Is Clinton, MD 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 November 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, MD

How much do homes in Clinton, MD cost?

Median Sold Price

$450,000

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,617(+7.0%)

Key Takeaway

Homes in Clinton have sold for 7% more than they did a year ago.

Summary: The median home sold price in Clinton was $450,000 in November 2024, up 7% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $290K$305K
+5.2%
3 $393.5K$417.5K
+6.1%
4 $425K$450K
+5.9%
5+ $480K$510K
+6.3%

Summary: Clinton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 6.3%.

Housing Supply in Clinton, MD

How many homes are available in Clinton, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
118104-11.9%

Summary: The Clinton real estate market had 104 homes for sale in November 2024, a 11.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 4039
-2.5%
4 4941
-16.3%
5+ 2521
-16.0%

Summary: The Clinton 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 25%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes decreased by 16%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4127-34.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clinton, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in Clinton in November 2024, down by 34.1% month-over-month. Of the 27 sold homes, 26% were sold under asking, 30% were sold at asking, and 44% were sold over asking.

Days on Market for Clinton, MD

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

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days22 Days-4.1%

Summary: Homes in Clinton had an average of 22 days on market in Nov 2024, down by 4.1% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 November 2024, 27 homes were sold in Clinton; 74% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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