St. Clair, MI Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

St. Clair, MI Housing Market Trends

With a population of 5,279, 2,234 total housing units (homes and apartments), and a median house value of $185,316, St. Clair real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in St. Clair, accounting for 73.29% of the city's housing units. Other types of housing that are prevalent in St. Clair include large apartment complexes or high rise apartments ( 12.63%), duplexes, homes converted to apartments or other small apartment buildings ( 7.53%), and a few row houses and other attached homes ( 6.56%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in St. Clair. Owner-occupied housing accounts for 79.94% of St. Clair's homes, and 63.90% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. St. Clair's housing was primarily built during this period, from the '40s through the '60s. A full 36.22% of the city's housing hails from this era. Other housing ages represented in St. Clair include homes built between 1970-1999 ( 36.18%) and housing constructed before 1939 ( 23.27%). There's also some housing in St. Clair built between 2000 and later ( 4.33%).

St. Clair Home Appreciation Rates

Appreciation rates for homes in St. Clair have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 46.05%, which ranks in the top 30% nationwide. This equates to an annual average St. Clair house appreciation rate of 3.86%.

NeighborhoodScout's data show that during the latest twelve months, St. Clair's appreciation rate, at 5.53%, has been at or slightly above the national average. In the latest quarter, St. Clair's appreciation rate has been 2.49%, which annualizes to a rate of 10.35%.

Relative to Michigan, our data show that St. Clair's latest annual appreciation rate is lower than 60% of the other cities and towns in Michigan.

Average Home Values

 

Median Home Value:
$185,316

St. Clair, MI HOME PRICES

> $1,144,000
0.7%
0.7%
$858,001 - $1,144,000
0.0%
0.0%
$572,001 - $858,000
3.6%
3.6%
$458,001 - $572,000
0.7%
0.7%
$343,001 - $458,000
2.5%
2.5%
$229,001 - $343,000
18.4%
18.4%
$114,001 - $229,000
56.0%
56.0%
$57,001 - $114,000
12.2%
12.2%
$0 - $57,000
5.8%
5.8%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

High for MI

Value Relative To Nation

Number Of Homes And Apartments:
2,234

St. Clair Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MI*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
9.72% 0.44%
1
1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,002 / per month

Homeownership Rate

Owners
79.9%
79.9%
Renters
20.1%
20.1%
Vacant
9.6%
9.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
4.3%
4.3%
1970 - 1999
36.2%
36.2%
1940 - 1969
36.2%
36.2%
1939 or Older
23.3%
23.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
73.3%
73.3%
Townhomes
6.6%
6.6%
Small Apt. Buildings
7.5%
7.5%
Apt. Complexes
12.6%
12.6%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
10.8%
10.8%
2 Bedrooms
24.1%
24.1%
3 Bedrooms
46.2%
46.2%
4 Bedrooms
17.7%
17.7%
5 or more bedrooms
1.2%
1.2%
0.0% 100.0%
% OF HOMES