Is Saint Clair County, 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 Clair County has remained a Seller's Market.
Key Takeaway
Saint Clair County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Clair County, MI
How much do homes in Saint Clair County, MI cost?
Median Sold Price
$220,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Saint Clair County have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Saint Clair County was $220,000 in May 2024, up 8.5% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87K | $52.5K | -39.7% |
| 2 Bedrooms | $146.5K | $152K | +3.8% |
| 3 Bedrooms | $209.9K | $230K | +9.5% |
| 4 Bedrooms | $275.5K | $288K | +4.5% |
| 5+ Bedrooms | $367.5K | $265K | -27.9% |
Summary: Saint Clair County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.7%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 27.9%.
Median Sold Price Compared To Nearby Counties
| Saint Clair County | $202.8K | $220K | +8.5% |
| Lapeer County | $253K | $271.4K | +7.3% |
| Macomb County | $229.2K | $240.2K | +4.8% |
| Sanilac County | $175K | $180K | +2.9% |
Housing Supply in Saint Clair County, MI
How many homes are available in Saint Clair County, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 450 | 525 | +16.7% |
Summary: The Saint Clair County real estate market had 525 homes for sale in May 2024, a 16.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 59 | 74 | +25.4% |
| 3 Bedrooms | 266 | 301 | +13.2% |
| 4 Bedrooms | 92 | 116 | +26.1% |
| 5+ Bedrooms | 28 | 28 | 0.0% |
Summary: The Saint Clair County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 25.4%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 112 | 136 | +21.4% |
Asking Price vs. Sold Price
60 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
57 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Clair County, you may be able to get a good deal. 44.1% of homes here sold below asking price last month.
Summary: A total of 136 homes were sold or pending in Saint Clair County in May 2024, up by 21.4% month-over-month. Of the 136 sold homes, 44% were sold under asking, 14% were sold at asking, and 42% were sold over asking.
Days on Market for Saint Clair County, MI
How long does it take to sell a home in Saint Clair County, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 44 Days | 37 Days | -14.8% |
Summary: Homes in Saint Clair County had an average of 37 days on market in May 2024, down by 14.8% compared to last year.
Breakdown of Home Sale Times
94 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Clair County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 136 homes were sold in Saint Clair County; 69% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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