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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clawson is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Clawson, MI

How much do homes in Clawson, MI cost?

Median Sold Price

$290,000

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$32,250(+12.5%)

Key Takeaway

Homes in Clawson have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in Clawson was $290,000 in February 2024, up 12.5% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $130K$125K
-3.8%
2 $216K$211.5K
-2.1%
3 $265K$295K
+11.3%
4 $307.5K$355K
+15.4%
5+ $338.1K$310.9K
-8.0%

Summary: Clawson housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 8%.

Median Sold Price Compared To Nearby Cities

Clawson
+12.5%
Royal Oak
+7.3%
Troy
+1.4%

Housing Supply in Clawson, MI

How many homes are available in Clawson, MI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3530-14.3%

Summary: The Clawson real estate market had 30 homes for sale in February 2024, a 14.3% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 34
+33.3%
2 54
-20.0%
3 2521
-16.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Clawson housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 16%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
158-46.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clawson, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Clawson in February 2024, down by 46.7% month-over-month. Of the 8 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Clawson, MI

How long does it take to sell a home in Clawson, MI?

Average Sale Time

Feb 2023Feb 2024CHANGE
6 Days11 Days+83.3%

Summary: Homes in Clawson had an average of 11 days on market in Feb 2024, up by 83.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 8 homes were sold in Clawson; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 4 Days Ago

Newest Listings in Clawson, MI

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