Is Clarkston, MI 48348 a buyer’s or seller’s market?

The Clarkston housing market right now

In the three months ending August 31, 2026, 41% of homes in Clarkston, MI 48348 sold above their list price, the typical home went under contract in 18 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 111 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 52%, homes sold more slowly (16 days then) and the median sale price rose 7% to $519,775. Overall, Clarkston is less competitive than a year ago, which gives buyers more room.

Within Oakland County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 64%. On our competition score, Clarkston ranks #137 of 510 MI ZIP codes with enough sales (score 76 out of 100).

Nearby, buyers who want less competition could look at Oxford 48370 (0% sold over asking) or Southfield 48034 (16% sold over asking), while Huntington Woods 48070 (74% sold over asking) and Pleasant Ridge 48069 (54% sold over asking) are even more competitive.