Is Clinton Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Clinton Charter Township has remained a Seller's Market.
Housing Prices in Clinton Charter Township, MI
How much do homes in Clinton Charter Township, MI cost?
Median Sold Price
$229,633
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Clinton Charter Township was $229,633 in February 2024, down 0.3% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $63.2K | $117K | +85.0% |
2 Bedrooms | $183.3K | $190K | +3.6% |
3 Bedrooms | $242.7K | $248K | +2.2% |
4 Bedrooms | $310K | $320K | +3.2% |
5+ Bedrooms | $352K | $370K | +5.1% |
Summary: Clinton Charter Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 85%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
Harrison Township | $220K | $250K | +13.6% |
Clinton Charter Township | $230.2K | $229.6K | -0.3% |
Clinton Township | $229.8K | $228.5K | -0.6% |
Harrison Charter Township | $200K | $195K | -2.5% |
Mount Clemens | $169.9K | $157K | -7.6% |
Housing Supply in Clinton Charter Township, MI
How many homes are available in Clinton Charter Township, MI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
210 | 225 | +7.1% |
Summary: The Clinton Charter Township real estate market had 225 homes for sale in February 2024, a 7.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 75 | 81 | +8.0% |
3 Bedrooms | 89 | 99 | +11.2% |
4 Bedrooms | 28 | 29 | +3.6% |
5+ Bedrooms | 17 | 15 | -11.8% |
Summary: The Clinton Charter Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 11.8%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
57 | 65 | +14.0% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 65 homes were sold or pending in Clinton Charter Township in February 2024, up by 14.0% month-over-month. Of the 65 sold homes, 49% were sold under asking, 20% were sold at asking, and 31% were sold over asking.
Days on Market for Clinton Charter Township, MI
How long does it take to sell a home in Clinton Charter Township, MI?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
14 Days | 33 Days | +132.3% |
Summary: Homes in Clinton Charter Township had an average of 33 days on market in Feb 2024, up by 132.3% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During February 2024, 65 homes were sold in Clinton Charter Township; 58% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.