Is Clinton Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Clinton Charter Township has remained a Seller's Market.
Housing Prices in Clinton Charter Township, MI
How much do homes in Clinton Charter Township, MI cost?
Median Sold Price
$230,422
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Clinton Charter Township was $230,422 in May 2024, up 0.2% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $63.2K | $115K | +81.8% |
2 Bedrooms | $190K | $190K | 0.0% |
3 Bedrooms | $240.4K | $258.9K | +7.7% |
4 Bedrooms | $320K | $323.5K | +1.1% |
5+ Bedrooms | $360K | $351K | -2.5% |
Summary: Clinton Charter Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 81.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Cities
Harrison Township | $237.9K | $261.5K | +9.9% |
Harrison Charter Township | $198.7K | $210K | +5.7% |
Mount Clemens | $165.5K | $171.5K | +3.6% |
Clinton Township | $228.2K | $230.5K | +1.0% |
Clinton Charter Township | $229.9K | $230.4K | 0.2% |
Housing Supply in Clinton Charter Township, MI
How many homes are available in Clinton Charter Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
233 | 298 | +27.9% |
Summary: The Clinton Charter Township real estate market had 298 homes for sale in May 2024, a 27.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 6 | +100.0% |
2 Bedrooms | 73 | 97 | +32.9% |
3 Bedrooms | 112 | 142 | +26.8% |
4 Bedrooms | 40 | 43 | +7.5% |
5+ Bedrooms | 5 | 10 | +100.0% |
Summary: The Clinton Charter Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 32.9%, 3 bedroom homes increased by 26.8%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
86 | 73 | -15.1% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
43 Homes Were Sold
Over Asking
Summary: A total of 73 homes were sold or pending in Clinton Charter Township in May 2024, down by 15.1% month-over-month. Of the 73 sold homes, 26% were sold under asking, 15% were sold at asking, and 59% were sold over asking.
Days on Market for Clinton Charter Township, MI
How long does it take to sell a home in Clinton Charter Township, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
39 Days | 15 Days | -61.5% |
Summary: Homes in Clinton Charter Township had an average of 15 days on market in May 2024, down by 61.5% compared to last year.
Breakdown of Home Sale Times
62 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 73 homes were sold in Clinton Charter Township; 85% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.