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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Clair County is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

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

Median Sold Price

$204,663

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$4,663(+2.3%)

Key Takeaway

Homes in Saint Clair County have sold for 2.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $95.9K$94.9K
-1.0%
2 $129.9K$145K
+11.6%
3 $200.1K$215.2K
+7.6%
4 $263.9K$272.3K
+3.2%
5+ $311K$325K
+4.5%

Median Sold Price Compared To Nearby Counties

Sanilac County
+12.3%
Macomb County
+8.9%
Lapeer County
+5.9%
Saint Clair County
+2.3%

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

Number of Homes For Sale

Aug 2022Sep 2022%
668698+4.5%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 57
+40.0%
2 123126
+2.4%
3 354363
+2.5%
4 150160
+6.7%
5+ 3642
+16.7%

Number of Homes Sold

Aug 2022Sep 2022%
169180+6.5%

Asking Price vs. Sold Price

85 Homes Were Sold
Under Asking

37 Homes Were Sold
At Asking

58 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Clair County, you may be able to get a good deal. 47.2% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
25 Days37 Days+43.3%

Breakdown of Home Sale Times

116 Homes Were Sold
Under 30 Days

52 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Saint Clair County, MI

Number of homes for sale in Saint Clair County, MI real estate market have reached 698. The inventory of homes for sale in Saint Clair County, MI between August 2022 and September 2022 increased by 4.5%. The median list price of listings available in September 2022 was $204,663, while the average time on the real estate market was 37 days. From August 2022 through September 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went down by 1%, prices of 2 bedrooms properties went up by 11.6%, prices of 3 bedrooms properties increased by 7.6%, the cost of 4 bedrooms properties went up by 3.2%, prices of 5 bedrooms properties increased by 4.5%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory increased by 40%, volume of 2 bedrooms homes went up by 2.4%, number of 3 bedrooms homes increased by 2.5%, volume of 4 bedrooms homes went up by 6.7%, 5 bedrooms homes inventory increased by 16.7%. While more than 58 listings in Saint Clair County, MI in September 2022 were sold above asking price, there were more than 37 listings sold at asking price, and more than 85 were sold below.

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