Land prices for sale in Makonde

The average price of land for sale in Makonde is $700,000

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Historical price trends

The historical trend of land prices in Makonde, Zimbabwe, reveals significant fluctuations over the years. In 2015, the average price for land was just $30,000, reflecting a burgeoning interest in this picturesque region. However, by 2017, prices surged to $234,567, indicating a boom in the real estate market. A noticeable drop occurred in 2019, with prices plummeting to $3,000, likely due to economic challenges. The market rebounded in 2022, showcasing a price of $275,000, before stabilizing to $120,000 in 2023. Projected figures for 2024 suggest continued growth, hitting an estimated $700,000. This trend highlights the evolving landscape of Makonde, with its rich agricultural potential and scenic beauty enticing investors and homebuyers alike.