroom. They are 107 % more expensive than the average followed by properties with 2 bedrooms with a price at $96 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $308,607 it is 12 % cheaper than the average price in Troup. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Office". At a price of $272,453 it is 5 % 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 $76 / sq.feet followed by "House" priced at $96 / sq.feet. "House" is the cheapest type of property with a $96 / sq.feet value followed by "Office" with an average price of $76 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Troup
Number of properties used in region Texas
$308,607
$183
228
848,520
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value