Is Clinton Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clinton Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Clinton Township, IL

How much do homes in Clinton Township, IL cost?

Median Sold Price

$187,500

$97/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$42,000(+28.9%)

Key Takeaway

Homes in Clinton Township have sold for 28.9% more than they did a year ago.

Summary: The median home sold price in Clinton Township was $187,500 in May 2024, up 28.9% from last year, and the median price per square foot was $97.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $37.5K-
N/A
2 $100K$87.5K
-12.5%
3 $184K$195K
+6.0%
4 $177.5K$221K
+24.5%
5+ $267.5K$233.5K
-12.7%

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 decreased by 12.5%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 24.5%, and 5+ bedroom homes decreased by 12.7%.

Median Sold Price Compared To Nearby Cities

Waterman
+30.7%
Clinton Township
+28.9%
Squaw Grove Township
+17.4%

Housing Supply in Clinton Township, IL

How many homes are available in Clinton Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2831+10.7%

Summary: The Clinton Township real estate market had 31 homes for sale in May 2024, a 10.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1111
0.0%
3 1111
0.0%
4 47
+75.0%
5+ 22
0.0%

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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clinton Township, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Clinton Township in May 2024, down by 30.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.

Days on Market for Clinton Township, IL

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

Average Sale Time

May 2023May 2024CHANGE
30 Days9 Days-68.9%

Summary: Homes in Clinton Township had an average of 9 days on market in May 2024, down by 68.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clinton Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 7 homes were sold in Clinton Township; 100% of homes were sold within 30 days, 0% 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 5 Days Ago

Newest Listings in Clinton Township, IL

Nearby Markets to Clinton Township, IL