Property prices for sale in Big Rapids (Michigan)

The prices in real estate in Big Rapids, in the Michigan region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$181,945.5
Average price last 6 months
$32,954.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Big Rapids has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $195,447. In the following month the price per sq.feet decreased considerably to $626. The price for the following two months in (June, July) had a considerable decrease of 1 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 0 % 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 $49,390.25 to $83.5 during August, and September.

Average price

Based upon to the price in Big Rapids (cities), this has fallen considerably in the last 6 months. The average price for April is $329,875. During May the price had a considerable reduction till $169,900. During the following two months (June, July) the average price had a considerable reduction of 58 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $196,987.5 to $151,861.5, which means a 77 % fall.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 110 % more costly than the average price of $328,348 in Big Rapids. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 110 % more expensive than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 499 % more costly than the average price of ($503 / sq.feet) in Big Rapids. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 499 % more costly than the average value aforementioned.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $156,009 it is 95 % more expensive than the average price in Big Rapids. "Condo" is seen as the second dearest property type. The dearest property type is "House" followed by "Duplex". At a price of $327,690 it is 110 % more expensive than the average price.

According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $495 / sq.feet followed by "Duplex" priced at $501 / sq.feet. "Apartment" is the most costly type of property with a $8,741 / sq.feet cost followed by "House" with an average price of $503 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Big Rapids
Number of properties used in region Michigan
$156,009
$84
136
139,802
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value