Marine City Real Estate
5 active listings · 29 sold in the past 12mo
$187,500
Median List Price
29
Sold (past 12mo)
66
Avg Days on Market
+12.4%
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(5)
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For Sale
1/50
$335,000
151 S Main Street, Marine, MI
4 bd2 ba2,216 sqft0.10 ac
Single Family
For Sale
1/17
$300,000
6533 RIVER Road, Marine, MI
3 bd1 ba1,888 sqft0.76 ac
Single Family
For Sale
1/28
$187,500
174 S Belle River Avenue, Marine, MI
4 bd2 ba1,288 sqft0.13 ac
Single Family
Under Contract
1/27
$160,000
714 Lowell Street, Marine, MI
3 bd1 ba960 sqft0.13 ac
Single Family
For Sale
1/25
$119,900
444 N Main Street, 218, Marine, MI
2 bd2 ba1,169 sqft
Condo
Recently Sold(29)
Frequently Asked Questions about Marine City
What is the current real estate inventory in Marine City?
Marine City currently has 5 homes listed for sale. The median asking price is $187,500.
What is the median home price in Marine City?
The median sale price in Marine City is $187,500, based on 29 closed sales over the past 12 months.
How fast do homes sell in Marine City?
Homes in Marine City sell in an average of 66 days, based on 29 sales over the past 12 months.
What school districts serve Marine City?
Marine City 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 Marine City may be zoned for different districts. Check individual listings for the specific school district assignment.
Is Marine City a buyer's or seller's market?
With 2.1 months of inventory, Marine City is currently a seller's market. This is based on 5 active listings and 29 sales in the past 12 months.
How much are property taxes in Marine City?
Michigan property taxes in Marine City 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 Marine City?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Marine City is +12.4%. Shrinking household sizes (from 2.52 to 2.06 persons per household) have increased the number of households needing housing by 217 since 2009 — independent of the 8.1% population decline. This is a secondary demographic indicator, not a primary market measure.