Mount Clemens, MI—48043
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Clemens, MI
As of Oct '25, the median home price in Mount Clemens, MI is $173,000, with a year-over-year change of 5.7%. This indicates that home prices in Mount Clemens, MI are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $173,000 | 5.7% |
| Single Family | $178,000 | 5.3% |
| Condos | $103,000 | 3.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $155,000 | 8.4% |
2 Bed | $140,000 | 1.4% |
3 Bed | $196,000 | 2.6% |
4 Bed | $221,000 | 1.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mount Clemens, MI
As of July '25, Rentcast reports the average rent in Mount Clemens, MI is $1,100, with a year-over-year rent change of -7.6%. Per bedroom, the median rent as of July '25 in Mount Clemens, MI is studios: $750, 1-bedrooms: $907, 2-bedrooms: $1,270, 3-bedrooms: $1,700, 4-bedrooms: $1,700. The most common rental property sizes in Mount Clemens, MI are 1-bedroom and 2-bedroom, accounting for 39.3% and 23.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $999 | $1,100 |
| Studio Rent | $750 | $750 |
| 1 Bed Rent | $875 | $907 |
| 2 Bed Rent | $1,300 | $1,270 |
| 3 Bed Rent | $1,700 | $1,700 |
| 4 Bed Rent | $1,700 | $1,700 |
% of Rental Stock
Property Listings — Mount Clemens, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Clemens, MI is 24. This is a increase of 9.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $177,000 | -5.0% |
Listing Count | 59 | 1.0% |
| Listings as % of Homes | 0.4% | 1.0% |
Days on Market | 24 | 9.0% |
Demographics — Mount Clemens, MI
As of the latest ACS Survey released in 2023, Mount Clemens, MI has a population of 15,500, which has decreased by -5.3% over the past 5 years. Mount Clemens, MI is a moderately popular place for families, as children make up 15.7% of the population. The area has a poorly educated workforce, with 17.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,500 | -5.3% |
% Under 18 | 15.7% | -19.1% |
% Seniors | 17.7% | 20.4% |
% WFH | 6.6% | 88.6% |
% w/ College Degree | 17.8% | 7.9% |
As of the latest ACS Survey released in 2023, Mount Clemens, MI is a predominantly white area, with 64.9% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Mount Clemens, MI is black, making up 22.4% of the population. Foreign-born residents account for 2.4% of the population in Mount Clemens, MI, and this percentage has increased by 33.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 64.9% | -4.7% |
% Black | 22.4% | -11.5% |
% Hispanic | 3.6% | 56.5% |
% Asian | 0.3% | 0.0% |
% Foreign Born | 2.4% | 33.3% |
Mortgage and Risk — Mount Clemens, MI
According to HUD data as of 2023, there were 266 mortgage originations in Mount Clemens, MI, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Mount Clemens, MI. Investor activity is low, as 4.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 266 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Mount Clemens, MI
As of 2024, the percent of homes in Mount Clemens, MI under the Section 8 program is 24.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Mount Clemens, MI, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 931 |
Total Units Section 8 | 643 |
% Rentals under Section 8 | 24.6% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $45 | $875 | $920 |
| 2 Bedroom | -$130 | $1,300 | $1,170 |
| 3 Bedroom | -$260 | $1,700 | $1,440 |
| 4 Bedroom | -$150 | $1,700 | $1,550 |
Affordability — Mount Clemens, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $173,000 |
| Median Household Income | $57,300 |