$2,316 Closing Credit*
$195,000
1,350 SqFt
3 Beds
•1 Full Bath, 1 Partial
#50160484, Bryan Gron, Listing Office: Realteam Real Estate
Is Port Sanilac, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Port Sanilac has remained a Seller's Market.
Key Takeaway
Port Sanilac is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Port Sanilac, MI
How much do homes in Port Sanilac, MI cost?
Median Sold Price
$157,000
$148/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$10,000(+6.8%)
Key Takeaway
Homes in Port Sanilac have sold for 6.8% more than they did a month ago.
Summary: The median home sold price in Port Sanilac was $157,000 in October 2024, up 6.8% from last month, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $140K | $143.5K | +2.5% |
| 3 Bedrooms | $147K | $1.2M | +771.1% |
| 4 Bedrooms | $425K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Port Sanilac housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 771.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Sanilac Township | $147K | $260K | +76.9% |
| Port Sanilac | $147K | $157K | +6.8% |
Housing Supply in Port Sanilac, MI
How many homes are available in Port Sanilac, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Port Sanilac real estate market had 13 homes for sale in October 2024, a 8.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Port Sanilac 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 25%, 4 bedroom homes decreased by 20%, 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
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Port Sanilac, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Port Sanilac in October 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Port Sanilac, MI
How long does it take to sell a home in Port Sanilac, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 85 Days | +211.0% |
Summary: Homes in Port Sanilac had an average of 85 days on market in Oct 2024, up by 211% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Port Sanilac are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Port Sanilac; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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.