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Algonac, MI Real Estate & Property Data

Algonac Real Estate Market Trends

Last Updated: April 29, 2024

Accurate and comprehensive real estate data is critical for insight into Algonac, MI. ATTOM’s Algonac real estate data is updated daily, and current market trends show that in Algonac, MI a total of 250 residential properties have sold over the past year. With a median home price of $307,500 in Algonac and a total of 2 foreclosures. Get detailed property data for Algonac, MI instantly. ATTOM is your one-stop-shop for the Algonac property reports and real estate data you need in Algonac, MI.

Algonac Real Estate Market Trends

Get property data for any address in Algonac, MI or the country:

Total Residential Properties 6,190

Total Commercial Properties 284

Avg. Home Age (Single Family Home) 49 Years

Avg. Square Feet (Single Family Home) 1,558

Total 2024 Residential Sales (year-to-date) 30

% of Homes Seriously Underwater (Q2 2024) 0.57%

Total 2023 Residential Sales 239

% of Equity Rich Homes (Q2 2024) 31.64%

Effective 2023 Property Tax 1.04%

Total Foreclosure Filings (year-to-date) 3

Algonac, MI Real Estate Overview

There were 250 residential properties sold in the past year in Algonac, MI. The median home value in Algonac, MI is $237,982. There are a total of 6,190 residential properties in the Algonac.

Median Sales Price i

$307,500

(Feb 2024)

+41.4%

year-over-year

y-o-y

February '24 Feb '24 $307,500
January '24 Jan '24 $199,000
December '23 Dec '23 $363,500
November '23 Nov '23 $250,000
October '23 Oct '23 $229,500
September '23 Sep '23 $257,000
August '23 Aug '23 $199,900
July '23 Jul '23 $210,000
June '23 Jun '23 $227,500
May '23 May '23 $168,100
April '23 Apr '23 $340,000
March '23 Mar '23 $217,000

Median Down Payment i

$17,100

(Feb 2024)

+57.2%

year-over-year

y-o-y

February '24 Feb '24 $17,100
January '24 Jan '24 N/A
December '23 Dec '23 $57,967
November '23 Nov '23 $79,800
October '23 Oct '23 $62,233
September '23 Sep '23 $45,000
August '23 Aug '23 $20,750
July '23 Jul '23 $7,719
June '23 Jun '23 $28,800
May '23 May '23 $24,000
April '23 Apr '23 $61,000
March '23 Mar '23 $51,000

Number of Homes Sold i

17

(Feb 2024)

-5.6%

year-over-year

y-o-y

February '24 Feb '24 17
January '24 Jan '24 13
December '23 Dec '23 12
November '23 Nov '23 15
October '23 Oct '23 24
September '23 Sep '23 29
August '23 Aug '23 26
July '23 Jul '23 24
June '23 Jun '23 15
May '23 May '23 17
April '23 Apr '23 18
March '23 Mar '23 22

Number of Purchase Loans i

6

(Feb 2024)

-53.8%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 4
December '23 Dec '23 5
November '23 Nov '23 10
October '23 Oct '23 14
September '23 Sep '23 14
August '23 Aug '23 10
July '23 Jul '23 12
June '23 Jun '23 6
May '23 May '23 11
April '23 Apr '23 15
March '23 Mar '23 15

Number of REFI Loans i

8

(Feb 2024)

-11.1%

year-over-year

y-o-y

February '24 Feb '24 8
January '24 Jan '24 12
December '23 Dec '23 15
November '23 Nov '23 9
October '23 Oct '23 14
September '23 Sep '23 12
August '23 Aug '23 11
July '23 Jul '23 14
June '23 Jun '23 16
May '23 May '23 7
April '23 Apr '23 7
March '23 Mar '23 12

Number of HELOC Loans i

4

(Feb 2024)

+33.3%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 9
December '23 Dec '23 7
November '23 Nov '23 6
October '23 Oct '23 10
September '23 Sep '23 7
August '23 Aug '23 6
July '23 Jul '23 3
June '23 Jun '23 4
May '23 May '23 5
April '23 Apr '23 7
March '23 Mar '23 3

Algonac, MI Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

48001
$237,982 $152.76/sqft

Algonac, MI Foreclosure Activity

There were a total of 2 Algonac, MI properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

2

(Feb 2024)

February '24 Feb '24 2
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 4
October '23 Oct '23 3
September '23 Sep '23 2
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 3
May '23 May '23 N/A
April '23 Apr '23 1
March '23 Mar '23 1

Foreclosure Starts i

2

(Feb 2024)

February '24 Feb '24 2
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 4
October '23 Oct '23 3
September '23 Sep '23 2
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 3
May '23 May '23 N/A
April '23 Apr '23 1
March '23 Mar '23 1

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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