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Charles Palmer HousePhoto: Notorious4life at English Wikipedia · Public domain
Housing in Imlay City

45 homes sold in Imlay City in the last year, at a typical $215K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Imlay City homes are listed.

Homes sold
45
October 2025 to September 2026
Typical sale price
$215K
median, weighted by sales
Price per square foot
$139
Michigan $168
Paid vs. asking
98.7%
37% sold over asking
For sale now
10
September 2026 · 3 sold that month
What sold · last 12 months

Houses are 86% of Imlay City’s sales, at a typical $219K (year to May 2026)

45 homes sold in the year to September 2026.

Houses$219K

typical sale · 38 sold in the year to May 2026

Per square foot
$143MI $172
Days to sell
48
Sold over asking
42%
Listings with a price cut
38%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $190K
Condos: 5 sold, typical $243K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.7 times the 2016 price

45 sales in the last year, against 70 in 2018 and a low of 32 in 2023. The typical sale went from $123K in 2016 to $215K.

Homes soldTypical sale price
0255075100$75K$150K$225K$300K2012: 45 sold, typical $62K’122013: 41 sold, typical $78K2014: 51 sold, typical $70K’142015: 50 sold, typical $109K2016: 47 sold, typical $123K’162017: 58 sold, typical $143K2018: 70 sold, typical $136K’182019: 57 sold, typical $151K2020: 46 sold, typical $170K’202021: 55 sold, typical $173K2022: 52 sold, typical $221K’222023: 32 sold, typical $201K2024: 38 sold, typical $191K’242025: 38 sold, typical $223KLast 12 months: 45 sold, typical $215KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $200K buys in Imlay City

Houseat $143 a sq ft, year to May 2026
The same money in Michiganat $172 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Imlay City homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Imlay City are more common than before the pandemic, but a third fewer homes come up for sale

We read every month of Imlay City’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 45 sales.

If you’re buying in Imlay City

  • Shop in March. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (18% over asking).
  • Bid near asking. Buyers paid 98.7% of the list price on average; 37% paid over.
  • You’ll usually have time. Only 44% of homes go under contract within two weeks; the typical one takes 50 days.
Best time to buy

Spring brings the homes; fall brings the bidding wars

May has the most new listings (about 7 a month), but October is the most competitive: 33% of October sales close over asking. March offers nearly as much choice with fewer homes bid up (18%). February has the least competition (14%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 5 new listings a month, 28% sold over asking, 57 days to sellJFeb: 3 new listings a month, 14% sold over asking, 61 days to sellFMar: 6 new listings a month, 18% sold over asking, 78 days to sellMApr: 4 new listings a month, 22% sold over asking, 58 days to sellAMay: 7 new listings a month, 24% sold over asking, 42 days to sellMJun: 5 new listings a month, 27% sold over asking, 50 days to sellJJul: 6 new listings a month, 29% sold over asking, 37 days to sellJAug: 5 new listings a month, 22% sold over asking, 34 days to sellASep: 5 new listings a month, 27% sold over asking, 41 days to sellSOct: 4 new listings a month, 33% sold over asking, 77 days to sellONov: 4 new listings a month, 28% sold over asking, 68 days to sellNDec: 2 new listings a month, 29% sold over asking, 74 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Michigan

Imlay City now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price37%26%35%28%
Gone within two weeksShare of homes under contract within 14 days44%34%52%40%
Price paid vs. askingAverage sale price ÷ list price98.7%97.8%98.1%98.1%
Days to sellMedian days from listing to contract50532636
Supply

10 homes for sale on a typical day

That’s 1.9 times the 2023 low (5), 31% fewer than in 2017–19 and well under 2015’s 25.

2012: 19 for sale’122013: 22 for sale2014: 20 for sale2015: 25 for sale’152016: 19 for sale2017: 15 for sale2018: 17 for sale’182019: 12 for sale2020: 10 for sale2021: 7 for sale’212022: 9 for sale2023: 5 for sale2024: 7 for sale’242025: 11 for saleLast 12 months: 10 for saleNow
Prices by type

Since 2019, houses are up 47%, condos 35%

A house typically sold for $219K in the year to May 2026 (38 sales), a condo for $243K (5).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $79K, 39 salesHouses 2014: $72K, 43 salesHouses 2015: $104K, 44 salesHouses 2016: $114K, 34 salesHouses 2017: $133K, 40 salesHouses 2018: $132K, 53 salesHouses 2019: $149K, 49 salesHouses 2020: $155K, 36 salesHouses 2021: $165K, 42 salesHouses 2022: $208K, 38 salesHouses 2023: $207K, 26 salesHouses 2024: $199K, 29 salesHouses 2025: $216K, 31 salesHouses last 12 months: $219K, 38 salesHouses $219KCondos 2014: $77K, 7 salesCondos 2015: $113K, 6 salesCondos 2016: $149K, 12 salesCondos 2017: $160K, 18 salesCondos 2018: $166K, 16 salesCondos 2019: $180K, 6 salesCondos 2020: $206K, 10 salesCondos 2021: $196K, 13 salesCondos 2022: $219K, 13 salesCondos 2023: $190K, 5 salesCondos 2024: $167K, 9 salesCondos 2025: $267K, 6 salesCondos last 12 months: $243K, 5 salesCondos $243K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Imlay City home costs about $1,383 a month

Mortgage
Property tax
Insurance
Rent

Price: Imlay City’s typical sale, last 12 months. Property tax at Imlay City’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Imlay City is affordable on local pay is on Cost of living.

Before you buy in Imlay City

Six things worth knowing

7

New listings in May

The month with the most choice. December has the fewest, about 2.

Best time to buy
1.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $215K home, about $3,130 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Imlay City, from test results, graduation and how much students grow.

Schools in Imlay City
31 min

Typical commute

The average one-way trip to work for people who live in Imlay City.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Yale sells for less a square foot; Almont, Romeo and Oxford Township for far more

The busier markets within 25 miles of Imlay City, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lapeer135$251K$16841%36
Romeo58$324K$18930%38
Oxford Township49$311K$18525%47
Imlay City45$215K$13937%50
Almont37$301K$18933%26
Yale29$187K$13321%58
Capac27$219K$15818%30

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Imlay City, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Imlay City. People who follow the town see it, and so do people comparing Imlay City with their own town. No commission, no listing fee.

Questions about buying a home in Imlay City

What do homes sell for in Imlay City, MI?

45 homes sold in the year to September 2026 at a typical $215K, $139 a square foot.

Is Imlay City a buyer’s or seller’s market?

A seller’s market: 10 homes were for sale in September 2026 and 3 sold, about 2.7 months of supply. Buyers paid 98.7% of asking on average.

When is the best time to buy in Imlay City?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Imlay City?

About 1.5% of a home’s value a year. On a $215K home that’s near $3,130.

Where can I see homes for sale in Imlay City?

Zillow, Redfin, Realtor.com and Homes.com all carry Imlay City’s MLS listings; the search links above open each one filtered to Imlay City.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).