Is Clinton, IA 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 March 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, IA

How much do homes in Clinton, IA cost?

Median Sold Price

$120,500

$78/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$15,500(+14.8%)

Key Takeaway

Homes in Clinton have sold for 14.8% more than they did a year ago.

Summary: The median home sold price in Clinton was $120,500 in March 2024, up 14.8% from last year, and the median price per square foot was $78.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $45.7K$38K
-16.9%
2 $78K$80K
+2.6%
3 $130K$133K
+2.3%
4 $137K$137.7K
0.5%
5+ $189.9K$225K
+18.5%

Summary: Clinton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.9%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 18.5%.

Median Sold Price Compared To Nearby Cities

Clinton
+14.8%
Camanche
+3.2%
Camanche Township
+3.2%

Housing Supply in Clinton, IA

How many homes are available in Clinton, IA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
124122-1.6%

Summary: The Clinton real estate market had 122 homes for sale in March 2024, a 1.6% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 13
+200.0%
2 4034
-15.0%
3 5456
+3.7%
4 2121
0.0%
5+ 88
0.0%

Summary: The Clinton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 15%, 3 bedroom homes increased by 3.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2428+16.7%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 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. 67.9% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Clinton in March 2024, up by 16.7% month-over-month. Of the 28 sold homes, 68% were sold under asking, 14% were sold at asking, and 18% were sold over asking.

Days on Market for Clinton, IA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
45 Days76 Days+67.6%

Summary: Homes in Clinton had an average of 76 days on market in Mar 2024, up by 67.6% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

9 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 March 2024, 28 homes were sold in Clinton; 57% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 32% 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 24 Days Ago

Newest Listings in Clinton, IA

Nearby Markets to Clinton, IA

What housing markets are near Clinton, IA?