Property prices for sale in Okemos (Michigan)

The prices in real estate in Okemos, in the Michigan region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$484,907.33
Average price last 6 months
$149.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Okemos has fallen in the last 6 months. In October, the average price per sq.feet was $161. In the following month the price per sq.feet decreased to $142. The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. The price per sq.feet has increased 110 % 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 $144.5 to $159 during February, and March.

Average price

Based upon to the price in Okemos (cities), this has gone downing the last 6 months. The average price for October is $539,419. During November the price had a slight fall till $480,530. During the following two months (December, January) the average price fell 87 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $487,638 they are 79 % more affordable than the average price for Okemos. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 1 bedroom priced at $470,667.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $63 / sq.feet, with an average $161 / sq.feet price in Okemos. The properties with the highest average prices have 1 bedroom. They are 65 % more expensive than the average followed by properties with 4 bedrooms with a price at $180 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $487,638 it is 58 % cheaper than the average price in Okemos. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $342,962 it is 12 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $142 / sq.feet followed by "Condo" priced at $143 / sq.feet. "Land" is the most costly type of property with a $205,217 / sq.feet cost followed by "House" with an average price of $159 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Okemos
Number of properties used in region Michigan
$487,638
$161
1,232
545,964
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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