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 March 2023
Since last year, Clinton Charter Township has remained a Seller's Market.
Key Takeaway
Clinton Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clinton Charter Township, MI
How much do homes in Clinton Charter Township, MI cost?
Median Sold Price
$229,900
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Clinton Charter Township have sold for 0.5% less than they did a year ago.
Summary: The median home sold price in Clinton Charter Township was $229,900 in March 2024, down 0.5% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $63.2K | $117K | +85.0% |
| 2 Bedrooms | $187K | $191K | +2.1% |
| 3 Bedrooms | $245K | $247K | +0.8% |
| 4 Bedrooms | $313.7K | $321.5K | +2.5% |
| 5+ Bedrooms | $352K | $360K | +2.3% |
Summary: Clinton Charter Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 85%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 2.3%.
Median Sold Price Compared To Nearby Cities
| Harrison Township | $225K | $250K | +11.1% |
| Harrison Charter Township | $200K | $214K | +7.0% |
| Clinton Charter Township | $231.1K | $229.9K | -0.5% |
| Clinton Township | $230K | $228.7K | -0.5% |
| Mount Clemens | $169.9K | $160K | -5.8% |
Housing Supply in Clinton Charter Township, MI
How many homes are available in Clinton Charter Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 158 | 190 | +20.3% |
Summary: The Clinton Charter Township real estate market had 190 homes for sale in March 2024, a 20.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 51 | 62 | +21.6% |
| 3 Bedrooms | 68 | 88 | +29.4% |
| 4 Bedrooms | 26 | 29 | +11.5% |
| 5+ Bedrooms | 12 | 9 | -25.0% |
Summary: The Clinton Charter Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 21.6%, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 38 | 57 | +50.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clinton Charter Township, you could pay more than the asking price. 54.4% of homes here sold above asking price last month.
Summary: A total of 57 homes were sold or pending in Clinton Charter Township in March 2024, up by 50.0% month-over-month. Of the 57 sold homes, 35% were sold under asking, 11% were sold at asking, and 54% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 86 Days | 31 Days | -64.0% |
Summary: Homes in Clinton Charter Township had an average of 31 days on market in Mar 2024, down by 64% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clinton Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 57 homes were sold in Clinton Charter Township; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.