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Algonac, MI 48001 Real Estate & Property Data

Algonac, MI 48001 Real Estate Market Trends

Last Updated: April 29, 2024

A total of 250 residential properties have been sold over the past 12 months in 48001. With a median sales price of $307,500 in 48001 and a total of 2 foreclosures in Algonac, MI 48001. Discover market trends and get the granular level real estate data for Algonac, MI 48001 to keep your pulse on the housing market. Curate compelling home reports for Algonac, MI 48001 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Algonac, MI 48001 Real Estate Market Trends

Get property data for any address in Algonac, MI 48001 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 48001 Real Estate Overview

There were 250 residential properties sold in the past year in Algonac, MI 48001. The median home value in Algonac, MI 48001 is $237,982. There are a total of 6,190 residential properties in the 48001.

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 48001 Real Estate Market Overview

Last 30 days

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Street
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Algonac, MI 48001 Foreclosure Activity

There were a total of 2 Algonac, MI 48001 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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