Property prices for sale in Vicksburg (Mississippi)
The prices in real estate in Vicksburg, 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.
The price per sq.feet in Vicksburg has increased strongly during the last 6 months. In October, the average price per sq.feet was $309. In the following month the price per sq.feet decreased considerably to $102. The price for the following two months in (December, January) had a considerable decrease of 49 with regard to the prior two months. The price per sq.feet has had a considerable increase of 1023 % 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 $152.75 to $1,563 during February, and March.
Based upon to the price in Vicksburg (cities), this has gone up in the last 6 months. The price in October is $165,950, rising in November till $178,211. During the following two months (December, January) the price has had an average incrementation from $172,080.5 to $193,495.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $182,788 to $161,387.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $168,710 they are 68 % more affordable than the average price for Vicksburg. The properties with the highest average price have 4 bedrooms, Their price is 72 % more costly than the average. After that we have properties with 3 bedrooms priced at $165,716.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $42 / sq.feet, with an average $1,293 / sq.feet price in Vicksburg. The properties with the lowest average prices have 4 bedrooms. They are 91 % cheaper than the average followed by properties with 3 bedrooms with a price at $105 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $168,710 it is 85 % cheaper than the average price in Vicksburg. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $188,599 it is 52 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $11 / sq.feet followed by "Condo" priced at $32 / sq.feet. "Land" is the most costly type of property with a $26,932 / sq.feet cost followed by "Detached House" with an average price of $104 / sq.feet.
