Property prices for sale in Michigan region

The average price in the Michigan region has had a strong decrease in recent months. There has been a strong deflation in the prices in this region.

$294,903.17
Average price last 6 months
$262.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Michigan has risen considerably in the last 6 months. During April, the average price per sq.feet was $800. The following month (May) the price had a considerable deflation reaching $163 per sq.feet. The following two months (June, July) went through a considerable deflation of 32 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant decrease of 48 %. This has been obtained by comparing the price of $317.75 for the first four months of the sample with regard to the previous 4 months and the price of $152.5 per sq.feet for the last two months (August, September).

Average price

Based upon to the price in Michigan(region), this has decreased considerably in the last 6 months. April has an average price of $392,351. During May the price had a strong deflation till $263,490. The average price for the following two months (June, July) decreased 90 % compared to the prior two. During the last two months the price has had a considerable reduction of 84 % with respect to the previous four months going from $311,859.25 a $260,991.

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 $178,692. The most costly properties have 4 bedrooms. They are 33 % more expensive than the average followed by those properties with 3 bedrooms priced at $226,855.

Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $133 / sq.feet being $159 / sq.feet the average value within the Michigan region. The properties with the cheapest average price are those with 4 bedrooms. These are 9 % lower than the average followed by those with 1 bedroom with a price of $139 / sq.feet.

Price per property type

The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $258,996 it is 70 % more affordable than the average in Michigan. This is followed by "House" with a price of $306,420. The dearest property type is "Commercial" and is 189 % more expensive than the average, followed by "Townhouse" with a cost of $318,955.

Based on the average cost per sq.feet the cheapest property type is "House with a an average cost of $153 / sq.feet, followed by "Commercial" with a price of $166 / sq.feet. "Townhouse" with an average price of $418 / sq.feet is the most costly type of property followed by "Land" at a price of $245 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in region Michigan
$258,996
$159
293,144
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In South Lyon, Mi. 3 Bed, 2 Bath
 44
Brand New Home In South Lyon, Mi. 3 Bed, 2 Bath
$422,565
South Lyon, Michigan - For Sale - House - 2,558 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the newberry plan by pulte homes, and is located in the community of the estates at hutsfield at 58896 calabrese...
Brand New Home In Otsego, Mn. 5 Bed, 4 Bath
 46
Brand New Home In Otsego, Mn. 5 Bed, 4 Bath
$474,990
Otsego, Michigan - For Sale - House - 3,552 sq.feet - 5 bedrooms - 4 bathrooms
This new construction, quick delivery home is the lewis ei plan by lennar, and is located in the community of the martin farms - discovery collection at 7132...
Brand New Home In Ann Arbor, Mi. 5 Bed, 3 Bath
 32
Brand New Home In Ann Arbor, Mi. 5 Bed, 3 Bath
$599,990
Ann Arbor, Michigan - For Sale - House - 2,993 sq.feet - 5 bedrooms - 3 bathrooms
This new construction, quick delivery home is the everett plan by pulte homes, and is located in the community of the north sky at 2871 dillon drive, ann...
3 Bed, 2 Bath New Home Plan In Vicksburg, Mi
 17
3 Bed, 2 Bath New Home Plan In Vicksburg, Mi
$193,900
Vicksburg, Michigan - For Sale - House - 1,459 sq.feet - 3 bedrooms - 2 bathrooms
This to-be-built home is the integrity 1460 plan by allen edwin homes, and is located in the community of the centennial north. This single family plan home is...
3 Bed, 2 Bath New Home Plan In Vicksburg, Mi
 33
3 Bed, 2 Bath New Home Plan In Vicksburg, Mi
$214,900
Vicksburg, Michigan - For Sale - House - 1,576 sq.feet - 3 bedrooms - 3 bathrooms
This to-be-built home is the integrity 1560 plan by allen edwin homes, and is located in the community of the centennial north. This single family plan home is...
Village Club Of Farmington Hills Apartments 1 Bedroom Apartment For Rent At 39365 Village ...
 20
Village Club Of Farmington Hills Apartments 1 Bedroom Apartment For Rent At 39365 Village ...
$1,060
Farmington, Michigan - For Rent - Apartment - 850 sq.feet - 1 bedroom - 1 bathroom
Home of the resort style living! Village club of farmington hills captures the essence of luxury living with its spacious one and two bedroom apartments....
Village Club Of Farmington Hills Apartments 2 Bedroom Apartment For Rent At 39365 Village ...
 20
Village Club Of Farmington Hills Apartments 2 Bedroom Apartment For Rent At 39365 Village ...
$1,380
Farmington, Michigan - For Rent - Apartment - 1,075 sq.feet - 2 bedrooms - 1 bathroom
Home of the resort style living! Village club of farmington hills captures the essence of luxury living with its spacious one and two bedroom apartments....
Village Club On Franklin Apartments 1 Bedroom Apartment For Rent At 27525 Franklin Rd, Sou...
 20
Village Club On Franklin Apartments 1 Bedroom Apartment For Rent At 27525 Franklin Rd, Sou...
$1,200
Southfield, Michigan - For Rent - Apartment - 800 sq.feet - 1 bedroom - 1 bathroom
Relax in your spacious apartment, take a dip in the radiant pool, play a game of volleyball, or work out in the 24-hour fitness center. Village club on...
Abbott Pointe 1 Bedroom Apartment For Rent At 204 East Pointe Lane, East Lansing, Mi 48823
 18
Abbott Pointe 1 Bedroom Apartment For Rent At 204 East Pointe Lane, East Lansing, Mi 48823
$850$930
East Lansing, Michigan - For Rent - Apartment - 560 sq.feet - 1 bedroom - 1 bathroom
Abbott pointe apartments near michigan state university feature partially... With dtn perks close to michigan state university we proudly serve free starbucks...
Abbott Pointe 2 Bedroom Apartment For Rent At 204 East Pointe Lane, East Lansing, Mi 48823
 18
Abbott Pointe 2 Bedroom Apartment For Rent At 204 East Pointe Lane, East Lansing, Mi 48823
$378
East Lansing, Michigan - For Rent - Apartment - 900 sq.feet - 2 bedrooms - 1 bathroom
Abbott pointe apartments near michigan state university feature partially... With dtn perks close to michigan state university we proudly serve free starbucks...