$4,630 Closing Credit*
$389,900
2,016 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kay Pearson, Listing Office: Real Estate One
Is Clarkston, 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, Clarkston has remained a Seller's Market.
Key Takeaway
Clarkston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clarkston, MI
How much do homes in Clarkston, MI cost?
Median Sold Price
$410,100
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,105(+4.4%)
Key Takeaway
Homes in Clarkston have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Clarkston was $410,100 in October 2024, up 4.4% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $290K | N/A |
| 2 Bedrooms | $235K | $275K | +17.0% |
| 3 Bedrooms | $330K | $363.3K | +10.1% |
| 4 Bedrooms | $505K | $501K | -0.8% |
| 5+ Bedrooms | $601K | $680K | +13.1% |
Summary: Clarkston housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Cities
| Springfield Charter Township | $322.5K | $385K | +19.4% |
| Davisburg | $379.9K | $434.2K | +14.3% |
| Independence Charter Township | $386.5K | $405.3K | +4.9% |
| Clarkston | $392.9K | $410.1K | +4.4% |
Housing Supply in Clarkston, MI
How many homes are available in Clarkston, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 193 | 179 | -7.3% |
Summary: The Clarkston real estate market had 179 homes for sale in October 2024, a 7.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 19 | +35.7% |
| 3 Bedrooms | 90 | 86 | -4.4% |
| 4 Bedrooms | 63 | 46 | -27.0% |
| 5+ Bedrooms | 26 | 28 | +7.7% |
Summary: The Clarkston housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 35.7%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 27%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 43 | -33.8% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clarkston, you could pay more than the asking price. 51.2% of homes here sold above asking price last month.
Summary: A total of 43 homes were sold or pending in Clarkston in October 2024, down by 33.8% month-over-month. Of the 43 sold homes, 40% were sold under asking, 9% were sold at asking, and 51% were sold over asking.
Days on Market for Clarkston, MI
How long does it take to sell a home in Clarkston, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 34 Days | +34.8% |
Summary: Homes in Clarkston had an average of 34 days on market in Oct 2024, up by 34.8% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clarkston are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 43 homes were sold in Clarkston; 60% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 5% 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.