Is Clinton, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Clinton has remained a Seller's Market.
Housing Prices in Clinton, TN
How much do homes in Clinton, TN cost?
Median Sold Price
$305,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Clinton was $305,000 in May 2024, up 11.4% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $269K | N/A |
2 Bedrooms | $190K | $220K | +15.8% |
3 Bedrooms | $288.3K | $302.5K | +4.9% |
4 Bedrooms | $340K | $366.2K | +7.7% |
5+ Bedrooms | $624.5K | $620K | -0.7% |
Summary: Clinton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Cities
Clinton | $273.6K | $305K | +11.4% |
Andersonville | $435K | $429.7K | -1.2% |
Housing Supply in Clinton, TN
How many homes are available in Clinton, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
99 | 90 | -9.1% |
Summary: The Clinton real estate market had 90 homes for sale in May 2024, a 9.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 6 | -50.0% |
3 Bedrooms | 59 | 55 | -6.8% |
4 Bedrooms | 21 | 23 | +9.5% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Clinton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 30 | +7.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Clinton in May 2024, up by 7.1% month-over-month. Of the 30 sold homes, 33% were sold under asking, 37% were sold at asking, and 30% were sold over asking.
Days on Market for Clinton, TN
How long does it take to sell a home in Clinton, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 34 Days | +70.9% |
Summary: Homes in Clinton had an average of 34 days on market in May 2024, up by 70.9% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 30 homes were sold in Clinton; 77% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.