Anthony Lombardo, Listing Office: Lombardo Realty
Macomb Housing Market Report December 2024•Macomb County, Michigan
Housing Prices in Macomb, MI
How much do homes in Macomb, MI cost?
Housing Market Conditions
Is Macomb, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Macomb is a Seller's Market
Difference Since December 2023
Since last year, Macomb has remained a Seller's Market.
Macomb is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Macomb have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Macomb was $444,000 in December 2024, up 3.5% from last year, and the median price per square foot was $183.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Clinton Township | $224.9K | $249.9K | +11.1% |
Clinton Charter Township | $225K | $250K | +11.1% |
Shelby Charter Township | $339.9K | $357K | +5.0% |
Macomb Township | $428.3K | $443.6K | +3.6% |
Macomb | $428.9K | $444K | +3.5% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $255K | $281.5K | +10.4% |
33 Bedrooms | $385K | $420K | +9.1% |
44 Bedrooms | $503K | $532.4K | +5.9% |
55+ Bedrooms | $540K | $550K | +1.9% |
Summary: Macomb housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +10.4%. The home price for 3 bedroom homes increased by +9.1%. The home price for 4 bedroom homes increased by +5.9%. The home price for 5 bedroom homes increased by +1.9%.
Housing supply in Macomb, MI
How many homes are available in Macomb, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
226Last MonthDec 2024 | ||
2722 months agoNov 2024 | -16.9 % Change MoMNov – Dec |
Summary: The Macomb real estate market had 226 homes for sale in Dec 2024, a 16.9 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
64Last MonthDec 2024 | ||
772 months agoNov 2024 | -16.9 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 48 | 37 | -22.9% |
33 Bedrooms | 94 | 75 | -20.2% |
44 Bedrooms | 115 | 105 | -8.7% |
55+ Bedrooms | 15 | 9 | -40.0% |
Summary: Macomb housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -22.9%. The inventory for 3 bedroom homes decreased by -20.2%. The inventory for 4 bedroom homes decreased by -8.7%. The inventory for 5 bedroom homes decreased by -40.0%.
Asking Price vs. Sold Price
How much do homes in Macomb, MI cost?
Over Asking Price18 Homes
At Asking Price19 Homes
Under Asking Price27 Homes
If you're buying a home in Macomb, you may be able to get a good deal. 42.2% of homes here sold below asking price last month.
Summary: A total of 64 homes were sold or pending in Macomb in December 2024, down by 16.9% month-over-month. Of the 64 sold homes, 42% were sold under asking, 30% were sold at asking, and and 28% were sold over asking.
Days on Market for Macomb, MI
How long does it take to sell a home in Macomb, MI?
Breakdown of Home Sale Times
Under 30 Days42 Homes
30 – 90 Days19 Homes
Over 90 Days3 Homes
Many homes in Macomb are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 64 homes were sold in Macomb; 66% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
28 DaysThis YearDec 2024 | ||
46 Days1 year agoDec 2023 | -38.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Macomb had an average listing age of 28 days in Dec 2024, down by 38.9% compared to the previous year.
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Newest Listings in Macomb, MI
What homes are available in Macomb, MI?
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Based on information from RealComp II Ltd., and MiRealSource Inc. DL for the period 01/01/2023 - 01/01/2025
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Last updated on: 1/17/2025, 11:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.