Is Clarksville, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Clarksville has remained a Seller's Market.
Key Takeaway
Clarksville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clarksville, MI
How much do homes in Clarksville, MI cost?
Median Sold Price
$335,450
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Clarksville have sold for 39.8% more than they did a year ago.
Summary: The median home sold price in Clarksville was $335,450 in May 2024, up 39.8% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $310K | - | N/A |
| 2 Bedrooms | $200.5K | $145K | -27.7% |
| 3 Bedrooms | $210.5K | $287.4K | +36.6% |
| 4 Bedrooms | $262K | $381.5K | +45.6% |
| 5+ Bedrooms | $450K | $470K | +4.4% |
Summary: Clarksville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.7%, 3 bedroom homes increased by 36.6%, 4 bedroom homes increased by 45.6%, and 5+ bedroom homes increased by 4.4%.
Median Sold Price Compared To Nearby Cities
| Campbell Township | $230K | $347K | +50.9% |
| Clarksville | $240K | $335.4K | +39.8% |
Housing Supply in Clarksville, MI
How many homes are available in Clarksville, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Summary: The Clarksville real estate market had 3 homes for sale in May 2024, a 40.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Clarksville housing inventory by bedroom type for May 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 decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clarksville, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Clarksville in May 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Clarksville, MI
How long does it take to sell a home in Clarksville, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 5 Days | 6 Days | +14.3% |
Summary: Homes in Clarksville had an average of 6 days on market in May 2024, up by 14.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clarksville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Clarksville; 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.
