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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clinton Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Clinton Township, IL

How much do homes in Clinton Township, IL cost?

Median Sold Price

$153,900

$99/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$23,600(-13.3%)

Key Takeaway

Homes in Clinton Township have sold for 13.3% less than they did a year ago.

Summary: The median home sold price in Clinton Township was $153,900 in April 2024, down 13.3% from last year, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$37.5K
N/A
2 $105.5K$87K
-17.5%
3 $213.7K$189.5K
-11.3%
4 $185K$211K
+14.1%
5+ $405K$217K
-46.4%

Summary: Clinton Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.5%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes decreased by 46.4%.

Median Sold Price Compared To Nearby Cities

Waterman
+20.4%
Squaw Grove Township
+17.1%
Clinton Township
-13.3%

Housing Supply in Clinton Township, IL

How many homes are available in Clinton Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2128+33.3%

Summary: The Clinton Township real estate market had 28 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 811
+37.5%
3 1011
+10.0%
4 34
+33.3%
5+ 02
+100.0%

Summary: The Clinton Township 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 37.5%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
410+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clinton Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Clinton Township in April 2024, up by 150.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.

Days on Market for Clinton Township, IL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
79 Days26 Days-67.1%

Summary: Homes in Clinton Township had an average of 26 days on market in Apr 2024, down by 67.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 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 Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 10 homes were sold in Clinton Township; 60% of homes were sold within 30 days, 40% 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 9 Days Ago

Newest Listings in Clinton Township, IL

Nearby Markets to Clinton Township, IL