Is Clinton, IA 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, IA
How much do homes in Clinton, IA cost?
Median Sold Price
$119,500
$78/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Clinton have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Clinton was $119,500 in May 2024, up 8.5% from last year, and the median price per square foot was $78.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45.7K | $42.2K | -7.7% |
| 2 Bedrooms | $77.5K | $82.7K | +6.8% |
| 3 Bedrooms | $132K | $129K | -2.3% |
| 4 Bedrooms | $130K | $140.5K | +8.1% |
| 5+ Bedrooms | $197.4K | $296.7K | +50.3% |
Summary: Clinton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 6.8%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 50.3%.
Median Sold Price Compared To Nearby Cities
| Camanche | $177.7K | $197.4K | +11.1% |
| Camanche Township | $177.7K | $197.4K | +11.1% |
| Clinton | $110.1K | $119.5K | +8.5% |
Housing Supply in Clinton, IA
How many homes are available in Clinton, IA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 130 | 128 | -1.5% |
Summary: The Clinton real estate market had 128 homes for sale in May 2024, a 1.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 39 | 42 | +7.7% |
| 3 Bedrooms | 55 | 50 | -9.1% |
| 4 Bedrooms | 26 | 27 | +3.8% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Clinton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 24 | -14.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
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 May 2024, down by 14.3% month-over-month. Of the 24 sold homes, 54% were sold under asking, 17% were sold at asking, and 29% were sold over asking.
Days on Market for Clinton, IA
How long does it take to sell a home in Clinton, IA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 28 Days | 52 Days | +85.3% |
Summary: Homes in Clinton had an average of 52 days on market in May 2024, up by 85.3% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clinton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 24 homes were sold in Clinton; 71% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.