Is Clyde Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clyde Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Clyde Township has remained a Seller's Market.

Key Takeaway

Clyde Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Clyde Township, MI

How much do homes in Clyde Township, MI cost?

Median Sold Price

$250,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$45,000(-15.3%)

Key Takeaway

Homes in Clyde Township have sold for 15.3% less than they did a year ago.

Summary: The median home sold price in Clyde Township was $250,000 in October 2024, down 15.3% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$65.2K
N/A
2 $184.9K$152.5K
-17.5%
3 $295K$259K
-12.2%
4 $328K$392K
+19.5%
5+ $559.6K$290K
-48.2%

Summary: Clyde Township 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 decreased by 17.5%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes decreased by 48.2%.

Median Sold Price Compared To Nearby Cities

Ganges Township
-0.4%
Fennville
-14.9%
Clyde Township
-15.3%

Housing Supply in Clyde Township, MI

How many homes are available in Clyde Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2728+3.7%

Summary: The Clyde Township real estate market had 28 homes for sale in October 2024, a 3.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 25
+150.0%
3 1113
+18.2%
4 85
-37.5%
5+ 55
0.0%

Summary: The Clyde Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clyde Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Clyde Township in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Clyde Township, MI

How long does it take to sell a home in Clyde Township, MI?

Average Sale Time

Oct 2023Oct 2024CHANGE
9 Days20 Days+109.0%

Summary: Homes in Clyde Township had an average of 20 days on market in Oct 2024, up by 109% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clyde Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Clyde Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Clyde Township, MI

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