$3,028 Closing Credit*
$255,000
2,010 SqFt
2 Full Baths
Mark Reling, Listing Office: MVPS Realtors
Is Mount Clemens, 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, Mount Clemens has remained a Seller's Market.
Key Takeaway
Mount Clemens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mount Clemens, MI
How much do homes in Mount Clemens, MI cost?
Median Sold Price
$182,250
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,250(+9.1%)
Key Takeaway
Homes in Mount Clemens have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Mount Clemens was $182,250 in November 2024, up 9.1% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $56K | $70K | +25.0% |
| 2 Bedrooms | $119K | $130K | +9.2% |
| 3 Bedrooms | $177.7K | $196.5K | +10.5% |
| 4 Bedrooms | $171K | $202.5K | +18.4% |
| 5+ Bedrooms | $222K | $267.5K | +20.5% |
Summary: Mount Clemens housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 20.5%.
Median Sold Price Compared To Nearby Cities
| Clinton Township | $223.2K | $250K | +12.0% |
| Clinton Charter Township | $224.5K | $250K | +11.3% |
| Harrison Township | $247.6K | $275K | +11.1% |
| Mount Clemens | $167K | $182.2K | +9.1% |
| Harrison Charter Township | $185K | $186.7K | +0.9% |
Housing Supply in Mount Clemens, MI
How many homes are available in Mount Clemens, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 60 | -4.8% |
Summary: The Mount Clemens real estate market had 60 homes for sale in November 2024, a 4.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 33 | 31 | -6.1% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Mount Clemens housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Clemens, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Mount Clemens in November 2024, up by 6.7% month-over-month. Of the 16 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Mount Clemens, MI
How long does it take to sell a home in Mount Clemens, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 34 Days | +71.8% |
Summary: Homes in Mount Clemens had an average of 34 days on market in Nov 2024, up by 71.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mount Clemens are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in Mount Clemens; 50% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 6% 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.