Is Clinton, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clinton is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Clinton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Clinton, MI

How much do homes in Clinton, MI cost?

Median Sold Price

$235,000

$162/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since March 2023.

Key Takeaway

The sold price of homes in Clinton has remained the same since last year.

Summary: The median home sold price in Clinton was $235,000 in March 2024, the same as last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $650K$125K
-80.8%
3 $236K$248K
+5.1%
4 $233K$235.5K
+1.1%
5+ $259K$257.2K
-0.7%

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 80.8%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 0.7%.

Median Sold Price Compared To Nearby Cities

Clinton
0.0%
Clinton Township
-6.4%

Housing Supply in Clinton, MI

How many homes are available in Clinton, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
13130.0%

Summary: The Clinton real estate market had 13 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 00
0.0%
3 67
+16.7%
4 55
0.0%
5+ 21
-50.0%

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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clinton, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Clinton in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Clinton, MI

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Clinton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Clinton; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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, MI

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