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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clam Lake Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Clam Lake Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Clam Lake Township, MI

How much do homes in Clam Lake Township, MI cost?

Median Sold Price

$255,950

$128/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$4,000(+1.6%)

Key Takeaway

Homes in Clam Lake Township have sold for 1.6% more than they did a month ago.

Summary: The median home sold price in Clam Lake Township was $255,950 in April 2024, up 1.6% from last month, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $284K$149.9K
-47.2%
4 $219.9K-
N/A
5+ -$362K
N/A

Summary: Clam Lake Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 47.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Clam Lake Township
+1.6%
Haring Charter Township
-19.5%

Housing Supply in Clam Lake Township, MI

How many homes are available in Clam Lake Township, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
550.0%

Summary: The Clam Lake Township real estate market had 5 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Clam Lake Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clam Lake Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Clam Lake Township in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Clam Lake Township, MI

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

Average Sale Time

Mar 2024Apr 2024CHANGE
170 Days56 Days-66.9%

Summary: Homes in Clam Lake Township had an average of 56 days on market in Apr 2024, down by 66.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Clam Lake Township has remained consistent over time.

Summary: During April 2024, 2 homes were sold in Clam Lake Township; 0% of homes were sold within 30 days, 100% 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 Clam Lake Township, MI

Nearby Markets to Clam Lake Township, MI

What housing markets are near Clam Lake Township, MI?