Home prices
The median home in Algonac costs $113,700. It is approximately $57,800 (33%) lower in comparison to its surrounding areas.It is roughly $103,800 (47%) lower compared to the rest of the nation, and in comparison to the city of Detroit is approximately $64,500 (131%) higher.
Rents
The median monthly rent in Algonac is $680. It is roughly $161 (19%) lower compared to the surrounding areas.It is roughly $382 (35%) lower compared to the United States as a whole, and it is about $144 (17%) lower compared to the city of Detroit.
Nearby places
Pearl Beach
Pearl Beach is Algonac's neighbor to the west. The real estate prices there are a lot more expensive. The median home in Pearl Beach is valued at $231,300, which works out to $117,600 (50%) higher than Algonac. Rent there is a bit more expensive. The median monthly rent in Pearl Beach is $898, which works out to $218 (24%) higher than Algonac.
Marine City
Marine City is approximately 6 miles north of Algonac. Real estate prices there are a bit more expensive. The price of the median home in Marine City is $122,300, which comes out to $8,600 (7%) higher than Algonac. Its rents are somewhat more expensive. Marine City's median rent is $803 per month, which comes out to $123 (15%) higher than Algonac.
New Baltimore
New Baltimore is roughly 10 miles northwest of Algonac. The housing prices there are substantially more expensive. The median home in New Baltimore is valued at $225,400, which is $111,700 (49%) higher than Algonac. Rents there are somewhat more expensive. New Baltimore's median rent is $741 per month, which comes out to $61 (8%) higher than Algonac.
New Haven
New Haven is about 13 miles northwest of Algonac. The real estate prices there are somewhat more expensive. The median home in New Haven is valued at $120,800, which comes out to $7,100 (5%) higher than Algonac. Its rents are a lot more expensive. In New Haven the median rent is $1,025 a month, which comes out to $345 (33%) higher than Algonac.
St. Clair
St. Clair is about 13 miles north of Algonac. Its housing prices are a bit more expensive. The median home in St. Clair costs $157,700, which works out to $44,000 (27%) higher than Algonac. The rent there is somewhat more expensive. The median rent in St. Clair is $739 a month, which comes out to $59 (7%) higher than Algonac.
