Market report, updated

Saranac Home Values and Market Report

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Report prepared by Rosietherealtormi.com Khoury Real Estate LLC.

Market at a glance

Over the last 12 months, homes sold for 98.7% of list price in 37 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $374K Sold · $381K
$530K$400K$270K$140K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 10 sales in Aug. Last month: 5.

Where the market stands

All homes in this report, by status.

104homes
Active24 · 23%
Under contract6 · 6%
Sold (12 mo)74 · 71%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$308K
Under contract$309K
Sold$360K

Average days on market

Active119 days
Under contract52 days
Sold37 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 24
Average list price $307,595
Avg. days on market 119 days
Avg. price per ft² $208 Based on 13 of 24 homes
Avg. living area 2,156 ft² Based on 13 of 24 homes
Avg. beds / baths 3.5 / 2.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

11 homes didn’t report living area and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 13 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

11 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

6695 Paradise Park Drive$416
6390 Lakeshore Drive$280
8152 Morrison Lake Gardens$273
4142 Sayles Road$230
5272 Marvie Drive$194
8198 Morrison Lake Gardens$191
6927 Forestview Trail$186

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
8152 Morrison Lake GardensSaranac, MI 48881 332,833$775,000$2732 days
7192 Morrison Lake RoadSaranac, MI 48881 544,034$750,000$185141 days
6390 Lakeshore DriveSaranac, MI 48881 332,014$565,000$28041 days
9310 Bluewater HighwaySaranac, MI 48881 643,674$549,900$14956 days
7758 Riverside DriveSaranac, MI 48881 ———$494,900—98 days
1350 Riggle RoadSaranac, MI 48881 532,990$494,900$165106 days
6695 Paradise Park DriveSaranac, MI 48881 111,080$450,000$41686 days
5272 Marvie DriveSaranac, MI 48881 432,156$419,000$19431 days
6927 Forestview TrailSaranac, MI 48881 522,117$395,000$1868 days
4142 Sayles RoadIonia, MI 48846 321,412$325,000$23070 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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