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 August 2022
Since last year, Clinton Charter Township has remained a Seller's Market.
Housing Prices
How much do homes in Clinton Charter Township, MI cost?
Median Sold Price
$228,571
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Summary: The median home sold price in Clinton Charter Township was $228,571 in August 2023, up 4% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $89.9K | $74.5K | -17.1% |
2 Bedrooms | $166.3K | $190K | +14.2% |
3 Bedrooms | $234.8K | $249.2K | +6.2% |
4 Bedrooms | $329.5K | $325K | -1.4% |
5+ Bedrooms | $370K | $367K | -0.8% |
Summary: Clinton Charter Township housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 17.1%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 0.8%.
Median Sold Price Compared To Nearby Cities
Harrison Township | $219K | $235.5K | +7.5% |
Clinton Charter Township | $219.8K | $228.5K | +4.0% |
Clinton Township | $219.8K | $228.3K | +3.9% |
Mount Clemens | $166.4K | $163.8K | -1.6% |
Harrison Charter Township | $207.5K | $201.4K | -2.9% |
Housing Supply
How many homes are available in Clinton Charter Township, MI?
Number of Homes For Sale
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
264 | 293 | +11.0% |
Summary: The Clinton Charter Township real estate market had 293 homes for sale in August 2023, a 11.0% increase compared to July 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 98 | 102 | +4.1% |
3 Bedrooms | 113 | 135 | +19.5% |
4 Bedrooms | 40 | 42 | +5.0% |
5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Clinton Charter Township housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
90 | 99 | +10.0% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
41 Homes Were Sold
Over Asking
Summary: A total of 99 homes were sold or pending in Clinton Charter Township in August 2023, up by 10.0% month-over-month. Of the 99 sold homes, 32% were sold under asking, 26% were sold at asking, and 41% were sold over asking.
Days on Market
How long does it take to sell a home in Clinton Charter Township, MI?
Average Sale Time
Aug 2022 | Aug 2023 | CHANGE |
---|---|---|
18 Days | 15 Days | -15.0% |
Summary: Homes in Clinton Charter Township had an average of 15 days on market in Aug 2023, down by 15% compared to last year.
Breakdown of Home Sale Times
88 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During August 2023, 99 homes were sold in Clinton Charter Township; 89% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.