Housing in Algonac, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$240,000

Median List Price

$204,950

Price Per Sq Ft

$166

Days on Market

36

Active Inventory

6

Months of Supply

1.5

Seller's market

Zillow Home Value

$246,339

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 34.8%List Price 31.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

25.0%

Sale-to-List Ratio

99.1%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
25.0%
Listings with Price Drops
33.3%

Market Activity

Source: Redfin

Homes Sold

4

New Listings

4

Pending Sales

8

Homes Sold 20.0%New Listings 50.0%Pending 14.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$166

Median List $/SF

$143

Sale $/SF 18.6%List $/SF 24.7%Mar 24Jan 26

Algonac vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Algonac is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$177,200

Median Rent

$923

Total Housing Units

1,953

Vacancy Rate

5.2%

Owner Occupied

69.9%

Renter Occupied

30.1%

Median Property Tax

$2,487

per year

Monthly Cost (w/ Mortgage)

$837

Housing Types

Single Family
85.7%
Multi-Family
14.3%
Mobile Home
0.0%

The current median sale price in Algonac, MI is $240,000 according to Redfin data. Homes spend a median of 36 days on the market. 0.0% of homes sold above asking price. The market has 1.5 months of supply. The median price per square foot is $166. The median rent is $923 per month (Census ACS). About 69.9% of housing units are owner-occupied. The median year homes were built is 1967. There are 1,953 total housing units.