Property prices for sale in Hazel Park (Michigan)

The prices in real estate in Hazel Park, in the Michigan region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Hazel Park has increased during the last 6 months. In November, the average price per sq.feet was $170. In December this price pretty much remained the same at a value of $170 per sq.feet. The price for the following two months in (January, February) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 127 % 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 $164.5 to $209.5 during March, and April.

Average price

Based upon to the price in Hazel Park (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $198,821. In December This price remains at $191,023. During the following two months (January, February) the average price fell 86 % 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 risen strongly 147 % 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 $216,503 they are 40 % more affordable than the average price for Hazel Park. The properties with the lowest average price have 2 bedrooms, Their price is 15 % cheaper than the average. After that we have properties with 3 bedrooms priced at $164,732.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $109 / sq.feet, with an average $173 / sq.feet price in Hazel Park. The properties with the highest average prices have 2 bedrooms. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $145 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $216,503 it is 57 % cheaper than the average price in Hazel Park. "Farm" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $94,808 it is 44 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $44 / sq.feet followed by "Duplex" priced at $46 / sq.feet. "House" is the cheapest type of property with a $134 / sq.feet value followed by "Duplex" with an average price of $46 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Hazel Park
Number of properties used in region Michigan
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value