$3,680 Closing Credit*
$309,864
1,100 SqFt
3 Beds
•1 Full Bath
#50161817, Haralambous Kourlos, Listing Office: Real Estate One Inc-Shelby
Is Clare County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Clare County has remained a Seller's Market.
Key Takeaway
Clare County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clare County, MI
How much do homes in Clare County, MI cost?
Median Sold Price
$146,416
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,416(+10.1%)
Key Takeaway
Homes in Clare County have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Clare County was $146,416 in October 2024, up 10.1% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62K | $77.9K | +25.7% |
| 2 Bedrooms | $101.2K | $120K | +18.5% |
| 3 Bedrooms | $159.3K | $173.7K | +9.0% |
| 4 Bedrooms | $193K | $237.5K | +23.1% |
| 5+ Bedrooms | $465K | $296.2K | -36.3% |
Summary: Clare County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.7%, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 36.3%.
Median Sold Price Compared To Nearby Counties
| Gladwin County | $174K | $194.7K | +11.9% |
| Clare County | $133K | $146.4K | +10.1% |
| Roscommon County | $170K | $183.6K | +8.0% |
| Missaukee County | $210.2K | $226.9K | +7.9% |
| Isabella County | $185K | $196.8K | +6.4% |
Housing Supply in Clare County, MI
How many homes are available in Clare County, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 261 | 263 | +0.8% |
Summary: The Clare County real estate market had 263 homes for sale in October 2024, a 0.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 19 | 18 | -5.3% |
| 2 Bedrooms | 86 | 93 | +8.1% |
| 3 Bedrooms | 125 | 120 | -4.0% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Clare County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.3%, 2 bedroom homes increased by 8.1%, 3 bedroom homes decreased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 57 | +26.7% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clare County, you may be able to get a good deal. 78.2% of homes here sold below asking price last month.
Summary: A total of 57 homes were sold or pending in Clare County in October 2024, up by 26.7% month-over-month. Of the 55 sold homes, 78% were sold under asking, 16% were sold at asking, and 5% were sold over asking.
Days on Market for Clare County, MI
How long does it take to sell a home in Clare County, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 72 Days | +53.0% |
Summary: Homes in Clare County had an average of 72 days on market in Oct 2024, up by 53% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Clare County has remained consistent over time.
Summary: During October 2024, 57 homes were sold in Clare County; 18% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 
© 2024 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.