$5,225 Closing Credit*
$440,000
1,600 SqFt
2 Beds
•2 Full Baths
Elena A Oelke, Listing Office: Prestige Properties and Professionals Southwest Michigan R.E.
Is Saint Joseph, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Saint Joseph has remained a Seller's Market.
Key Takeaway
Saint Joseph is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Joseph, MI
How much do homes in Saint Joseph, MI cost?
Median Sold Price
$309,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$14,000(+4.7%)
Key Takeaway
Homes in Saint Joseph have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Saint Joseph was $309,000 in December 2024, up 4.7% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170.5K | $159.5K | -6.5% |
| 2 Bedrooms | $249.9K | $260K | +4.0% |
| 3 Bedrooms | $290K | $309K | +6.6% |
| 4 Bedrooms | $362.7K | $415K | +14.4% |
| 5+ Bedrooms | $438.2K | $745K | +70.0% |
Summary: Saint Joseph housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.5%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 70%.
Median Sold Price Compared To Nearby Cities
| Benton Harbor | $156K | $180K | +15.4% |
| Saint Joseph Charter Township | $265K | $279.4K | +5.5% |
| Saint Joseph | $295K | $309K | +4.7% |
Housing Supply in Saint Joseph, MI
How many homes are available in Saint Joseph, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 48 | 42 | -12.5% |
Summary: The Saint Joseph real estate market had 42 homes for sale in December 2024, a 12.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 13 | -13.3% |
| 3 Bedrooms | 24 | 19 | -20.8% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Saint Joseph housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Joseph, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Saint Joseph in December 2024, down by 27.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.
Days on Market for Saint Joseph, MI
How long does it take to sell a home in Saint Joseph, MI?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 35 Days | 72 Days | +101.4% |
Summary: Homes in Saint Joseph had an average of 72 days on market in Dec 2024, up by 101.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Saint Joseph has remained consistent over time.
Summary: During December 2024, 8 homes were sold in Saint Joseph; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
