Is Mount Clemens, MI a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Mount Clemens is a seller's market


Difference Since August 2022

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

Key Takeaway

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

Housing Prices

How much do homes in Mount Clemens, MI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Mount Clemens have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in Mount Clemens was $163,800 in August 2023, down 1.6% from last year, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $73K$78K
2 $124K$123.5K
3 $179.5K$170K
4 $160K$185K
5+ $180K$198.5K

Summary: Mount Clemens housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 10.3%.

Median Sold Price Compared To Nearby Cities

Harrison Township
Clinton Charter Township
Clinton Township
Mount Clemens
Harrison Charter Township

Housing Supply

How many homes are available in Mount Clemens, MI?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Mount Clemens real estate market had 44 homes for sale in August 2023, a 2.3% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 10
2 59
3 2927
4 88
5+ 00

Summary: The Mount Clemens housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 80%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

10 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 Mount Clemens, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Mount Clemens in August 2023, up by 38.5% month-over-month. Of the 18 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
51 Days11 Days-77.5%

Summary: Homes in Mount Clemens had an average of 11 days on market in Aug 2023, down by 77.5% compared to last year.

Breakdown of Home Sale Times

17 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 Mount Clemens are selling fast, if you're buying plan to act quickly.

Summary: During August 2023, 18 homes were sold in Mount Clemens; 94% of homes were sold within 30 days, 6% 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 22 Days Ago

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Nearby Markets

What housing markets are near Mount Clemens, MI?