Is Clinton Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Clinton Township has remained a Seller's Market.
Housing Prices in Clinton Township, MI
How much do homes in Clinton Township, MI cost?
Median Sold Price
$230,250
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Clinton Township was $230,250 in April 2024, up 0.4% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $74.5K | $116K | +55.7% |
2 Bedrooms | $191.2K | $190K | -0.7% |
3 Bedrooms | $243K | $255.7K | +5.2% |
4 Bedrooms | $325K | $338.5K | +4.2% |
5+ Bedrooms | $363K | $360K | -0.8% |
Summary: Clinton Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.7%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 0.8%.
Median Sold Price Compared To Nearby Cities
Harrison Township | $229.9K | $249K | +8.3% |
Mount Clemens | $165K | $170K | +3.0% |
Harrison Charter Township | $207K | $210K | +1.4% |
Clinton Township | $229.2K | $230.2K | 0.4% |
Clinton Charter Township | $230K | $230.5K | 0.2% |
Housing Supply in Clinton Township, MI
How many homes are available in Clinton Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
171 | 207 | +21.1% |
Summary: The Clinton Township real estate market had 207 homes for sale in April 2024, a 21.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 58 | 73 | +25.9% |
3 Bedrooms | 80 | 90 | +12.5% |
4 Bedrooms | 24 | 35 | +45.8% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Clinton Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 45.8%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 74 | +45.1% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Summary: A total of 74 homes were sold or pending in Clinton Township in April 2024, up by 45.1% month-over-month. Of the 74 sold homes, 38% were sold under asking, 11% were sold at asking, and 51% were sold over asking.
Days on Market for Clinton Township, MI
How long does it take to sell a home in Clinton Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 21 Days | -57.5% |
Summary: Homes in Clinton Township had an average of 21 days on market in Apr 2024, down by 57.5% compared to last year.
Breakdown of Home Sale Times
59 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 74 homes were sold in Clinton Township; 80% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.