Is Clio, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Clio has remained a Seller's Market.
Housing Prices in Clio, MI
How much do homes in Clio, MI cost?
Median Sold Price
$196,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Clio was $196,000 in April 2024, up 5.9% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $87K | $79.9K | -8.2% |
2 Bedrooms | $184K | $174.9K | -4.9% |
3 Bedrooms | $172.4K | $185K | +7.3% |
4 Bedrooms | $199.4K | $225K | +12.8% |
5+ Bedrooms | $199.9K | $270K | +35.1% |
Summary: Clio housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 35.1%.
Median Sold Price Compared To Nearby Cities
Vienna Charter Township | $199K | $219.9K | +10.5% |
Clio | $185K | $196K | +5.9% |
Housing Supply in Clio, MI
How many homes are available in Clio, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
76 | 80 | +5.3% |
Summary: The Clio real estate market had 80 homes for sale in April 2024, a 5.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 24 | 20 | -16.7% |
3 Bedrooms | 35 | 36 | +2.9% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The Clio housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 24 | +26.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Clio in April 2024, up by 26.3% month-over-month. Of the 24 sold homes, 38% were sold under asking, 29% were sold at asking, and 33% were sold over asking.
Days on Market for Clio, MI
How long does it take to sell a home in Clio, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 43 Days | -39.1% |
Summary: Homes in Clio had an average of 43 days on market in Apr 2024, down by 39.1% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Clio; 67% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.