The prices in real estate in Vicksburg, in the Michigan 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
The price per sq.feet in Vicksburg has fallen in the last 6 months. In April, the average price per sq.feet was $135. In the following month the price per sq.feet decreased to $127. In the following two months the price per sq.feet has barely changed, going from $131 to $127.5 per sq.feet. The price per sq.feet has decreased 94 % 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 $129.25 to $122 during August, and September.
Based upon to the price in Vicksburg (cities), this has gone up in the last 6 months. The price in April is $234,220, rising in May till $250,355. In the following two months the average price has remained the same with regard to the previous two months from $242,287.5 to $251,525.5. 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.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $278,048 they are 37 % more affordable than the average price for Vicksburg. The properties with the lowest average price have 1 bedroom, Their price is 27 % cheaper than the average. After that we have properties with 2 bedrooms priced at $176,176.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $82 / sq.feet, with an average $124 / sq.feet price in Vicksburg. The properties with the lowest average prices have 1 bedroom. They are 24 % cheaper than the average followed by properties with 2 bedrooms with a price at $82 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $278,048 it is 37 % cheaper than the average price in Vicksburg. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "House". At a price of $176,176 it is 17 % 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 $82 / sq.feet followed by "Duplex" priced at $90 / sq.feet. "Duplex" is the cheapest type of property with a $90 / sq.feet value followed by "House" with an average price of $82 / sq.feet.