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 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, MI

How much do homes in Clinton Township, MI cost?

Median Sold Price

$250,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$26,795(+12.0%)

Key Takeaway

Homes in Clinton Township have sold for 12% more than they did a year ago.

Summary: The median home sold price in Clinton Township was $250,000 in November 2024, up 12% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $113.5K$62.5K
-44.9%
2 $190K$211.5K
+11.3%
3 $230K$265.8K
+15.6%
4 $320K$360.9K
+12.8%
5+ $382.5K$360K
-5.9%

Summary: Clinton Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.9%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes decreased by 5.9%.

Median Sold Price Compared To Nearby Cities

Clinton Township
+12.0%
Clinton Charter Township
+11.3%
Harrison Township
+11.1%
Mount Clemens
+9.1%
Harrison Charter Township
+0.9%

Housing Supply in Clinton Township, MI

How many homes are available in Clinton Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
317303-4.4%

Summary: The Clinton Township real estate market had 303 homes for sale in November 2024, a 4.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 66
0.0%
2 117105
-10.3%
3 127127
0.0%
4 5754
-5.3%
5+ 1011
+10.0%

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 10.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
10777-28.0%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

28 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. 41.6% of homes here sold below asking price last month.

Summary: A total of 77 homes were sold or pending in Clinton Township in November 2024, down by 28.0% month-over-month. Of the 77 sold homes, 42% were sold under asking, 22% were sold at asking, and 36% 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

Nov 2023Nov 2024CHANGE
22 Days28 Days+25.1%

Summary: Homes in Clinton Township had an average of 28 days on market in Nov 2024, up by 25.1% compared to last year.

Breakdown of Home Sale Times

53 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

6 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, 77 homes were sold in Clinton Township; 69% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 8% 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

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