St. Johns, MI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating St. Johns Neighborhoods Since 2000




St. Johns, MI Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

St. Johns Housing Market Information

With a population of 7,908, 3,210 total housing units (homes and apartments), and a median house value of $154,079, St. Johns 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. Johns, accounting for 65.90% of the city's housing units. Other types of housing that are prevalent in St. Johns include large apartment complexes or high rise apartments ( 15.40%), duplexes, homes converted to apartments or other small apartment buildings ( 13.37%), and a few mobile homes or trailers ( 3.47%).

The most prevalent building size and type in St. Johns are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.94% owning and 38.06% renting.

The housing in St. Johns was primarily built before 1939 ( 34.10%), making the housing stock in St. Johns some of the oldest overall in America, although there is a range of ages of homes in St. Johns. The next most important housing age is between 1940-1969 ( 29.25%), followed by between 1970-1999 ( 27.69%). There's also some housing in St. Johns built between 2000 and later ( 8.97%).

St. Johns Home Appreciation Rates

St. Johns's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in St. Johns during the period has been just -1.13%, which is lower than 70% of US communities.

Appreciation rates are so strong in St. Johns that despite a nationwide downturn in the housing market, St. Johns real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, St. Johns appreciation rates continue to be some of the highest in America, at 9.31%, which is higher than appreciation rates in 91.74% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in St. Johns. St. Johns appreciation rates in the latest quarter were at 1.36%, which equates to an annual appreciation rate of 5.54%.

Relative to Michigan, our data show that St. Johns's latest annual appreciation rate is higher than 80% of the other cities and towns in Michigan.

Average Home Values

 

Median Home Value:
$154,079

St. Johns, MI HOME PRICES

Value Range
> $1,173,000 0.2
$880,001 - $1,173,000 0.0
$586,001 - $880,000 0.0
$469,001 - $586,000 0.3
$352,001 - $469,000 0.6
$234,001 - $352,000 10.5
$118,001 - $234,000 51.3
$58,001 - $118,000 28.6
$0 - $58,000 8.4

High for MI
Average for Nation

Value Relative to Nation Value Relative to State
48.3065744755654 34.6153846153846

Number Of Homes And Apartments:
3,210

St. Johns Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MI*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
3.93% 0.22% 4 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$865 / per month

Homeownership Rate

Homeownership
Owners 61.94
Renters 38.06
Vacant 5.64

Housing Market Details

 

Age of Homes

AGE OF St. Johns HOMES
2000 or Newer 9.0
1970 - 1999 27.7
1940 - 1969 29.2
1939 or Older 34.1

Types of Homes

TYPE OF St. Johns HOMES
Single-Family 65.9
Townhomes 1.9
Small Apt. Buildings 13.4
Apt. Complexes 15.4
Mobile Homes 3.5
Other 0.0

Home Size

SIZE OF St. Johns HOMES
No Bedroom 0.26
1 Bedroom 10.67
2 Bedrooms 29.86
3 Bedrooms 45.03
4 Bedrooms 10.52
5 or more bedrooms 3.64

Zip Codes in St. Johns, MI