Is Clifton, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clifton is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Clifton has remained a Seller's Market.

Key Takeaway

Clifton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Clifton, IL

How much do homes in Clifton, IL cost?

Median Sold Price

$190,000

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$56,000(+41.8%)

Key Takeaway

Homes in Clifton have sold for 41.8% more than they did a year ago.

Summary: The median home sold price in Clifton was $190,000 in May 2024, up 41.8% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $112K$122.5K
+9.4%
3 $142.7K$163.7K
+14.7%
4 $229K$239.7K
+4.7%
5+ $224.9K$276K
+22.7%

Summary: Clifton 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 increased by 9.4%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 22.7%.

Median Sold Price Compared To Nearby Cities

Clifton
+41.8%
Chebanse Township
+39.5%

Housing Supply in Clifton, IL

How many homes are available in Clifton, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
45+25.0%

Summary: The Clifton real estate market had 5 homes for sale in May 2024, a 25.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 11
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Clifton 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clifton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Clifton in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Clifton, IL

How long does it take to sell a home in Clifton, IL?

Average Sale Time

May 2023May 2024CHANGE
3 Days70 Days+2233.3%

Summary: Homes in Clifton had an average of 70 days on market in May 2024, up by 2233.3% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Clifton has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Clifton; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in Clifton, IL

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