Property prices for sale in Michigan region

The average price in the Michigan region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.

$298,835.33
Average price last 6 months
$383.50
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Michigan has increased strongly in the last 6 months. During December, the average price per sq.feet was $130. The following month (January) the price had a considerable increase reaching $166 per sq.feet. In the following two months (February, March) the price per sq.feet has risen strongly to a 352 %. In the last two months, the price per sq.feet has had a significant increase of 144 %. This has been obtained by comparing the price of $334.5 for the first four months of the sample with regard to the previous 4 months and the price of $481.5 per sq.feet for the last two months (April, May).

Average price

Based upon to the price in Michigan(region), these have remained the same in the last 6 months. December has an average price of $292,438. During January the price had a slight deflation till $271,943. In the following two months the average price didn't change much compared to the previous two going from $282,190.5 to $286,395. During the last two months the price has had a considerable increase of 115 % with respect to the previous four months going from $284,292.75 a $327,920.5.

Average price per bedrooms

The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 43 % more affordable than the average price in Michigan followed by those with 2 with an average price of $172,037. The most costly properties have 4 bedrooms. They are 23 % more expensive than the average followed by those properties with 3 bedrooms priced at $227,484.

Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $135 / sq.feet being $163 / sq.feet the average value within the Michigan region. The properties with the most expensive average price are those with 1 bedroom. These are 18 % more costly than the average followed by those with 4 bedrooms with a price of $142 / sq.feet.

Price per property type

The graph displaying the average price according to the property type shows "Condo" as the most costly one. With an average cost of $263,490 it is 5 % more expensive than the average in Michigan. This is followed by "House" with a price of $312,653. The dearest property type is "Commercial" and is 84 % more expensive than the average, followed by "Townhouse" with a cost of $320,236.

Based on the average cost per sq.feet the cheapest property type is "House with a an average cost of $151 / sq.feet, followed by "Condo" with a price of $179 / sq.feet. "Commercial" with an average price of $1,418 / sq.feet is the most costly type of property followed by "Townhouse" at a price of $422 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in region Michigan
$263,490
$163
137,898
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
2 Bed, 2 Bath New Home Plan In Otsego, Mn
 49
2 Bed, 2 Bath New Home Plan In Otsego, Mn
$329,990
Otsego, Michigan - For Sale - House - 1,749 sq.feet - 2 bedrooms - 2 bathrooms
This to-be-built home is the bradford plan by d.R. Horton, and is located in the community of the ashwood express. This single family plan home is priced from...
3 Bed, 2 Bath New Home Plan In Otsego, Mn
 47
3 Bed, 2 Bath New Home Plan In Otsego, Mn
$334,990
Otsego, Michigan - For Sale - House - 1,866 sq.feet - 3 bedrooms - 2 bathrooms
This to-be-built home is the clayton plan by d.R. Horton, and is located in the community of the ashwood express. This single family plan home is priced from...
2 Bed, 2 Bath New Home Plan In Otsego, Mn
 28
2 Bed, 2 Bath New Home Plan In Otsego, Mn
$304,990
Otsego, Michigan - For Sale - House - 1,527 sq.feet - 2 bedrooms - 2 bathrooms
This to-be-built home is the us grant plan by d.R. Horton, and is located in the community of the ashwood express. This single family plan home is priced from...
3 Bed, 2 Bath New Home Plan In Napoleon, Mi
 40
3 Bed, 2 Bath New Home Plan In Napoleon, Mi
$212,110
Napoleon, Michigan - For Sale - House - 1,600 sq.feet - 3 bedrooms - 3 bathrooms
This to-be-built home is the villager plan by cve homes, and is located in the community of the brendan estates. This single family plan home is priced from...
3 Bed, 2 Bath New Home Plan In Spring Arbor, Mi
 35
3 Bed, 2 Bath New Home Plan In Spring Arbor, Mi
$228,760
Spring Arbor, Michigan - For Sale - House - 1,600 sq.feet - 3 bedrooms - 3 bathrooms
This to-be-built home is the villager plan by cve homes, and is located in the community of the fairfields of spring arbor. This single family plan home is...
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 20
Golfside Lake Apartments & Town Houses 2 Bedroom Condo For Rent At 2345 Woodridge Way, Yps...
$1,129
Ypsilanti, Michigan - For Rent - Condo - 962 sq.feet - 2 bedrooms - 1 bathroom
Golfside lake apartments, located in ypsilanti, michigan, is a pleasant blend... Michigan university and the university of michigan-ann arbor. For rest and recreation...
Golfside Lake Apartments & Town Houses 2 Bedroom Condo For Rent At 2345 Woodridge Way, Yps...
 20
Golfside Lake Apartments & Town Houses 2 Bedroom Condo For Rent At 2345 Woodridge Way, Yps...
$1,349
Ypsilanti, Michigan - For Rent - Condo - 1,088 sq.feet - 2 bedrooms - 1 bathroom
Golfside lake apartments, located in ypsilanti, michigan, is a pleasant blend... Michigan university and the university of michigan-ann arbor. For rest and recreation...
Schooner Bay Apartment Homes 2 Bedroom Apartment For Rent At 300 Timberhead Ln, Foster Cit...
 20
Schooner Bay Apartment Homes 2 Bedroom Apartment For Rent At 300 Timberhead Ln, Foster Cit...
$3,499
Foster City, Michigan - For Rent - Apartment - 1,108 sq.feet - 2 bedrooms - 2 bathrooms
Life in balance. Schooner bay apartments is the perfect blend of neighborhood living and bay area bustle in the heart of foster city. You'll be surrounded by...
Lantern Cove 1 Bedroom Apartment For Rent At 244 Rock Harbor Ln, Foster City, Ca 94404 Nei...
 20
Lantern Cove 1 Bedroom Apartment For Rent At 244 Rock Harbor Ln, Foster City, Ca 94404 Nei...
$3,085
Foster City, Michigan - For Rent - Apartment - 748 sq.feet - 1 bedroom - 1 bathroom
At lantern cove apartments in ca, you will enjoy the convenience of metropolitan living in a scenic neighborhood. Lantern cove's central location is ideal for...
Schooner Bay Apartment Homes 2 Bedroom Apartment For Rent At 300 Timberhead Ln, Foster Cit...
 20
Schooner Bay Apartment Homes 2 Bedroom Apartment For Rent At 300 Timberhead Ln, Foster Cit...
$3,951
Foster City, Michigan - For Rent - Apartment - 1,282 sq.feet - 2 bedrooms - 2 bathrooms
Life in balance. Schooner bay apartments is the perfect blend of neighborhood living and bay area bustle in the heart of foster city. You'll be surrounded by...