Is Clearwater Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Clearwater Township was a Buyer's Market.
Housing Prices in Clearwater Township, MI
How much do homes in Clearwater Township, MI cost?
Median Sold Price
$350,000
$150/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Clearwater Township was $350,000 in May 2024, down 48.5% from last month, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $275K | N/A |
2 Bedrooms | - | $350K | N/A |
3 Bedrooms | - | $295K | N/A |
4 Bedrooms | - | $766K | N/A |
5+ Bedrooms | $680K | - | N/A |
Summary: Clearwater Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Helena Township | $1.1M | $595K | -45.9% |
Clearwater Township | $680K | $350K | -48.5% |
Rapid City | $1.4M | $415K | -70.4% |
Housing Supply in Clearwater Township, MI
How many homes are available in Clearwater Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 23 | +53.3% |
Summary: The Clearwater Township real estate market had 23 homes for sale in May 2024, a 53.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 6 | 11 | +83.3% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Clearwater Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 83.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 5 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Clearwater Township in May 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Clearwater Township, MI
How long does it take to sell a home in Clearwater Township, MI?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
80 Days | 47 Days | -40.3% |
Summary: Homes in Clearwater Township had an average of 47 days on market in May 2024, down by 40.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Clearwater Township; 20% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.