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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Clair Township is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Saint Clair Township was a Seller's Market.

Key Takeaway

Saint Clair Township 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 Saint Clair Township, MI

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

Median Sold Price

$374,950

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$74,950(+25.0%)

Key Takeaway

Homes in Saint Clair Township have sold for 25% more than they did a year ago.

Summary: The median home sold price in Saint Clair Township was $374,950 in March 2024, up 25% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $40K-
N/A
2 $235.9K$345K
+46.2%
3 $290K$310K
+6.9%
4 $425K$400K
-5.9%
5+ $411K$535K
+30.2%

Summary: Saint Clair Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 30.2%.

Median Sold Price Compared To Nearby Cities

Saint Clair Township
+25.0%
Marysville
+7.5%
East China
+0.8%
China Township
-17.6%

Housing Supply in Saint Clair Township, MI

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

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1013+30.0%

Summary: The Saint Clair Township real estate market had 13 homes for sale in March 2024, a 30.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 69
+50.0%
4 32
-33.3%
5+ 01
+100.0%

Summary: The Saint Clair Township housing inventory by bedroom type for March 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 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 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 Clair Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Saint Clair Township in March 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Saint Clair Township, MI

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

Average Sale Time

Mar 2023Mar 2024CHANGE
84 Days140 Days+66.7%

Summary: Homes in Saint Clair Township had an average of 140 days on market in Mar 2024, up by 66.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Saint Clair Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 2 homes were sold in Saint Clair Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 23 Days Ago

Newest Listings in Saint Clair Township, MI

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