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 seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Sanilac County, MI cost?

Median Sold Price

$170,250

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$18,713(+12.3%)

Key Takeaway

Homes in Sanilac County have sold for 12.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $110K$88.7K
-19.3%
2 $118.2K$157.5K
+33.2%
3 $148.9K$175K
+17.5%
4 $188K$233.5K
+24.2%
5+ $317K$389K
+22.7%

Median Sold Price Compared To Nearby Counties

Sanilac County
+12.3%
Huron County
+9.1%
Lapeer County
+5.9%
Tuscola County
+5.3%
Saint Clair County
+2.3%

How many homes are available in Sanilac County, MI?

Number of Homes For Sale

Aug 2022Sep 2022%
183184+0.5%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 32
-33.3%
2 3432
-5.9%
3 9898
0.0%
4 3534
-2.9%
5+ 1318
+38.5%

Number of Homes Sold

Aug 2022Sep 2022%
3442+23.5%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

9 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. 61.9% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
29 Days41 Days+43.3%

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

5 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.

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

About Sanilac County, MI

Sanilac County, MI has 184 homes for sale to choose from. The number of listings in Sanilac County, MI increased by 0.5% between August 2022 and September 2022. In September 2022, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $170,250. Listing prices have changed in this real estate market between August 2022 and September 2022: prices of 1 bedroom properties decreased by 19.3%, prices of 2 bedrooms properties increased by 33.2%, 3 bedrooms properties became 17.5% more expensive, 4 bedrooms properties prices increased by 24.2%, 5 bedrooms properties prices increased by 22.7%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went down by 33.3%, 2 bedrooms homes inventory decreased by 5.9%, 3 bedrooms homes inventory did not change, 4 bedrooms homes inventory decreased by 2.9%, the quantity of 5 bedrooms homes went up by 38.5%. In September 2022 more than 9 listings in Sanilac County, MI were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 26 were sold below.

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