Imlay City Real Estate - Find Your Perfect Home For Sale!
Imlay City - Town vs. County Stats
Avg Price in Imlay City: $228,400 / County Avg $377,600
Avg Taxes in Imlay City: $1,200 / County Avg $2,500
Avg Sq. Ft. in Imlay City: 1,759 / County Avg 2,178
Avg Price per/ft2 in Imlay City: $130 / County Avg $173
Avg Walkscore in Imlay City: 29 / County Avg 17
Avg Year Built in Imlay City: 1975 / County Avg 1975
Avg Days on Website in Imlay City: 46 / County Avg 104
Imlay City Real Estate Market Health
Imlay City was founded on April 1, 1850 by Charles Palmer, the chief engineer of the Port Huron and Lake Michigan Railroad, who bought 240 acres of land along the railroad's route at a location Palmer anticipated would be a likely produce center between the towns of Capac and Lapeer. Palmer named the city for the Connecticut-based capitalist William H. Imlay, who had invested heavily in the region after moving there in 1828. Within a year and a half, the newly established city had attracted 500 residents with over 120 buildings including two hotels, 20 stores, a sawmill, and a school. In 1914, the town started building streetcar lines -- a form of public transportation that was usually reserved for large cities. In April 1970, Imlay City celebrated its 100th birthday, and the residents voted to changed Imlay City from a village to a home rule city by a two to one margin. The construction of Interstate 69 in the 1980s connected Imlay City with Flint, Port Huron, and Canada, leading to significant economic growth to serve the interstate travelers.