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

Housing Market Conditions



Gauge showing Macomb is a seller's market


Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Macomb, MI

How much do homes in Macomb, MI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2023


Key Takeaway

Homes in Macomb have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Macomb was $420,000 in February 2024, up 1.4% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
2 $259.6K$260K
3 $388.3K$385K
4 $477.5K$503K
5+ $517.5K$530K

Summary: Macomb housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.1%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 2.4%.

Median Sold Price Compared To Nearby Cities

Shelby Charter Township
Macomb Township
Clinton Charter Township
Clinton Township

Housing Supply in Macomb, MI

How many homes are available in Macomb, MI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE

Summary: The Macomb real estate market had 179 homes for sale in February 2024, a 11.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
2 2021
3 5569
4 7981
5+ 68

Summary: The Macomb housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 25.5%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Macomb, you may be able to get a good deal. 55.9% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Macomb in February 2024, up by 3.0% month-over-month. Of the 34 sold homes, 56% were sold under asking, 12% were sold at asking, and 32% were sold over asking.

Days on Market for Macomb, MI

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

Average Sale Time

Feb 2023Feb 2024CHANGE
40 Days38 Days-3.4%

Summary: Homes in Macomb had an average of 38 days on market in Feb 2024, down by 3.4% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 34 homes were sold in Macomb; 71% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% 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 3 Days Ago

Newest Listings in Macomb, MI

Nearby Markets to Macomb, MI

What housing markets are near Macomb, MI?