Clinton Township, MI 48038 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Clinton Township, MI—48038

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$283,000

4.4% YoY Growth

Household Income

$78,700

33.1% YoY Growth

Days on Market

36

5.0% Longer YoY

Home Price Forecast

1.9%

Median Rent

$1,600

10.4% YoY Growth

1-Bed Rent

$950

5.8% YoY Growth

2-Bed Rent

$1,630

1.2% YoY Growth

3-Bed Rent

$2,050

6.6% YoY Growth

Other Zip Codes in Clinton Township, MI

Home Price Trends — Clinton Township, MI

As of Nov '25, the median home price in Clinton Township, MI is $283,000, with a year-over-year change of 4.4%. This indicates that home prices in Clinton Township, MI are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$283,000	4.4%
Single Family	$330,000	4.1%
Condos	$215,000	3.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Clinton Township, MI

As of July '25, Rentcast reports the average rent in Clinton Township, MI is $1,800, with a year-over-year rent change of 10.4%. Per bedroom, the median rent as of July '25 in Clinton Township, MI is 1-bedrooms: $1,090, 2-bedrooms: $1,620, 3-bedrooms: $2,270, 4-bedrooms: $3,980. The most common rental property sizes in Clinton Township, MI are 2-bedroom and 1-bedroom, accounting for 52.4% and 36.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,600	$1,800
Studio Rent	N/A	N/A
1 Bed Rent	$950	$1,090
2 Bed Rent	$1,630	$1,620
3 Bed Rent	$2,050	$2,270
4 Bed Rent	$3,200	$3,980

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% of Rental Stock

Studio

1.5%

1 Bedroom

36.8%

2 Bedrooms

52.4%

3 Bedrooms

8.2%

4 Bedrooms

1.1%

Property Listings — Clinton Township, MI

As of Nov '25, Realtor.com reports that the median days on market for a home in Clinton Township, MI is 36. This is a increase of 5.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$326,000	5.0%
Listing Count	138	24.0%
Listings as % of Homes	0.4%	24.0%
Days on Market	36	5.0%

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Demographics — Clinton Township, MI

As of the latest ACS Survey released in 2023, Clinton Township, MI has a population of 44,200, which has remained stable by 0.3% over the past 5 years. Clinton Township, MI is a moderately popular place for families, as children make up 17.3% of the population. The area has a moderately educated workforce, with 29.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	44,200	0.3%
% Under 18	17.3%	-0.6%
% Seniors	23.0%	21.1%
% WFH	11.6%	231.4%
% w/ College Degree	29.2%	9.0%

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As of the latest ACS Survey released in 2023, Clinton Township, MI is a predominantly white area, with 76.6% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Clinton Township, MI is black, making up 11.5% of the population. Foreign-born residents account for 11.0% of the population in Clinton Township, MI, and this percentage has increased by 2.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	76.6%	-4.1%
% Black	11.5%	-10.2%
% Hispanic	2.3%	-4.2%
% Asian	3.5%	40.0%
% Foreign Born	11.0%	2.8%

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Mortgage and Risk — Clinton Township, MI

According to HUD data as of 2023, there were 837 mortgage originations in Clinton Township, MI, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Clinton Township, MI. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	837
% Conventional Loans	88.0%
% Government Loans	12.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Clinton Township, MI

As of 2024, the percent of homes in Clinton Township, MI under the Section 8 program is 3.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Clinton Township, MI, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	293
Total Units Section 8	227
% Rentals under Section 8	3.0%
% Occupied Section 8	95.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$290	$950	$1,240
2 Bedroom	-$60	$1,630	$1,570
3 Bedroom	-$130	$2,050	$1,920
4 Bedroom	-$1,120	$3,200	$2,080