Is Village of Clarkston, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Village of Clarkston is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Village of Clarkston has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Village of Clarkston, MI

How much do homes in Village of Clarkston, MI cost?

Median Sold Price

$385,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$28,000(-6.8%)

Key Takeaway

Homes in Village of Clarkston have sold for 6.8% less than they did a year ago.

Summary: The median home sold price in Village of Clarkston was $385,000 in March 2024, down 6.8% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $286K$300K
+4.9%
3 $447K$420K
-6.0%
4 $475.5K$385K
-19.0%
5+ $330K$867K
+162.7%

Summary: Village of Clarkston housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.9%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes increased by 162.7%.

Median Sold Price Compared To Nearby Cities

Independence Charter Township
+2.5%
Clarkston
-0.5%
Village of Clarkston
-6.8%

Housing Supply in Village of Clarkston, MI

How many homes are available in Village of Clarkston, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
54-20.0%

Summary: The Village of Clarkston real estate market had 4 homes for sale in March 2024, a 20.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 22
0.0%
5+ 10
-100.0%

Summary: The Village of Clarkston 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Village of Clarkston, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Village of Clarkston in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Village of Clarkston, MI

How long does it take to sell a home in Village of Clarkston, MI?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 1 homes were sold in Village of Clarkston; 100% of homes were sold within 30 days, 0% 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 18 Days Ago

Newest Listings in Village of Clarkston, MI

Nearby Markets to Village of Clarkston, MI

What housing markets are near Village of Clarkston, MI?