Foreclosure Homes in Clawson, MI 48017

Current Market Conditions in Clawson, MI

The real estate market in Clawson has seen competitive activity over the past few months. As of late 2023, home prices have remained relatively stable, with a modest increase due to the high demand for single-family homes in the area. The average days on the market have decreased, indicating a brisk pace of sales as buyers seek homes in this desirable location.

Inventories remain low, which has heightened competition among buyers, particularly for well-maintained homes in sought-after neighborhoods. The current market trend leans towards a seller's market, although seasonality may play a role in future inventory levels moving into the winter months.

Rent Prices In Clawson, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Clawson, MI, is on a rollercoaster ride. The average rent price in Clawson, MI, is $1,346.00. Indeed, when looking to rent in Clawson, MI, you can expect to pay as little as $760.00 or as much as $2,520.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Clawson, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.