Property prices for sale in Alpena (Michigan)

The prices in real estate in Alpena, 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.

$253,410.17
Average price last 6 months
$186
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Alpena has increased strongly during the last 6 months. In September, the average price per sq.feet was $151. In the following month the price per sq.feet increased to $168. In the following two months the price per sq.feet has barely changed, going from $159.5 to $153 per sq.feet. The price per sq.feet has had a considerable increase of 157 % 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 $156.25 to $245.5 during January, and February.

Average price

Based upon to the price in Alpena (cities), this has gone up in the last 6 months. The price in September is $241,068, rising in October till $259,869. During the following two months (November, December) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 115 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $271,624 they are 85 % more affordable than the average price for Alpena. The properties with the highest average price have 3 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 4 bedrooms priced at $282,441.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $74 / sq.feet, with an average $347 / sq.feet price in Alpena. The properties with the lowest average prices have 3 bedrooms. They are 50 % cheaper than the average followed by properties with 2 bedrooms with a price at $128 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $271,624 it is 96 % cheaper than the average price in Alpena. "Land" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $304,407 it is 850 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $19 / sq.feet followed by "House" priced at $153 / sq.feet. "Land" is the most costly type of property with a $11,678 / sq.feet cost followed by "Detached House" with an average price of $817 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Alpena
Number of properties used in region Michigan
$271,624
$347
1,302
531,356
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value