Is Clinton, NJ 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 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, NJ

How much do homes in Clinton, NJ cost?

Median Sold Price

$340,000

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$110,000(-24.4%)

Key Takeaway

Homes in Clinton have sold for 24.4% less than they did a year ago.

Summary: The median home sold price in Clinton was $340,000 in October 2024, down 24.4% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $222.5K$255K
+14.6%
2 $298.5K$332.5K
+11.4%
3 $471.2K$483K
+2.5%
4 $615K$745K
+21.1%
5+ $867.5K$893.5K
+3.0%

Summary: Clinton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.6%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Cities

Franklin Township
+24.5%
Annandale
+5.9%
Union Township
+5.9%
Clinton Township
-5.8%
Clinton
-24.4%

Housing Supply in Clinton, NJ

How many homes are available in Clinton, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2221-4.5%

Summary: The Clinton real estate market had 21 homes for sale in October 2024, a 4.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 89
+12.5%
2 21
-50.0%
3 63
-50.0%
4 58
+60.0%
5+ 10
-100.0%

Summary: The Clinton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 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, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Clinton in October 2024, down by 50.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Clinton, NJ

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Clinton, NJ

Nearby Markets to Clinton, NJ

What housing markets are near Clinton, NJ?