Is Clare, MI 48617 a buyer’s or seller’s market?
Clare is a seller’s market. With about 2.4 months of supply and 17% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 51% of U.S. ZIP codes, and #348 of 510 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Clare housing market right now
In the three months ending August 31, 2026, 17% of homes in Clare, MI 48617 sold above their list price, the typical home went under contract in 41 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 25 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 39%, homes sold more slowly (20 days then) and the median sale price rose 6% to $200,501. Overall, Clare is less competitive than a year ago, which gives buyers more room.
On our competition score, Clare ranks #348 of 510 MI ZIP codes with enough sales (score 50 out of 100).
Nearby, Farwell 48622 (31% sold over asking) and Lake 48632 (23% sold over asking) are even more competitive.
Run the numbers for 48617
Nearby markets
Farwell 48622Seller’s market $135 /sq ftHarrison 48625Seller’s market $135 /sq ftLake 48632Balanced $158 /sq ft Browse all markets →Towns like Clare nearby
Find towns like Clare in other states →Where Clare is
Loading map…
Questions about Clare real estate
Is Clare a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Clare, MI 48617 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Clare?
The typical home went under contract in 41 days in the latest three months.
Do homes in Clare sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.
What are property taxes in Clare?
About 1.11% of a home’s value a year in Clare County, or roughly $4,440 on a $400,000 home.
What is the median home price in Clare?
The median sale price was $200,501 in the three months ending August 31, 2026, about $148 per square foot.
Local agents
See all agents in 48617 →No sponsored agents in 48617 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 48617
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology