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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Johns is a neutral's market

Buyer's
Market

Difference Since April 2023

Since last year, Saint Johns has remained a Neutral Market.

Key Takeaway

Saint Johns 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 Johns, MI

How much do homes in Saint Johns, MI cost?

Median Sold Price

$215,000

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$22,550(+11.7%)

Key Takeaway

Homes in Saint Johns have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in Saint Johns was $215,000 in April 2024, up 11.7% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $55K$102.5K
+86.4%
2 $140K$170K
+21.4%
3 $199K$215K
+8.0%
4 $215K$245K
+14.0%
5+ $315K$272K
-13.7%

Summary: Saint Johns housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 86.4%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 14%, and 5+ bedroom homes decreased by 13.7%.

Housing Supply in Saint Johns, MI

How many homes are available in Saint Johns, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1821+16.7%

Summary: The Saint Johns real estate market had 21 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 24
+100.0%
3 1312
-7.7%
4 34
+33.3%
5+ 00
0.0%

Summary: The Saint Johns housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Johns, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Saint Johns in April 2024, down by 62.5% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Saint Johns, MI

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

Average Sale Time

Apr 2023Apr 2024CHANGE
3 Days64 Days+2033.3%

Summary: Homes in Saint Johns had an average of 64 days on market in Apr 2024, up by 2033.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Saint Johns; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 28 Days Ago

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