Is Clearwater Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clearwater Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Clearwater Township was a Seller's Market.

Key Takeaway

Clearwater Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Clearwater Township, MI

How much do homes in Clearwater Township, MI cost?

Median Sold Price

$301,500

$249/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$141,500(+88.4%)

Key Takeaway

Homes in Clearwater Township have sold for 88.4% more than they did a month ago.

Summary: The median home sold price in Clearwater Township was $301,500 in March 2024, up 88.4% from last month, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $330K-
N/A
3 $160K$301.5K
+88.4%
4 --
N/A
5+ --
N/A

Summary: Clearwater Township housing prices by bedroom type for March 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 increased by 88.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Helena Township
+297.2%
Clearwater Township
+88.4%
Rapid City
+24.9%

Housing Supply in Clearwater Township, MI

How many homes are available in Clearwater Township, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
12120.0%

Summary: The Clearwater Township real estate market had 12 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 65
-16.7%
4 24
+100.0%
5+ 11
0.0%

Summary: The Clearwater Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clearwater Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Clearwater Township in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Feb 2024Mar 2024CHANGE
84 Days98 Days+17.3%

Summary: Homes in Clearwater Township had an average of 98 days on market in Mar 2024, up by 17.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Clearwater Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 2 homes were sold in Clearwater Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 18 Days Ago

Newest Listings in Clearwater Township, MI

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What housing markets are near Clearwater Township, MI?