$2,945 Closing Credit*
$248,000
2,112 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jesse M England, Listing Office: REMAX Right Choice
Is Clio, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Clio has remained a Seller's Market.
Key Takeaway
Clio is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clio, MI
How much do homes in Clio, MI cost?
Median Sold Price
$208,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,250(+4.7%)
Key Takeaway
Homes in Clio have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Clio was $208,000 in November 2024, up 4.7% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $79.9K | $88K | +10.1% |
| 2 Bedrooms | $191K | $190K | -0.5% |
| 3 Bedrooms | $188.7K | $190K | +0.7% |
| 4 Bedrooms | $210K | $254.9K | +21.4% |
| 5+ Bedrooms | $236.9K | $415K | +75.2% |
Summary: Clio housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 75.2%.
Median Sold Price Compared To Nearby Cities
| Clio | $198.7K | $208K | +4.7% |
| Vienna Charter Township | $215.1K | $225K | +4.6% |
Housing Supply in Clio, MI
How many homes are available in Clio, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 104 | 98 | -5.8% |
Summary: The Clio real estate market had 98 homes for sale in November 2024, a 5.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 23 | 24 | +4.3% |
| 3 Bedrooms | 55 | 49 | -10.9% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Clio housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 19 | -26.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clio, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Clio in November 2024, down by 26.9% month-over-month. Of the 19 sold homes, 63% were sold under asking, 26% were sold at asking, and 11% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 47 Days | +235.7% |
Summary: Homes in Clio had an average of 47 days on market in Nov 2024, up by 235.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Clio has remained consistent over time.
Summary: During November 2024, 19 homes were sold in Clio; 42% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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