Is Clinton, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clinton is a seller's market

Buyer's
Market

Difference Since September 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, TN

How much do homes in Clinton, TN cost?

Median Sold Price

$320,000

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$39,500(+14.1%)

Key Takeaway

Homes in Clinton have sold for 14.1% more than they did a year ago.

Summary: The median home sold price in Clinton was $320,000 in September 2024, up 14.1% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $269K-
N/A
2 $190K$230K
+21.1%
3 $290K$310K
+6.9%
4 $357K$398.9K
+11.7%
5+ $639K$525K
-17.8%

Summary: Clinton housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes decreased by 17.8%.

Median Sold Price Compared To Nearby Cities

Clinton
+14.1%
Andersonville
-1.2%

Housing Supply in Clinton, TN

How many homes are available in Clinton, TN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
99101+2.0%

Summary: The Clinton real estate market had 101 homes for sale in September 2024, a 2.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 910
+11.1%
3 5358
+9.4%
4 2824
-14.3%
5+ 88
0.0%

Summary: The Clinton housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2124+14.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clinton, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Clinton in September 2024, up by 14.3% month-over-month. Of the 24 sold homes, 54% were sold under asking, 25% were sold at asking, and 21% were sold over asking.

Days on Market for Clinton, TN

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

Average Sale Time

Sep 2023Sep 2024CHANGE
19 Days27 Days+37.9%

Summary: Homes in Clinton had an average of 27 days on market in Sep 2024, up by 37.9% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clinton are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 24 homes were sold in Clinton; 67% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 4% 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 30 Days Ago

Newest Listings in Clinton, TN

Nearby Markets to Clinton, TN

What housing markets are near Clinton, TN?