Is Clinton, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Clinton was a Seller's Market.
Housing Prices in Clinton, MD
How much do homes in Clinton, MD cost?
Median Sold Price
$430,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Clinton was $430,000 in March 2024, up 6.4% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $299.9K | $299K | -0.3% |
3 Bedrooms | $368K | $400K | +8.7% |
4 Bedrooms | $410K | $430K | +4.9% |
5+ Bedrooms | $455K | $511.7K | +12.5% |
Summary: Clinton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 12.5%.
Housing Supply in Clinton, MD
How many homes are available in Clinton, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
177 | 170 | -4.0% |
Summary: The Clinton real estate market had 170 homes for sale in March 2024, a 4.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 49 | 48 | -2.0% |
4 Bedrooms | 80 | 69 | -13.8% |
5+ Bedrooms | 44 | 48 | +9.1% |
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 33.3%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 19 | -36.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Clinton in March 2024, down by 36.7% month-over-month. Of the 19 sold homes, 21% were sold under asking, 32% were sold at asking, and 47% were sold over asking.
Days on Market for Clinton, MD
How long does it take to sell a home in Clinton, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 34 Days | +11.8% |
Summary: Homes in Clinton had an average of 34 days on market in Mar 2024, up by 11.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in Clinton; 68% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.