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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Clair is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Saint Clair was a Neutral Market.

Key Takeaway

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

Housing Prices in Saint Clair, MI

How much do homes in Saint Clair, MI cost?

Median Sold Price

$237,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$12,900(-5.2%)

Key Takeaway

Homes in Saint Clair have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in Saint Clair was $237,000 in October 2024, down 5.2% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $280K$182K
-35.0%
3 $242K$215.9K
-10.8%
4 $70K$307.5K
+339.3%
5+ $455K$960K
+111.0%

Summary: Saint Clair 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 35%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 339.3%, and 5+ bedroom homes increased by 111%.

Median Sold Price Compared To Nearby Cities

East China
+12.7%
Saint Clair
-5.2%
Saint Clair Township
-12.3%

Housing Supply in Saint Clair, MI

How many homes are available in Saint Clair, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2225+13.6%

Summary: The Saint Clair real estate market had 25 homes for sale in October 2024, a 13.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 74
-42.9%
3 610
+66.7%
4 67
+16.7%
5+ 22
0.0%

Summary: The Saint Clair housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Clair, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Saint Clair in October 2024, down by 30.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Saint Clair, MI

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

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days33 Days+40.5%

Summary: Homes in Saint Clair had an average of 33 days on market in Oct 2024, up by 40.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Saint Clair; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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 16 Days Ago

Newest Listings in Saint Clair, MI

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