Saint Joseph Residential Sales Data
Historical Residential Sales Trends & Seasonal Temperature Correlation
6-Year Market Summary
Annual totals for Saint Joseph residential sales (49085)
| Year | Homes Sold | Avg Median Price | Total Volume | Avg Sale-to-List | Avg CDOM |
|---|---|---|---|---|---|
| 2020 (11 mo) | 541 | $234,711 | $157,401,565 | 95.9% | 66 days |
| 2021 | 563 | $277,056 | $196,439,216 | 98.1% | 41 days |
| 2022 | 413 | $313,331 | $151,260,124 | 97.1% | 31 days |
| 2023 | 368 | $328,321 | $140,949,337 | 96.7% | 41 days |
| 2024 | 379 | $339,646 | $153,046,131 | 96.0% | 46 days |
| 2025 | 409 | $355,196 | $173,087,465 | 95.9% | 49 days |
| 2026 (Jan only) | 14 | $275,250 | $4,199,737 | 96.3% | 25 days |
Saint Joseph median prices have climbed steadily from ~$235K in 2020 to ~$355K in 2025 — a 51% increase over six years. Transaction volume peaked in 2021 with 563 sales during the post-pandemic boom, then normalized to the 370–410 range. The market was hottest in 2021–2022 when sale-to-list ratios hit 97–98% and homes moved in just 31 days on average. The market has since balanced, with CDOM settling around 46–49 days.
Sales Activity & Temperature Correlation
Does weather drive home sales in Saint Joseph? The data says yes.
Monthly Sold Listings vs. Average Temperature
MLS sold listings overlaid with actual recorded monthly temperatures (KSBN station)
Average Sales by Month (6-year average)
The Pearson correlation of r = 0.65 confirms a moderate-to-strong positive relationship between temperature and sales volume in Saint Joseph. During warm months (May–Aug, avg 59–73°F), the area averages 46.2 homes sold per month. During cold months (Dec–Feb, avg 27–31°F), that drops to 24.4 per month — roughly half. For sellers, listing between May and September means significantly more buyer traffic. For buyers, winter months present less competition and more negotiating power.
Market Metrics Over Time
Median sale prices, inventory, days on market, and negotiation ratios — 72 months
Median Sale Price
Monthly median sale price for closed residential transactions
Inventory: Active, New & Sold
Monthly supply and demand dynamics
Cumulative Days on Market (CDOM)
How long homes sit before selling — lower is faster
Sale-to-List Price Ratio
Final sale price as % of list — 100% = full ask
Absorption Rate
Months of inventory — the key indicator of market balance
Monthly Absorption Rate
Under 3 months = seller’s market • 3–6 months = balanced • Over 6 months = buyer’s market
Saint Joseph has spent nearly all of 2020–2026 in seller’s or balanced territory. The market was extremely tight in 2021–2022 with absorption rates under 1.5 — meaning homes were selling faster than they could be listed. Inventory has gradually loosened since then, with rates climbing into the 2.5–3.0 range in 2024. As of Jan 2026, the rate sits at 2.02. Notably, Saint Joseph has never entered buyer’s market territory (above 6.0) during this entire 6-year dataset.
Complete Monthly Data All 72 months — click to expand ▸
| Month | Temp °F | Active | New | Pended | Sold | Median Sale $ | Avg Sale $ | Absorb Rate | Sale/Orig % | Sale/List % | Avg CDOM |
|---|
Year-over-Year Comparison
Select any month to compare across all years in the dataset
How This Data Is Calculated — MLS Methodology
Active listings are those which were active on a single day of the month, providing a “snapshot.” The 15th of each month is used. The number of actives is not static and depends on when the report is run.
New listings are all properties put on the market during the entire month.
Sold listings are all properties whose sales contracts were completed (closed) during the month.
Median price is the middle value — half of prices are higher and half are lower. If the number of values is even, the two central values are averaged.
Sale-to-Original List Price Ratio compares the final sale price to the original list price when first listed. Sale-to-List Price Ratio compares to the most recent list price (after any price changes).
CDOM (Cumulative Days on Market) counts total days from initial listing to contract, including any relisting periods.
Absorption Rate = Active Listings ÷ Average Monthly Sales. Represents how many months it would take to sell all current inventory at the current pace. Under 3 months favors sellers; over 6 months favors buyers.
Temperature correlation uses Pearson’s r coefficient to measure the linear relationship between average monthly temperature and number of homes sold. A value of 0.65 indicates a moderate-to-strong positive correlation — temperature is a meaningful factor in Saint Joseph’s seasonal sales patterns.