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 March 2023

At the same time last year, Clinton was a Neutral 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

$135,000

$91/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$40,000(+42.1%)

Key Takeaway

Homes in Clinton have sold for 42.1% more than they did a year ago.

Summary: The median home sold price in Clinton was $135,000 in March 2024, up 42.1% from last year, and the median price per square foot was $91.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $43K$37.5K
-12.8%
2 $84K$79.9K
-4.9%
3 $106.9K$182.5K
+70.6%
4 $135K$192.5K
+42.6%
5+ $168.7K$217K
+28.6%

Summary: Clinton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.8%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 70.6%, 4 bedroom homes increased by 42.6%, and 5+ bedroom homes increased by 28.6%.

Median Sold Price Compared To Nearby Cities

Clinton
+42.1%
Clintonia Township
+15.9%

Housing Supply in Clinton, IL

How many homes are available in Clinton, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
15150.0%

Summary: The Clinton real estate market had 15 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 25
+150.0%
3 97
-22.2%
4 43
-25.0%
5+ 00
0.0%

Summary: The Clinton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Clinton in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Mar 2023Mar 2024CHANGE
69 Days13 Days-81.3%

Summary: Homes in Clinton had an average of 13 days on market in Mar 2024, down by 81.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 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 March 2024, 3 homes were sold in Clinton; 100% of homes were sold within 30 days, 0% 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 25 Days Ago

Newest Listings in Clinton, IL

Nearby Markets to Clinton, IL

What housing markets are near Clinton, IL?