Property prices for sale in Houghton Lake (Michigan)

The prices in real estate in Houghton Lake, 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.

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

The price per sq.feet in Houghton Lake has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $278. In the following month the price per sq.feet increased considerably to $455. The price for the following two months in (September, October) had a considerable decrease of 62 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 44 % 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 $297.75 to $130 during November, and December.

Average price

Based upon to the price in Houghton Lake (cities), these have remained the same in the last 6 months. The average price for July is $175,261. During August the price had a slight fall till $158,439. During the following two months (September, October) the price has had an average incrementation from $166,850 to $177,948. 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 $190,557 they are 30 % more affordable than the average price for Houghton Lake. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $182,424.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $91 / sq.feet, with an average $132 / sq.feet price in Houghton Lake. The properties with the highest average prices have 1 bedroom. They are 23 % more expensive than the average followed by properties with 2 bedrooms with a price at $156 / sq.feet.

Price per property type

With regard to the average price based upon the property in Houghton Lake we can see that most expensive property type is "House" at a price of $191,289, they are 0 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 0 % more expensive than the average price aforementioned.

According to the average area price by sq.feet the most costly property type is "House with an average price of $143 / sq.feet. "House" at an average price of $143 / sq.feet has the most expensive price and would be directed at more affluent cities.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Houghton Lake
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