Is Clinton, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clinton is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Clinton has remained a Seller's Market.

Key Takeaway

Clinton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Clinton, IL

How much do homes in Clinton, IL cost?

Median Sold Price

$132,750

$91/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$37,750(+39.7%)

Key Takeaway

Homes in Clinton have sold for 39.7% more than they did a year ago.

Summary: The median home sold price in Clinton was $132,750 in April 2024, up 39.7% from last year, and the median price per square foot was $91.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $43K$37.5K
-12.8%
2 $81.9K$81.2K
-0.9%
3 $109.5K$152K
+38.8%
4 $126.2K$200K
+58.4%
5+ $168.7K$217K
+28.6%

Summary: Clinton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.8%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 38.8%, 4 bedroom homes increased by 58.4%, and 5+ bedroom homes increased by 28.6%.

Median Sold Price Compared To Nearby Cities

Clinton
+39.7%
Clintonia Township
+18.6%

Housing Supply in Clinton, IL

How many homes are available in Clinton, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1722+29.4%

Summary: The Clinton real estate market had 22 homes for sale in April 2024, a 29.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 710
+42.9%
3 78
+14.3%
4 32
-33.3%
5+ 02
+100.0%

Summary: The Clinton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
38+166.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clinton, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Clinton in April 2024, up by 166.7% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.

Days on Market for Clinton, IL

How long does it take to sell a home in Clinton, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
87 Days21 Days-75.5%

Summary: Homes in Clinton had an average of 21 days on market in Apr 2024, down by 75.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clinton are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in Clinton; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

Newest Listings in Clinton, IL

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