Is Clinton Township, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clinton Township is a seller's market

Buyer's
Market

Difference Since November 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, IA

How much do homes in Clinton Township, IA cost?

Median Sold Price

$132,755

$85/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,755(+7.1%)

Key Takeaway

Homes in Clinton Township have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Clinton Township was $132,755 in November 2024, up 7.1% from last year, and the median price per square foot was $85.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $38K$49.6K
+30.5%
2 $81.2K$83K
+2.2%
3 $133K$139.4K
+4.8%
4 $157.5K$179.9K
+14.2%
5+ $219.9K$298.5K
+35.7%

Summary: Clinton Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.5%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 35.7%.

Median Sold Price Compared To Nearby Cities

Monroe Township
+7.7%
Cedar Rapids
+7.3%
Clinton Township
+7.1%

Housing Supply in Clinton Township, IA

How many homes are available in Clinton Township, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
139144+3.6%

Summary: The Clinton Township real estate market had 144 homes for sale in November 2024, a 3.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 3635
-2.8%
3 5665
+16.1%
4 3430
-11.8%
5+ 1213
+8.3%

Summary: The Clinton Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 16.1%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3426-23.5%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clinton Township, you may be able to get a good deal. 73.1% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Clinton Township in November 2024, down by 23.5% month-over-month. Of the 26 sold homes, 73% were sold under asking, 12% were sold at asking, and 15% were sold over asking.

Days on Market for Clinton Township, IA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days85 Days+300.1%

Summary: Homes in Clinton Township had an average of 85 days on market in Nov 2024, up by 300.1% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 26 homes were sold in Clinton Township; 54% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 19% 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 20 Days Ago

Newest Listings in Clinton Township, IA

Nearby Markets to Clinton Township, IA

What housing markets are near Clinton Township, IA?