Is Sanilac County, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sanilac County is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Sanilac County was a Seller's Market.

Key Takeaway

Sanilac County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Sanilac County, MI

How much do homes in Sanilac County, MI cost?

Median Sold Price

$186,333

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,833(+13.3%)

Key Takeaway

Homes in Sanilac County have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in Sanilac County was $186,333 in November 2024, up 13.3% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $180K$132K
-26.7%
2 $132.3K$149.9K
+13.3%
3 $164.5K$182K
+10.6%
4 $220K$238.5K
+8.4%
5+ $212.4K$280K
+31.8%

Summary: Sanilac County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.7%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 31.8%.

Median Sold Price Compared To Nearby Counties

Sanilac County
+13.3%
Tuscola County
+5.3%
Saint Clair County
+4.9%

Housing Supply in Sanilac County, MI

How many homes are available in Sanilac County, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
177162-8.5%

Summary: The Sanilac County real estate market had 162 homes for sale in November 2024, a 8.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 4137
-9.8%
3 8073
-8.8%
4 3838
0.0%
5+ 1510
-33.3%

Summary: The Sanilac County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 9.8%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3627-25.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sanilac County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Sanilac County in November 2024, down by 25.0% month-over-month. Of the 27 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.

Days on Market for Sanilac County, MI

How long does it take to sell a home in Sanilac County, MI?

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days66 Days+44.9%

Summary: Homes in Sanilac County had an average of 66 days on market in Nov 2024, up by 44.9% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 27 homes were sold in Sanilac County; 41% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% 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 21 Days Ago

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