Algonac, MI

Balanced market+7.1% YoY

Housing market overview · Updated weekly

$300,000median sale price

Homes sold

5

Last 12 weeks

Days on market

65

Average pace

Active listings

8

1.6 months supply

Sale-to-list

95.5%

Below asking

The Algonac housing market is currently classified as a balanced market with a median sale price of $300,000. Prices have risen 7.1% compared to last year, with homes spending an average of 65 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Algonac

There are currently 8 homes listed for sale in Algonac, Michigan. The median listing price is $300K.

Active listings

8

Homes on market

Median list price

$300K

Avg. days on market

65

Days until sale

New this week

5

Newly listed

Price drops:12.5%of listings
Sale-to-list:95.5%

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Frequently asked questions

What is the average home price in Algonac?

The median home sale price in Algonac is $300,000, up 7.1% from last year.

How long do homes stay on market in Algonac?

Homes typically spend 65 days on market before going under contract.

Is Algonac a buyer's or seller's market?

With 1.6 months of supply, Algonac is currently a balanced market.

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