$8,134 Closing Credit*
$685,000
1 Bed
•1 Bath
#COMP-1704412064307613969, Kryon Grant, Listing Office: Compass
Is Clinton Hill, NY 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 Hill has remained a Buyer's Market.
Key Takeaway
Clinton Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Clinton Hill, NY
How much do homes in Clinton Hill, NY cost?
Median Sold Price
$999,000
$1,148/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$50,000(-4.8%)
Key Takeaway
Homes in Clinton Hill have sold for 4.8% less than they did a year ago.
Summary: The median home sold price in Clinton Hill was $999,000 in October 2024, down 4.8% from last year, and the median price per square foot was $1,148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $711K | $749.5K | +5.4% |
| 2 Bedrooms | $1.1M | $1.1M | -1.8% |
| 3 Bedrooms | $1.7M | $1.8M | +1.5% |
| 4 Bedrooms | $4.0M | $3.3M | -19.4% |
| 5+ Bedrooms | $3.0M | $2.4M | -19.0% |
Summary: Clinton Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 19.4%, and 5+ bedroom homes decreased by 19%.
Median Sold Price Compared To Nearby Neighborhoods
| Williamsburg | $1.4M | $1.5M | +8.3% |
| Northwestern Brooklyn | $1.4M | $1.4M | -1.5% |
| Clinton Hill | $1.0M | $999K | -4.8% |
Housing Supply in Clinton Hill, NY
How many homes are available in Clinton Hill, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 83 | 84 | +1.2% |
Summary: The Clinton Hill real estate market had 84 homes for sale in October 2024, a 1.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 31 | 23 | -25.8% |
| 2 Bedrooms | 21 | 27 | +28.6% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The Clinton Hill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25.8%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Clinton Hill, expect to pay close to the asking price. 85.7% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Clinton Hill in October 2024, the same as the previous month. Of the 7 sold homes, 0% were sold under asking, 86% were sold at asking, and 14% were sold over asking.
Days on Market for Clinton Hill, NY
How long does it take to sell a home in Clinton Hill, NY?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Clinton Hill has remained consistent over time.
Summary: During October 2024, 7 homes were sold in Clinton Hill; 0% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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