$9,261 Closing Credit*
$779,900
5,974 SqFt
4 Beds
•5 Full Baths, 1 Partial
Heidi J Heiderman, Listing Office: Coldwell Banker Realty
Is Clinton, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$440,875
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,875(+5.0%)
Key Takeaway
Homes in Clinton have sold for 5% more than they did a year ago.
Summary: The median home sold price in Clinton was $440,875 in October 2024, up 5% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $289.9K | $299K | +3.1% |
| 3 Bedrooms | $392K | $417.5K | +6.5% |
| 4 Bedrooms | $427K | $442K | +3.5% |
| 5+ Bedrooms | $477.5K | $512.5K | +7.3% |
Summary: Clinton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 7.3%.
Housing Supply in Clinton, MD
How many homes are available in Clinton, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 120 | 127 | +5.8% |
Summary: The Clinton real estate market had 127 homes for sale in October 2024, a 5.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 38 | 47 | +23.7% |
| 4 Bedrooms | 50 | 49 | -2.0% |
| 5+ Bedrooms | 28 | 26 | -7.1% |
Summary: The Clinton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 23.7%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 38 | +11.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clinton, you could pay more than the asking price. 44.7% of homes here sold above asking price last month.
Summary: A total of 38 homes were sold or pending in Clinton in October 2024, up by 11.8% month-over-month. Of the 38 sold homes, 26% were sold under asking, 29% were sold at asking, and 45% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 33 Days | +10.3% |
Summary: Homes in Clinton had an average of 33 days on market in Oct 2024, up by 10.3% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 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 October 2024, 38 homes were sold in Clinton; 74% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
