Property prices for sale in Lincoln Park (Michigan)
The prices in real estate in Lincoln Park, in the Michigan region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Lincoln Park has remained the same in the last 6 months. In October, the average price per sq.feet was $138. In November this price pretty much remained the same at a value of $140 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $139 to $135 per sq.feet. The price per sq.feet has increased 105 % 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 $137 to $144 during February, and March.
Based upon to the price in Lincoln Park (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $153,804. In November This price remains at $150,571. In the following two months the average price has remained the same with regard to the previous two months from $152,187.5 to $154,610.5. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $164,117 they are 35 % more affordable than the average price for Lincoln Park. The properties with the highest average price have 4 bedrooms, Their price is 522 % more costly than the average. After that we have properties with 3 bedrooms priced at $165,208.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $101 / sq.feet, with an average $145 / sq.feet price in Lincoln Park. The properties with the highest average prices have 4 bedrooms. They are 279 % more expensive than the average followed by properties with 2 bedrooms with a price at $159 / sq.feet.
The graph displaying the average prices displays the property type "Multi Family House" as the most affordable one. At an cost of $164,117 it is 67 % cheaper than the average price in Lincoln Park. "" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $161,526 it is 97 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Multi Family House" at an average cost of $65 / sq.feet followed by "Commercial" priced at $112 / sq.feet. "Detached House" is the most costly type of property with a $722 / sq.feet cost followed by "House" with an average price of $144 / sq.feet.
