Property prices for sale in Newaygo (Michigan)

The prices in real estate in Newaygo, in the Michigan 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.

$402,570
Average price last 6 months
$535.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Newaygo has increased strongly during the last 6 months. In November, the average price per sq.feet was $231. In the following month the price per sq.feet increased to $254. In the following two months the price per sq.feet has increased 111 %, going from $242.5 to $269.5 per sq.feet. The price per sq.feet has had a considerable increase of 428 % 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 $256 to $1,095 during March, and April.

Average price

Based upon to the price in Newaygo (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $413,033. In December This price remains at $407,683. In the following two months the average price has remained the same with regard to the previous two months from $410,358 to $391,501.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $400,929.75 and $405,850.5 between March and April.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $419,733 they are 38 % more affordable than the average price for Newaygo. The properties with the highest average price have 1 bedroom, Their price is 90 % more costly than the average. After that we have properties with 3 bedrooms priced at $459,004.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $155 / sq.feet, with an average $293 / sq.feet price in Newaygo. The properties with the highest average prices have 1 bedroom. They are 113 % more expensive than the average followed by properties with 3 bedrooms with a price at $282 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $419,733 it is 52 % cheaper than the average price in Newaygo. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $416,211 it is 27 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $227 / sq.feet followed by "Detached House" priced at $249 / sq.feet. "Land" is the most costly type of property with a $43,001 / sq.feet cost followed by "Detached House" with an average price of $249 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Newaygo
Number of properties used in region Michigan
$419,733
$293
1,082
500,930
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value