Is Clinton Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Clinton Township was a Seller's Market.
Housing Prices in Clinton Township, MI
How much do homes in Clinton Township, MI cost?
Median Sold Price
$220,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Clinton Township was $220,000 in May 2024, down 9.3% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $125K | $125K | 0.0% |
3 Bedrooms | $245K | $229.9K | -6.2% |
4 Bedrooms | $283.5K | $235.5K | -16.9% |
5+ Bedrooms | $259K | $195K | -24.7% |
Summary: Clinton Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 16.9%, and 5+ bedroom homes decreased by 24.7%.
Median Sold Price Compared To Nearby Cities
Comins Township | $136.9K | $155K | +13.2% |
Fairview | $136.9K | $155K | +13.2% |
Clinton Township | $242.5K | $220K | -9.3% |
Housing Supply in Clinton Township, MI
How many homes are available in Clinton Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 21 | +10.5% |
Summary: The Clinton Township real estate market had 21 homes for sale in May 2024, a 10.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 7 | +133.3% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 5 | 2 | -60.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Clinton Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 133.3%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Clinton Township in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
36 Days | 153 Days | +320.0% |
Summary: Homes in Clinton Township had an average of 153 days on market in May 2024, up by 320% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Clinton Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.