Is Clinton Township, MI 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 October 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, MI

How much do homes in Clinton Township, MI cost?

Median Sold Price

$250,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+11.1%)

Key Takeaway

Homes in Clinton Township have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Clinton Township was $250,000 in October 2024, up 11.1% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $118.5K$84K
-29.1%
2 $190.7K$210.6K
+10.4%
3 $230K$265.2K
+15.3%
4 $316K$363K
+14.9%
5+ $379.5K$356.5K
-6.1%

Summary: Clinton Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.1%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes decreased by 6.1%.

Median Sold Price Compared To Nearby Cities

Harrison Township
+22.3%
Clinton Township
+11.1%
Clinton Charter Township
+11.1%
Harrison Charter Township
+2.6%
Mount Clemens
+0.6%

Housing Supply in Clinton Township, MI

How many homes are available in Clinton Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
306324+5.9%

Summary: The Clinton Township real estate market had 324 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 47
+75.0%
2 122114
-6.6%
3 128132
+3.1%
4 4560
+33.3%
5+ 711
+57.1%

Summary: The Clinton Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 57.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
91102+12.1%

Asking Price vs. Sold Price

51 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

33 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. 50% of homes here sold below asking price last month.

Summary: A total of 102 homes were sold or pending in Clinton Township in October 2024, up by 12.1% month-over-month. Of the 102 sold homes, 50% were sold under asking, 18% were sold at asking, and 32% were sold over asking.

Days on Market for Clinton Township, MI

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

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days25 Days+4.8%

Summary: Homes in Clinton Township had an average of 25 days on market in Oct 2024, up by 4.8% compared to last year.

Breakdown of Home Sale Times

78 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

4 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 October 2024, 102 homes were sold in Clinton Township; 76% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 4% 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, MI

Nearby Markets to Clinton Township, MI

What housing markets are near Clinton Township, MI?