Is Sanilac County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
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.
Housing Prices in Sanilac County, MI
How much do homes in Sanilac County, MI cost?
Median Sold Price
$180,000
$127/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since June 2023.
Key Takeaway
The sold price of homes in Sanilac County has remained the same since last year.
Summary: The median home sold price in Sanilac County was $180,000 in June 2024, the same as last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $104K | $180K | +73.1% |
| 2 Bedrooms | $138.5K | $137K | -1.1% |
| 3 Bedrooms | $179.9K | $182K | +1.1% |
| 4 Bedrooms | $210K | $217.2K | +3.5% |
| 5+ Bedrooms | $282K | $219K | -22.3% |
Summary: Sanilac County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 73.1%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 22.3%.
Median Sold Price Compared To Nearby Counties
| Saint Clair County | $206.7K | $217.5K | +5.2% |
| Tuscola County | $165K | $170K | +3.0% |
| Sanilac County | $180K | $180K | 0.0% |
| Huron County | $175.3K | $158.5K | -9.6% |
Housing Supply in Sanilac County, MI
How many homes are available in Sanilac County, MI?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 99 | 109 | +10.1% |
Summary: The Sanilac County real estate market had 109 homes for sale in June 2024, a 10.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 19 | 17 | -10.5% |
| 3 Bedrooms | 55 | 60 | +9.1% |
| 4 Bedrooms | 16 | 22 | +37.5% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Sanilac County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 16 | 25 | +56.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sanilac County, you may be able to get a good deal. 56% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Sanilac County in June 2024, up by 56.3% month-over-month. Of the 25 sold homes, 56% were sold under asking, 20% were sold at asking, and 24% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 53 Days | 56 Days | +6.4% |
Summary: Homes in Sanilac County had an average of 56 days on market in Jun 2024, up by 6.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sanilac County are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 25 homes were sold in Sanilac County; 52% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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