Mount Clemens, MI


Highest Appreciating Mount Clemens Neighborhoods Since 2000

Mount Clemens, MI Real Estate Data

Mount Clemens Housing Market Information

With a population of 16,400, 6,893 total housing units (homes and apartments), and a median house value of $103,266, house prices in Mount Clemens are solidly below the national average.

Single-family detached homes are the single most common housing type in Mount Clemens, accounting for 58.63% of the city's housing units. Other types of housing that are prevalent in Mount Clemens include large apartment complexes or high rise apartments ( 21.27%), duplexes, homes converted to apartments or other small apartment buildings ( 11.44%), and a few row houses and other attached homes ( 6.50%).

People in Mount Clemens primarily live in small (one, two or no bedroom) single-family detached homes. Mount Clemens has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Mount Clemens's housing was primarily built during this period, from the '40s through the '60s. A full 43.47% of the city's housing hails from this era. Other housing ages represented in Mount Clemens include homes built before 1939 ( 32.47%) and housing constructed between 1970-1999 ( 19.93%). There's also some housing in Mount Clemens built between 2000 and later ( 4.13%).

Vacant housing appears to be an issue in Mount Clemens. Fully 13.45% of the housing stock is classified as vacant. Left unchecked, vacant Mount Clemens homes and apartments can be a drag on the real estate market, holding Mount Clemens real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Mount Clemens Home Appreciation Rates

Homes have actually lost value in Mount Clemens over the last then years, as home values have seen a decline of 30.22% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Mount Clemens home appreciation rates at 1.97%, which equates to an annual appreciation rate of 8.12%.

Over the last year, Mount Clemens appreciation rates have trailed the rest of the nation. In the last twelve months, Mount Clemens's appreciation rate has been 3.96%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mount Clemens were at 1.97%, which equates to an annual appreciation rate of 8.12%.

Relative to Michigan, our data show that Mount Clemens's latest annual appreciation rate is lower than 70% of the other cities and towns in Michigan.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Mount Clemens differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Mount Clemens - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Mount Clemens real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Mount Clemens, MI HOME PRICES

Value Range
> $1,386,000 0.0
$1,039,001 - $1,386,000 0.2
$693,001 - $1,039,000 0.0
$554,001 - $693,000 0.0
$416,001 - $554,000 0.5
$277,001 - $416,000 3.5
$139,001 - $277,000 25.2
$69,001 - $139,000 41.2
$0 - $69,000 29.5

Low for MI
Low for Nation

Value Relative to Nation Value Relative to State
76.7582128008432 74.0384615384615

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$823 / per month

Homeownership Rate

Owners 52.12
Renters 47.88
Vacant 13.45

Housing Market Details


Age of Homes

AGE OF Mount Clemens HOMES
2000 or Newer 4.1
1970 - 1999 19.9
1940 - 1969 43.5
1939 or Older 32.5

Types of Homes

TYPE OF Mount Clemens HOMES
Single-Family 58.6
Townhomes 6.5
Small Apt. Buildings 11.4
Apt. Complexes 21.3
Mobile Homes 2.2
Other 0.0

Home Size

SIZE OF Mount Clemens HOMES
No Bedroom 4.23
1 Bedroom 21.26
2 Bedrooms 24.25
3 Bedrooms 37.22
4 Bedrooms 10.95
5 or more bedrooms 2.10

Mount Clemens Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
-22.14% -1.46% 1 1
* 10 is highest