Housing in Imlay City, MI

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$197,000

Median List Price

$179,900

Price Per Sq Ft

$128

Days on Market

81

Active Inventory

6

Months of Supply

1.2

Seller's market

Zillow Home Value

$268,461

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 17.4%List Price 16.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

12.5%

Sale-to-List Ratio

98.1%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
12.5%
Listings with Price Drops
66.7%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

1

Pending Sales

8

Homes Sold 25.0%New Listings 50.0%Pending 33.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$128

Median List $/SF

$173

Sale $/SF 22.9%List $/SF 11.6%Mar 24Jan 26

Imlay City vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Imlay City 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

$137,800

Median Rent

$764

Total Housing Units

1,834

Vacancy Rate

9.7%

Owner Occupied

53.8%

Renter Occupied

46.2%

Median Property Tax

$2,115

per year

Monthly Cost (w/ Mortgage)

$897

Housing Types

Single Family
41.8%
Multi-Family
33.4%
Mobile Home
24.8%

The current median sale price in Imlay City, MI is $197,000 according to Redfin data. Homes spend a median of 81 days on the market. 20.0% of homes sold above asking price. The market has 1.2 months of supply. The median price per square foot is $128. The median rent is $764 per month (Census ACS). About 53.8% of housing units are owner-occupied. The median year homes were built is 1973. There are 1,834 total housing units.