Property prices for sale in Marquette (Michigan)

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

$466,948.67
Average price last 6 months
$1,023.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Marquette has increased strongly during the last 6 months. In July, the average price per sq.feet was $237. In the following month the price per sq.feet increased considerably to $273. The price for the following two months in (September, October) had a considerable increment of 340 %. The price per sq.feet has had a considerable increase of 348 % 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 $560.5 to $1,949.5 during November, and December.

Average price

Based upon to the price in Marquette (cities), this has gone up in the last 6 months. The price in July is $436,822, rising in August till $486,072. In the following two months the average price has remained the same with regard to the previous two months from $461,447 to $447,685.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 $502,796 they are 68 % more affordable than the average price for Marquette. The properties with the lowest average price have 4 bedrooms, Their price is 27 % cheaper than the average. After that we have properties with 2 bedrooms priced at $306,909.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $150 / sq.feet, with an average $976 / sq.feet price in Marquette. The properties with the lowest average prices have 2 bedrooms. They are 78 % cheaper than the average followed by properties with 3 bedrooms with a price at $174 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $502,796 it is 66 % cheaper than the average price in Marquette. "Apartment" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "Land". At a price of $2,494,687 it is 923 % 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 $134 / sq.feet followed by "House" priced at $455 / sq.feet. "Land" is the most costly type of property with a $1,468 / sq.feet cost followed by "Duplex" with an average price of $1,159 / sq.feet.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Marquette
Number of properties used in region Michigan
$502,796
$976
526
216,824
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value