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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Clair Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Saint Clair Township, MI

How much do homes in Saint Clair Township, MI cost?

Median Sold Price

$329,000

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$45,950(-12.3%)

Key Takeaway

Homes in Saint Clair Township have sold for 12.3% less than they did a year ago.

Summary: The median home sold price in Saint Clair Township was $329,000 in October 2024, down 12.3% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $298.5K$230K
-22.9%
3 $312.5K$335K
+7.2%
4 $515K$390K
-24.3%
5+ $473K$630K
+33.2%

Summary: Saint Clair Township 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 22.9%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 24.3%, and 5+ bedroom homes increased by 33.2%.

Median Sold Price Compared To Nearby Cities

East China
+12.7%
China Township
+10.8%
Marysville
+2.9%
Saint Clair
-5.2%
Saint Clair Township
-12.3%

Housing Supply in Saint Clair Township, MI

How many homes are available in Saint Clair Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2725-7.4%

Summary: The Saint Clair Township real estate market had 25 homes for sale in October 2024, a 7.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1817
-5.6%
4 44
0.0%
5+ 20
-100.0%

Summary: The Saint Clair Township 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 decreased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Clair Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Saint Clair Township in October 2024, up by 25.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.

Days on Market for Saint Clair Township, MI

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

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days21 Days-36.8%

Summary: Homes in Saint Clair Township had an average of 21 days on market in Oct 2024, down by 36.8% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in Saint Clair Township; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Saint Clair Township, MI

Nearby Markets to Saint Clair Township, MI

What housing markets are near Saint Clair Township, MI?