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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Clemens is a seller's market

Buyer's
Market

Difference Since April 2021

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.

How much do homes in Mount Clemens, MI cost?

Median Sold Price

$155,650

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$17,650(+12.8%)

Key Takeaway

Homes in Mount Clemens have sold for 12.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $55K$74.5K
+35.5%
2 $95K$108K
+13.7%
3 $139.7K$164.5K
+17.7%
4 $190.5K$181.9K
-4.5%
5+ $179.9K$179.9K
0.0%

Median Sold Price Compared To Nearby Cities

Harrison Township
+18.0%
Harrison Charter Township
+17.3%
Clinton Township
+13.1%
Clinton Charter Township
+13.0%
Mount Clemens
+12.8%

How many homes are available in Mount Clemens, MI?

Number of Homes For Sale

Mar 2022Apr 2022%
3934-12.8%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 10
-100.0%
2 1014
+40.0%
3 1612
-25.0%
4 96
-33.3%
5+ 32
-33.3%

Number of Homes Sold

Mar 2022Apr 2022%
1211-8.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Clemens, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
19 Days32 Days+63.9%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was 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.

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

About Mount Clemens, MI

Number of homes for sale in Mount Clemens, MI real estate market have reached 34. The number of homes for sale in Mount Clemens, MI decreased by 12.8% between March 2022 and April 2022. Listings spent 32 days on the market in April 2022, and had a median list price of $155,650 during the same period. Real estate listing prices changed between March 2022 and April 2022: prices of 1 bedroom properties went up by 35.5%, prices of 2 bedrooms properties increased by 13.7%, the cost of 3 bedrooms properties went up by 17.7%, prices of 4 bedrooms properties went down by 4.5%, the cost of 5 bedrooms properties have not changed. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory decreased by 100%, 2 bedrooms homes inventory increased by 40%, the quantity of 3 bedrooms homes went down by 25%, the quantity of 4 bedrooms homes went down by 33.3%, 5 bedrooms homes inventory decreased by 33.3%. Mount Clemens, MI housing market in April 2022 saw over 5 listings sold above listed price, more than 2 sold at listed price and over 4 sold below.

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