Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | St. Clair County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $174,255 | $134,610 | $242,182 |
| Price Trend (Annual %) | 9.5% | 9.4% | 8.2% |
| Median Gross Rent | $998 | $1,084 | $1,342 |
| Rent Trend (Annual %) | 4.2% | 4.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in St. Clair County is about 29% higher than in Michigan. Rent is about 8% lower than the Michigan average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in St. Clair County, up about 9.5% and 4.2% a year respectively. Home prices are changing faster.
Median rent in St. Clair County rose about 35.7% between 2015 and 2023, from $735 to $998. Over the same span, rent in Michigan rose about 38.5%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in St. Clair County.
Buying the median-priced home in St. Clair County costs roughly 14.5 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in St. Clair County. The price-to-rent ratio in Michigan is about 10.3.
| Metric | St. Clair County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $174,255 | $134,610 | $242,182 |
| Median Household Income | $69,823 | $71,353 | $78,145 |
| Price-to-Income Ratio | 2.5 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in St. Clair County rose about 77.9%, while median household income rose about 37.8% between 2009 and 2023 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | St. Clair County | Michigan Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 74.0% | 64.1% | 58.2% |
| Rental Rate | 17.9% | 23.8% | 31.3% |
| Vacancy Rate | 8.1% | 12.2% | 10.6% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
St. Clair County has a homeownership rate of 74.0%, higher than the Michigan average of 64.1%. Its housing vacancy rate is 8.1%, compared with 12.2% in Michigan.
Housing Stock
| Metric | St. Clair County | Michigan Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.38 people | 2.43 people | 2.54 people |
| Median Structure Built Year | 1977 | 1972 | 1978 |
| Median Number of Rooms | 6.0 | 5.8 | 5.5 |
The typical housing unit in St. Clair County was built around 1977. On average, 2.4 people live in a home with about 6.0 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in St. Clair County, Michigan.
What is the median home price in St. Clair County, Michigan?
The median home price in St. Clair County, Michigan is $174,255, higher than the Michigan average of $134,610.
What is the average home price in St. Clair County, Michigan?
The typical home price in %s, reported as the median sale price, is %s. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in St. Clair County, Michigan?
The median gross rent in St. Clair County, Michigan is $998 per month, lower than the Michigan average of $1,084.
What was the median gross rent in St. Clair County in 2020?
In 2020, the median gross rent in St. Clair County, Michigan was $839 per month.
What is the price-to-rent ratio in St. Clair County, Michigan?
The price-to-rent ratio in St. Clair County, Michigan is about 14.5, meaning it would take roughly 14.5 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in St. Clair County.
Are home prices or rent rising faster in St. Clair County, Michigan?
Both home prices and rent are rising in St. Clair County, up about 9.5% and 4.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in St. Clair County, Michigan?
74.0% of households in St. Clair County, Michigan own their home, higher than the Michigan average of 64.1%.
What is the vacancy rate in St. Clair County, Michigan?
The housing vacancy rate in St. Clair County, Michigan is 8.1%, lower than the Michigan average of 12.2%.