Augusta Real Estate
7 active listings · 57 sold in the past 12mo
$699,000
Median List Price
57
Sold (past 12mo)
57
Avg Days on Market
-19.3%
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.
Your Augusta Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Augusta and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
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Homes for Sale(7)
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For Sale
1/30
$899,900
12111 S Sherman Lake Drive, Augusta, MI 49012
5 bd4 ba4,508 sqft2.53 ac
Single Family
For Sale
1/51
$799,999
8856 N 42nd Street, Augusta, MI 49012
4 bd4 ba3,200 sqft13.94 ac
Single Family
For Sale
1/30
$749,900
14761 Trillium Drive, Augusta, MI 49012
4 bd3 ba4,852 sqft2.70 ac
Single Family
For Sale
1/50
$699,000
12349 N Sherman Lake Drive, Augusta, MI 49012
4 bd3 ba2,616 sqft1.47 ac
Single Family
For Sale
1/70
$529,900
15295 E B Avenue, Augusta, MI 49012
3 bd2 ba2,306 sqft2.32 ac
Single Family
For Sale
1/26
$368,000
16711 CD Avenue E, Augusta, MI 49012
3 bd2 ba1,792 sqft2.93 ac
Single Family
For Sale
1/24
$30,900
6255 Lake Drive, Augusta, MI 48197
3 bd2 ba1,280 sqft
Mfg Home
Recently Sold(57)
Frequently Asked Questions about Augusta
How many homes are for sale in Augusta?
There are currently 7 active listings in Augusta. The median asking price is $699,000.
What are home prices like in Augusta?
Based on 57 sales in the past year, homes in Augusta have a median price of $699,000.
What is the average days on market in Augusta?
Over the past year, homes in Augusta spent an average of 57 days on market before selling.
Which school districts cover Augusta?
Augusta is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Augusta may be zoned for different districts. Check individual listings for the specific school district assignment.
How competitive is the Augusta real estate market?
With 1.5 months of inventory, Augusta is currently a seller's market. This is based on 7 active listings and 57 sales in the past 12 months.
How are property taxes calculated in Augusta?
Michigan property taxes in Augusta are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What does demographic data show about housing demand in Augusta?
Per U.S. Census ACS data, Augusta has a -19.3% Household Formation Gap over the past 15 years, indicating softening demographic demand. Population declined 26.7%, outpacing the effect of shrinking household sizes (2.51 to 2.28). HFG is a secondary market indicator — local conditions and other factors also influence housing demand.