Is Saint Charles, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Charles is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Saint Charles has remained a Seller's Market.

Key Takeaway

Saint Charles is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Saint Charles, MI

How much do homes in Saint Charles, MI cost?

Median Sold Price

$170,000

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$73,550(+76.3%)

Key Takeaway

Homes in Saint Charles have sold for 76.3% more than they did a year ago.

Summary: The median home sold price in Saint Charles was $170,000 in October 2024, up 76.3% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $88.9K$40.7K
-54.2%
3 $110.5K$177.5K
+60.6%
4 $170K$187.4K
+10.3%
5+ -$214K
N/A

Summary: Saint Charles housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 54.2%, 3 bedroom homes increased by 60.6%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Saint Charles
+76.3%
Brant Township
+59.2%
Saint Charles Township
+48.1%
Swan Creek Township
+14.8%

Housing Supply in Saint Charles, MI

How many homes are available in Saint Charles, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
412+200.0%

Summary: The Saint Charles real estate market had 12 homes for sale in October 2024, a 200.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 35
+66.7%
4 03
+100.0%
5+ 01
+100.0%

Summary: The Saint Charles 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 200%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Charles, 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 Saint Charles in October 2024, up by 100.0% month-over-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 Saint Charles, MI

How long does it take to sell a home in Saint Charles, MI?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days71 Days+343.8%

Summary: Homes in Saint Charles had an average of 71 days on market in Oct 2024, up by 343.8% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saint Charles are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Saint Charles; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Saint Charles, MI

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