Is Saint Charles, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Saint Charles was a Buyer's Market.
Key Takeaway
Saint Charles is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Charles, MI
How much do homes in Saint Charles, MI cost?
Median Sold Price
$270,000
$118/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Saint Charles have sold for 5.3% less than they did a month ago.
Summary: The median home sold price in Saint Charles was $270,000 in May 2024, down 5.3% from last month, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $310K | N/A |
| 4 Bedrooms | $285K | $147.4K | -48.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Saint Charles housing prices by bedroom type for May 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 did not change, 4 bedroom homes decreased by 48.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Saint Charles | $285K | $270K | -5.3% |
| Saint Charles Township | $285K | $237.4K | -16.7% |
| Brant Township | $475.3K | $130K | -72.7% |
Housing Supply in Saint Charles, MI
How many homes are available in Saint Charles, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Summary: The Saint Charles real estate market had 9 homes for sale in May 2024, a 28.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Saint Charles housing inventory by bedroom type for May 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 75%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Charles, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Saint Charles in May 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Saint Charles, MI
How long does it take to sell a home in Saint Charles, MI?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 Days | 17 Days | +122.5% |
Summary: Homes in Saint Charles had an average of 17 days on market in May 2024, up by 122.5% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Charles are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Saint Charles; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
