Algonac Real Estate
51 active listings · 115 sold in the past 12mo
$374,900
Median List Price
115
Sold (past 12mo)
76
Avg Days on Market
+1.6%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(51)
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For Sale
1/51
$2,700,000
501 Lathrop Avenue, Algonac, MI 48001
4 bd4 ba0.77 ac
Single Family
For Sale
1/99
$1,599,999
523 Lathrop Avenue, Algonac, MI 48001
3 bd3 ba0.66 ac
Single Family
For Sale
1/49
$1,095,000
8115 Colony Drive, Algonac, MI 48001
4 bd3 ba2,800 sqft0.30 ac
Single Family
For Sale
1/59
$789,000
206 Edgewater Drive, Algonac, MI 48001
4 bd2 ba0.38 ac
Single Family
For Sale
1/27
$650,000
10368 Saint John Drive, Algonac, MI 48001
4 bd3 ba2,879 sqft0.30 ac
Single Family
For Sale
1/56
$599,900
10438 St John Drive, Algonac, MI 48001
3 bd3 ba0.21 ac
Single Family
For Sale
1/61
$579,900
2567 St. Clair River Drive, Algonac, MI 48001
3 bd1 ba3.31 ac
Single Family
For Sale
1/53
$574,900
7233 Flamingo Street, Algonac, MI 48001
3 bd2 ba0.22 ac
Single Family
Under Contract
1/36
$569,000
7277 Cardinal Street, Algonac, MI 48001
3 bd3 ba2,265 sqft0.18 ac
Single Family
For Sale
1/46
$565,000
113 Roselawn Street, Algonac, MI 48001
3 bd2 ba0.14 ac
Single Family
For Sale
1/38
$560,000
429 Edgewater, Algonac, MI 48001
5 bd2 ba2,304 sqft0.30 ac
Single Family
For Sale
1/46
$519,900
7253 Flamingo Road, Algonac, MI 48001
3 bd2 ba0.22 ac
Single Family
For Sale
1/61
$495,000
2230 Elm Street, Algonac, MI 48001
4 bd2 ba1,917 sqft0.17 ac
Single Family
For Sale
1/2
$474,000
0000 Lee Street, Algonac, MI 48001
3 bd2 ba4.33 ac
Single Family
For Sale
1/45
$469,000
6527 Genaw Road, Algonac, MI 48001
3 bd2 ba1.42 ac
Single Family
Under Contract
1/69
$430,000
304 Heritage Way Street, Algonac, MI 48001
3 bd2 ba
Condo
For Sale
1/35
$429,900
1825 State Street, Algonac, MI 48001
4 bd2 ba0.49 ac
Single Family
For Sale
1/53
$415,000
9017 Stone Road, Algonac, MI 48001
3 bd2 ba1.59 ac
Single Family
For Sale
1/38
$389,900
7285 Audubon Street, Algonac, MI 48001
2 bd2 ba0.23 ac
Single Family
Under Contract
1/43
$389,900
1749 Saint Clair River Drive, Algonac, MI 48001
4 bd3 ba2,582 sqft0.37 ac
Single Family
For Sale
1/44
$389,000
7886 Inglewood Drive, Algonac, MI 48001
5 bd3 ba1,920 sqft0.21 ac
Single Family
For Sale
1/37
$389,000
8395 N Channel Drive, Algonac, MI 48001
3 bd1 ba1,369 sqft0.49 ac
Single Family
For Sale
1/48
$379,998
114 Interlochen Drive, Algonac, MI 48001
5 bd2 ba0.14 ac
Single Family
For Sale
1/35
$379,000
8730 Marsh Road, Algonac, MI 48001
5 bd2 ba0.58 ac
Single Family
Recently Sold(115)
Frequently Asked Questions about Algonac
How many homes are for sale in Algonac?
Algonac currently has 51 homes listed for sale. The median asking price is $374,900.
How much do homes cost in Algonac?
The median sale price in Algonac is $374,900, based on 115 closed sales over the past 12 months.
How long do homes stay on the market in Algonac?
Homes in Algonac sell in an average of 76 days, based on 115 sales over the past 12 months.
What schools are in Algonac?
Multiple school districts may serve Algonac. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
What are market conditions like in Algonac?
Algonac is currently a balanced market, with 5.3 months of supply. That ratio comes from 51 active listings relative to 115 sales per year.
How much are property taxes in Algonac?
Property taxes in Algonac are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What is the Household Formation Gap in Algonac?
Based on Census Bureau ACS data, the Household Formation Gap in Algonac is +1.6%, indicating stable demographic housing demand. Household size moved from 2.49 to 2.23. HFG is a secondary market indicator reflecting household formation, not a primary market measure.