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 January, the average price per sq.feet was $116. In the following month the price per sq.feet decreased to $108. In the following two months the price per sq.feet has increased 110 %, going from $112 to $123.5 per sq.feet. The price per sq.feet has increased 111 % 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 $117.75 to $131 during May, and June.

Average price

Based upon to the price in Hazel Park (cities), these have remained the same in the last 6 months. The average price for January is $100,937. During February the price had a slight fall till $90,987. During the following two months (March, April) the price has had an average incrementation from $95,962 to $104,819. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $108,068 they are 59 % more expensive than the average price for Hazel Park. Following this ranking we find those properties with 1 at an average price of $172,513. The properties with the highest average price have 1 bedroom, Their price is 60 % more costly than the average. After that we have properties with 4 bedrooms priced at $171,478.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $39 / sq.feet, with an average $125 / sq.feet price in Hazel Park. The properties with the lowest average prices have 1 bedroom. They are 64 % cheaper than the average followed by properties with 4 bedrooms with a price at $39 / 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 $108,068 it is 12 % cheaper than the average price in Hazel Park. "Farm" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Farm". At a price of $96,928 it is 59 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $39 / sq.feet followed by "Farm" priced at $66 / sq.feet. "Duplex" is the cheapest type of property with a $68 / sq.feet value followed by "Farm" with an average price of $66 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
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