$889 Closing Credit*
$74,900
2,214 SqFt
5 Beds
•2 Full Baths
#50161380, Dee Patsalis, Listing Office: Sine & Monaghan Realtors LLC St Clair
Is Marine City, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Marine City has remained a Buyer's Market.
Key Takeaway
Marine City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Marine City, MI
How much do homes in Marine City, MI cost?
Median Sold Price
$179,900
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,400(+9.4%)
Key Takeaway
Homes in Marine City have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Marine City was $179,900 in October 2024, up 9.4% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $93.5K | $110K | +17.6% |
| 2 Bedrooms | $182.4K | $203.7K | +11.6% |
| 3 Bedrooms | $175.5K | $169.9K | -3.2% |
| 4 Bedrooms | $148K | $258K | +74.3% |
| 5+ Bedrooms | $265K | $295K | +11.3% |
Summary: Marine City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.6%, 2 bedroom homes increased by 11.6%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 74.3%, and 5+ bedroom homes increased by 11.3%.
Median Sold Price Compared To Nearby Cities
| East China | $335K | $377.5K | +12.7% |
| China Township | $370K | $410K | +10.8% |
| Marine City | $164.5K | $179.9K | +9.4% |
Housing Supply in Marine City, MI
How many homes are available in Marine City, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Summary: The Marine City real estate market had 27 homes for sale in October 2024, a 17.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Marine City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marine City, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Marine City in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Marine City, MI
How long does it take to sell a home in Marine City, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 56 Days | +522.2% |
Summary: Homes in Marine City had an average of 56 days on market in Oct 2024, up by 522.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Marine City has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Marine City; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.