$1,602 Closing Credit*
$134,900
616 SqFt
1 Bed
•1 Full Bath
#50163480, JOHN CARLSTROM, Listing Office: HARRISON REALTY INC.
Is Clare County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Clare County was a Buyer'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
$141,833
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,833(+5.1%)
Key Takeaway
Homes in Clare County have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Clare County was $141,833 in November 2024, up 5.1% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $59.9K | $76K | +26.9% |
| 2 Bedrooms | $102.5K | $111.5K | +8.8% |
| 3 Bedrooms | $157K | $171.2K | +9.1% |
| 4 Bedrooms | $207K | $240K | +15.9% |
| 5+ Bedrooms | $465K | $387.4K | -16.7% |
Summary: Clare County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.9%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes decreased by 16.7%.
Median Sold Price Compared To Nearby Counties
| Missaukee County | $206.5K | $230K | +11.4% |
| Gladwin County | $173K | $191.4K | +10.6% |
| Isabella County | $176.9K | $194K | +9.7% |
| Roscommon County | $172.5K | $184.8K | +7.1% |
| Clare County | $135K | $141.8K | +5.1% |
Housing Supply in Clare County, MI
How many homes are available in Clare County, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 256 | 222 | -13.3% |
Summary: The Clare County real estate market had 222 homes for sale in November 2024, a 13.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 16 | -5.9% |
| 2 Bedrooms | 93 | 77 | -17.2% |
| 3 Bedrooms | 116 | 102 | -12.1% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 11 | 8 | -27.3% |
Summary: The Clare County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.9%, 2 bedroom homes decreased by 17.2%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 53 | -8.6% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
7 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. 64.2% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in Clare County in November 2024, down by 8.6% month-over-month. Of the 53 sold homes, 64% were sold under asking, 23% were sold at asking, and 13% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 137 Days | 77 Days | -43.3% |
Summary: Homes in Clare County had an average of 77 days on market in Nov 2024, down by 43.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
22 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 November 2024, 53 homes were sold in Clare County; 21% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 34% 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. 
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