Clinton Township, MI48038

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$286,000
4.4% YoY Growth
Median Household Income
$78,700
33.1% 5-Year Growth
Days on Market
29
2.0% Longer than last year
Home Price Forecast
1.1%
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

Property Listings — Clinton Township, MI

As of Oct '25, Realtor.com reports that the median days on market for a home in Clinton Township, MI is 29. This is a increase of 2.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$348,0007.0%
Listing Count
13618.0%
Listings as % of Homes0.4%18.0%
Days on Market
292.0%
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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.

MetricLatest CensusYoY % Change
Population
44,2000.3%
% 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

MetricLatest Census5-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

MetricZip 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%

Loan Activity

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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 SizeHUD PremiumMarket RentMax 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

Affordability — Clinton Township, MI

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.2
Median Home Price$286,000
Median Household Income$78,700

Clinton Township, MI — ZIP Code Boundary Map

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Frequently Asked Questions