Is Clinton Township, NJ 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 Township has remained a Seller's Market.
Key Takeaway
Clinton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clinton Township, NJ
How much do homes in Clinton Township, NJ cost?
Median Sold Price
$475,000
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Clinton Township have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Clinton Township was $475,000 in March 2024, up 4.4% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $241.5K | +15.0% |
| 2 Bedrooms | $292.5K | $335K | +14.5% |
| 3 Bedrooms | $480K | $503.3K | +4.9% |
| 4 Bedrooms | $650K | $700K | +7.7% |
| 5+ Bedrooms | $732.5K | $990K | +35.2% |
Summary: Clinton Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 35.2%.
Median Sold Price Compared To Nearby Cities
| Franklin Township | $345.1K | $410.7K | +19.0% |
| Clinton | $389K | $435K | +11.8% |
| Lebanon | $608.5K | $667K | +9.6% |
| Clinton Township | $455K | $475K | +4.4% |
| Annandale | $425K | $419.5K | -1.3% |
Housing Supply in Clinton Township, NJ
How many homes are available in Clinton Township, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 54 | 61 | +13.0% |
Summary: The Clinton Township real estate market had 61 homes for sale in March 2024, a 13.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 15 | +50.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Clinton Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clinton Township, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Clinton Township in March 2024, up by 10.0% month-over-month. Of the 11 sold homes, 27% were sold under asking, 0% were sold at asking, and 73% were sold over asking.
Days on Market for Clinton Township, NJ
We’re sorry, we don't have information for this market at the moment
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