Is Clinton Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Clinton Township has remained a Seller's Market.
Housing Prices in Clinton Township, MI
How much do homes in Clinton Township, MI cost?
Median Sold Price
$233,158
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Clinton Township was $233,158 in June 2024, up 3.7% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $74.5K | $114K | +53.0% |
2 Bedrooms | $185.4K | $201.2K | +8.5% |
3 Bedrooms | $234.8K | $254K | +8.1% |
4 Bedrooms | $325K | $350.5K | +7.8% |
5+ Bedrooms | $374K | $356.5K | -4.7% |
Summary: Clinton Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 4.7%.
Median Sold Price Compared To Nearby Cities
Clinton Charter Township | $225K | $234K | +4.0% |
Clinton Township | $224.9K | $233.1K | +3.7% |
Harrison Charter Township | $205K | $210K | +2.4% |
Harrison Township | $237.9K | $236K | -0.8% |
Mount Clemens | $167.4K | $164K | -2.1% |
Housing Supply in Clinton Township, MI
How many homes are available in Clinton Township, MI?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
195 | 227 | +16.4% |
Summary: The Clinton Township real estate market had 227 homes for sale in June 2024, a 16.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 69 | 83 | +20.3% |
3 Bedrooms | 81 | 93 | +14.8% |
4 Bedrooms | 33 | 39 | +18.2% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Clinton Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 20.3%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
54 | 65 | +20.4% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Summary: A total of 65 homes were sold or pending in Clinton Township in June 2024, up by 20.4% month-over-month. Of the 65 sold homes, 28% were sold under asking, 14% were sold at asking, and 58% were sold over asking.
Days on Market for Clinton Township, MI
How long does it take to sell a home in Clinton Township, MI?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
16 Days | 24 Days | +51.5% |
Summary: Homes in Clinton Township had an average of 24 days on market in Jun 2024, up by 51.5% compared to last year.
Breakdown of Home Sale Times
55 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During June 2024, 65 homes were sold in Clinton Township; 85% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.