Is Clinton Hill, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clinton Hill is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Clinton Hill has remained a Buyer's Market.

Key Takeaway

Clinton Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Clinton Hill, NY

How much do homes in Clinton Hill, NY cost?

Median Sold Price

$995,000

$1,093/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$80,000(-7.4%)

Key Takeaway

Homes in Clinton Hill have sold for 7.4% less than they did a year ago.

Summary: The median home sold price in Clinton Hill was $995,000 in February 2024, down 7.4% from last year, and the median price per square foot was $1,093.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $728K$692.5K
-4.9%
2 $1.1M$1.1M
-3.8%
3 $1.3M$1.7M
+37.7%
4 $4.2M$3.4M
-19.3%
5+ $3.2M$3.1M
-2.3%

Summary: Clinton Hill housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.9%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 37.7%, 4 bedroom homes decreased by 19.3%, and 5+ bedroom homes decreased by 2.3%.

Median Sold Price Compared To Nearby Neighborhoods

Northwestern Brooklyn
+10.2%
Clinton Hill
-7.4%

Housing Supply in Clinton Hill, NY

How many homes are available in Clinton Hill, NY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
7978-1.3%

Summary: The Clinton Hill real estate market had 78 homes for sale in February 2024, a 1.3% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 3029
-3.3%
2 2624
-7.7%
3 810
+25.0%
4 34
+33.3%
5+ 1211
-8.3%

Summary: The Clinton Hill housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.3%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clinton Hill, expect to pay close to the asking price. 85.7% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Clinton Hill in February 2024, down by 22.2% month-over-month. Of the 7 sold homes, 0% were sold under asking, 86% were sold at asking, and 14% were sold over asking.

Days on Market for Clinton Hill, NY

How long does it take to sell a home in Clinton Hill, NY?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Clinton Hill are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 7 homes were sold in Clinton Hill; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Clinton Hill, NY

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