Is Clinton, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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, CT
How much do homes in Clinton, CT cost?
Median Sold Price
$415,000
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Clinton have sold for 11% more than they did a year ago.
Summary: The median home sold price in Clinton was $415,000 in May 2024, up 11% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $234.9K | +14.6% |
| 2 Bedrooms | $273.5K | $287.5K | +5.1% |
| 3 Bedrooms | $398.6K | $435K | +9.1% |
| 4 Bedrooms | $440K | $535K | +21.6% |
| 5+ Bedrooms | $723.5K | $779.1K | +7.7% |
Summary: Clinton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.6%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Killingworth | $445K | $525K | +18.0% |
| Clinton | $374K | $415K | +11.0% |
| Madison | $615K | $660K | +7.3% |
| Westbrook | $495K | $515K | +4.0% |
Housing Supply in Clinton, CT
How many homes are available in Clinton, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 54 | 52 | -3.7% |
Summary: The Clinton real estate market had 52 homes for sale in May 2024, a 3.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 13 | 9 | -30.8% |
| 3 Bedrooms | 20 | 23 | +15.0% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Clinton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30.8%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clinton, you could pay more than the asking price. 69.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Clinton in May 2024, down by 7.1% month-over-month. Of the 13 sold homes, 15% were sold under asking, 15% were sold at asking, and 69% were sold over asking.
Days on Market for Clinton, CT
We’re sorry, we don't have information for this market at the moment
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