Property prices for sale in Newport (Michigan)

The prices in real estate in Newport, 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 Newport has increased during the last 6 months. In November, the average price per sq.feet was $90. In the following month the price per sq.feet increased considerably to $115. In the following two months the price per sq.feet has increased 112 %, going from $102.5 to $115 per sq.feet. The price per sq.feet has had a considerable deflation of 69 % 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 $108.75 to $75 during March, and April.

Average price

Based upon to the price in Newport (cities), this has gone up considerably in the last 6 months. The price in November is $142,104, rising in December till $154,837. During the following two months (January, February) the average price had a considerable increase of 155 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $189,183.75 to $126,879, which means a 67 % fall.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 76 % cheaper than the average price of $30,636 in Newport. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 76 % more affordable than the average aforementioned.

Price per property type

The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $127,592 it is 76 % cheaper than the average price in Newport. "House" is seen as the second most affordable property type. The dearest property type is "Commercial Property" followed by "House". At a price of $40,737 it is 34 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $61 / sq.feet followed by "House" priced at $102 / sq.feet. "House" is the most costly type of property with a $102 / sq.feet cost followed by "Commercial Property" with an average price of $61 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Newport
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