Is Saint Louis, 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 Louis was a Seller's Market.
Housing Prices in Saint Louis, MI
How much do homes in Saint Louis, MI cost?
Median Sold Price
$141,950
$101/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Saint Louis was $141,950 in May 2024, up 10.9% from last month, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $121.5K | - | N/A |
3 Bedrooms | $122K | $139K | +13.9% |
4 Bedrooms | $195K | $144.9K | -25.7% |
5+ Bedrooms | - | - | N/A |
Summary: Saint Louis 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 increased by 13.9%, 4 bedroom homes decreased by 25.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Pine River Township | $28.9K | $196.2K | +579.1% |
Saint Louis | $128K | $141.9K | +10.9% |
Housing Supply in Saint Louis, MI
How many homes are available in Saint Louis, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 17 | -15.0% |
Summary: The Saint Louis real estate market had 17 homes for sale in May 2024, a 15.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Saint Louis housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Saint Louis in May 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Saint Louis, MI
How long does it take to sell a home in Saint Louis, MI?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
70 Days | 36 Days | -49.2% |
Summary: Homes in Saint Louis had an average of 36 days on market in May 2024, down by 49.2% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Saint Louis; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.