Is Clarkston, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Clarkston has remained a Seller's Market.
Housing Prices in Clarkston, MI
How much do homes in Clarkston, MI cost?
Median Sold Price
$385,750
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Clarkston was $385,750 in June 2024, down 3.6% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $290K | N/A |
2 Bedrooms | $230K | $242.5K | +5.4% |
3 Bedrooms | $330K | $339.8K | +3.0% |
4 Bedrooms | $510K | $485K | -4.9% |
5+ Bedrooms | $595K | $650K | +9.2% |
Summary: Clarkston housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 9.2%.
Median Sold Price Compared To Nearby Cities
Springfield Charter Township | $344.9K | $375K | +8.7% |
Davisburg | $399.9K | $409.9K | +2.5% |
Clarkston | $400K | $385.7K | -3.6% |
Independence Charter Township | $390K | $375.8K | -3.6% |
Housing Supply in Clarkston, MI
How many homes are available in Clarkston, MI?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
146 | 170 | +16.4% |
Summary: The Clarkston real estate market had 170 homes for sale in June 2024, a 16.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 70 | 71 | +1.4% |
4 Bedrooms | 42 | 59 | +40.5% |
5+ Bedrooms | 22 | 29 | +31.8% |
Summary: The Clarkston housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 40.5%, and 5+ bedroom homes increased by 31.8%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
43 | 48 | +11.6% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in Clarkston in June 2024, up by 11.6% month-over-month. Of the 48 sold homes, 29% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for Clarkston, MI
How long does it take to sell a home in Clarkston, MI?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
25 Days | 21 Days | -15.9% |
Summary: Homes in Clarkston had an average of 21 days on market in Jun 2024, down by 15.9% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During June 2024, 48 homes were sold in Clarkston; 79% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.