Property prices for sale in Tupelo (Mississippi)

The prices in real estate in Tupelo, in the Mississippi region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$291,204.33
Average price last 6 months
$2,076.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Tupelo has fallen in the last 6 months. In November, the average price per sq.feet was $2,241. In the following month the price per sq.feet decreased to $2,004. In the following two months the price per sq.feet has increased 110 %, going from $2,122.5 to $2,342.5 per sq.feet. The price per sq.feet has had a considerable deflation of 79 % 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 $2,232.5 to $1,765.5 during March, and April.

Average price

Based upon to the price in Tupelo (cities), this has gone up in the last 6 months. The price in November is $278,854, rising in December till $300,188. During the following two months (January, February) the average price fell 95 % 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 gone up 110 % during the last two months.

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 $333,546 they are 97 % more affordable than the average price for Tupelo. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $223,956.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $30 / sq.feet, with an average $562 / sq.feet price in Tupelo. The properties with the lowest average prices have 4 bedrooms. They are 33 % cheaper than the average followed by properties with 2 bedrooms with a price at $170 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $333,546 it is 71 % cheaper than the average price in Tupelo. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $312,982 it is 42 % 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 $149 / sq.feet followed by "House" priced at $976 / sq.feet. "Apartment" is the most costly type of property with a $14,895 / sq.feet cost followed by "House" with an average price of $976 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Tupelo
Number of properties used in region Mississippi
$333,546
$562
3,106
171,122
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value