48059 — St. Clair County, Michigan Market Snapshot
Housing market data for zip code 48059 in St. Clair County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
38 sales in 2026 (year to date)
Median Sale Price
$261,700
Days to Sell
38
Homes Sold
38
Inventory
28
Sale-to-List
98.3%
New Listings
51
Price/SqFt
$161
Pending Sales
49
Conforming Loan Available
Most homebuyers in 48059 can comfortably use conventional financing. The median home price of $261,700 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
48059's market is balanced with homes taking an average of 38 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 48059 (98.3% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 48059 can comfortably use conventional financing. The median home price of $261,700 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 48059 are set at the county level.
2026 Loan Limits — St. Clair County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 48059
To purchase the median home at $261,700 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,155.
Monthly Payment
$2,155
Income Required
$92,360
Principal & Interest
$1,613/mo
Down Payment (5%)
$13,085
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 48059.
Estimated Monthly Payment
$1,770
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 48059. Tell us what you're looking for.