Is Clarkston, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clarkston is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, Clarkston has remained a Seller's Market.

Key Takeaway

Clarkston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Clarkston, MI cost?

Median Sold Price

$375,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$35,736(+10.5%)

Key Takeaway

Homes in Clarkston have sold for 10.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $97K$69K
-28.9%
2 $215K$208.7K
-2.9%
3 $269K$305K
+13.4%
4 $407.3K$479.3K
+17.7%
5+ $509K$602.5K
+18.4%

Median Sold Price Compared To Nearby Cities

Springfield Charter Township
+11.0%
Clarkston
+10.5%
Independence Charter Township
+8.9%
Davisburg
+6.7%

How many homes are available in Clarkston, MI?

Number of Homes For Sale

Apr 2022May 2022%
144141-2.1%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 10
-100.0%
2 1617
+6.3%
3 6049
-18.3%
4 5657
+1.8%
5+ 1118
+63.6%

Number of Homes Sold

Apr 2022May 2022%
5340-24.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

31 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clarkston, you could pay more than the asking price. 77.5% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
16 Days16 Days-0.2%

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clarkston are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Clarkston, MI

Clarkston, MI has 141 homes on the market. The number of listings in Clarkston, MI decreased by 2.1% between April 2022 and May 2022. While the average time on the market in May 2022 was 16 days, the median list price was $375,000. Real estate listing prices changed between April 2022 and May 2022: 1 bedroom properties prices decreased by 28.9%, 2 bedrooms properties became 2.9% more cheaper, prices of 3 bedrooms properties increased by 13.4%, 4 bedrooms properties prices increased by 17.7%, prices of 5 bedrooms properties increased by 18.4%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went down by 100%, 2 bedrooms homes inventory increased by 6.3%, the quantity of 3 bedrooms homes went down by 18.3%, the quantity of 4 bedrooms homes went up by 1.8%, 5 bedrooms homes inventory increased by 63.6%. In May 2022, from all listings sold in Clarkston, MI there were more than 31 sold above asking price, over 7 sold below and more than 2 were sold right at the asked price.

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