Is Saint Johns, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Saint Johns has remained a Seller's Market.
Key Takeaway
Saint Johns is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Johns, MI
How much do homes in Saint Johns, MI cost?
Median Sold Price
$210,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Saint Johns have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Saint Johns was $210,000 in May 2024, up 2.4% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $128.7K | +134.1% |
| 2 Bedrooms | $150K | $170K | +13.3% |
| 3 Bedrooms | $202K | $215K | +6.4% |
| 4 Bedrooms | $221K | $245K | +10.9% |
| 5+ Bedrooms | $293.5K | $228.5K | -22.1% |
Summary: Saint Johns housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 134.1%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 22.1%.
Median Sold Price Compared To Nearby Cities
| Bingham Township | $317K | $380K | +19.9% |
| Saint Johns | $205K | $210K | +2.4% |
Housing Supply in Saint Johns, MI
How many homes are available in Saint Johns, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 33 | +57.1% |
Summary: The Saint Johns real estate market had 33 homes for sale in May 2024, a 57.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 4 | 10 | +150.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Saint Johns housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 10 | +233.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Johns, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Saint Johns in May 2024, up by 233.3% month-over-month. Of the 10 sold homes, 20% were sold under asking, 10% were sold at asking, and 70% were sold over asking.
Days on Market for Saint Johns, MI
How long does it take to sell a home in Saint Johns, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 11 Days | 13 Days | +20.9% |
Summary: Homes in Saint Johns had an average of 13 days on market in May 2024, up by 20.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Johns are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 10 homes were sold in Saint Johns; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.