Property prices for sale in Mississippi region
The average price in the Mississippi region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in Mississippi has increased strongly in the last 6 months. During October, the average price per sq.feet was $1,238. The following month (November) the price increased to $1,341 per sq.feet. In the following two months (December, January) the price per sq.feet has risen strongly to a 143 %. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per sq.feet of $1,564.5 to $1,486.5 during February and March.
Based upon to the price in Mississippi(region), these have remained the same in the last 6 months. October has an average price of $297,032. During November the price had a slight deflation till $274,600. The average price for the following two months (December, January) increased from $285,816 to $316,160.5. During the last two months the average price has remained stagnant and has gone from $300,988.25 to $308,861 during February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 41 % more affordable than the average price in Mississippi followed by those with 2 with an average price of $226,110. The most costly properties have 4 bedrooms. They are 18 % more expensive than the average followed by those properties with 3 bedrooms priced at $279,274.
Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $274 / sq.feet being $1,739 / sq.feet the average value within the Mississippi region. The properties with the most expensive average price are those with 4 bedrooms. These are 64 % more costly than the average followed by those with 3 bedrooms with a price of $2,062 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $331,151 it is 57 % more affordable than the average in Mississippi. This is followed by "Apartment" with a price of $206,925. The dearest property type is "House" and is 1 % more expensive than the average, followed by "Commercial" with a cost of $306,341.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $88 / sq.feet, followed by "Apartment" with a price of $177 / sq.feet. "House" with an average price of $2,088 / sq.feet is the most costly type of property followed by "Land" at a price of $1,788 / sq.feet.
