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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Jean is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Saint Jean has remained a Buyer's Market.

Key Takeaway

Saint Jean is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Saint Jean, MI

How much do homes in Saint Jean, MI cost?

Median Sold Price

$12,500

$8/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$6,000(+92.3%)

Key Takeaway

Homes in Saint Jean have sold for 92.3% more than they did a month ago.

Summary: The median home sold price in Saint Jean was $12,500 in November 2024, up 92.3% from last month, and the median price per square foot was $8.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $6.5K$12.5K
+92.3%
4 --
N/A
5+ --
N/A

Summary: Saint Jean housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 92.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Foch
+120.2%
Saint Jean
+92.3%
Kettering
+6.2%

Housing Supply in Saint Jean, MI

How many homes are available in Saint Jean, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2124+14.3%

Summary: The Saint Jean real estate market had 24 homes for sale in November 2024, a 14.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 812
+50.0%
4 65
-16.7%
5+ 44
0.0%

Summary: The Saint Jean housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

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 Jean, 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 Jean in November 2024, up by 200.0% 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 Jean, MI

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

Average Sale Time

Oct 2024Nov 2024CHANGE
103 Days42 Days-59.2%

Summary: Homes in Saint Jean had an average of 42 days on market in Nov 2024, down by 59.2% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 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 Jean are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Saint Jean; 67% of homes were sold within 30 days, 0% 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 22 Days Ago

Newest Listings in Saint Jean, MI

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