Is Clinton, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Clinton has remained a Seller's Market.
Key Takeaway
Clinton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clinton, NJ
How much do homes in Clinton, NJ cost?
Median Sold Price
$388,500
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Clinton have sold for 8.6% less than they did a year ago.
Summary: The median home sold price in Clinton was $388,500 in April 2024, down 8.6% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $250K | +19.0% |
| 2 Bedrooms | $270K | $322K | +19.3% |
| 3 Bedrooms | $426K | $490.5K | +15.1% |
| 4 Bedrooms | $634K | $589.5K | -7.0% |
| 5+ Bedrooms | $767.5K | $940K | +22.5% |
Summary: Clinton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 19.3%, 3 bedroom homes increased by 15.1%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes increased by 22.5%.
Median Sold Price Compared To Nearby Cities
| Franklin Township | $304K | $410.3K | +35.0% |
| Union Township | $480K | $516.1K | +7.5% |
| Clinton Township | $471K | $471.8K | 0.2% |
| Annandale | $431.3K | $423.2K | -1.9% |
| Clinton | $425K | $388.5K | -8.6% |
Housing Supply in Clinton, NJ
How many homes are available in Clinton, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 29 | +7.4% |
Summary: The Clinton real estate market had 29 homes for sale in April 2024, a 7.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 8 | -11.1% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Clinton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 9 | +125.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clinton, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Clinton in April 2024, up by 125.0% month-over-month. Of the 9 sold homes, 0% were sold under asking, 22% were sold at asking, and 78% were sold over asking.
Days on Market for Clinton, NJ
We’re sorry, we don't have information for this market at the moment
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