Is Clay Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clay Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Clay Township, IN

How much do homes in Clay Township, IN cost?

Median Sold Price

$522,524

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$45,616(+9.6%)

Key Takeaway

Homes in Clay Township have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Clay Township was $522,524 in April 2024, up 9.6% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $167.9K$180K
+7.2%
2 $295K$335K
+13.6%
3 $389.9K$416.9K
+6.9%
4 $501K$553.3K
+10.4%
5+ $775K$839K
+8.3%

Summary: Clay Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 8.3%.

Median Sold Price Compared To Nearby Cities

Clay Township
+9.6%
Carmel
+6.5%
Delaware Township
+4.3%
Westfield
+2.9%
Fishers
+2.1%

Housing Supply in Clay Township, IN

How many homes are available in Clay Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
313343+9.6%

Summary: The Clay Township real estate market had 343 homes for sale in April 2024, a 9.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 23
+50.0%
2 3537
+5.7%
3 116126
+8.6%
4 100115
+15.0%
5+ 6062
+3.3%

Summary: The Clay Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 3.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
94119+26.6%

Asking Price vs. Sold Price

49 Homes Were Sold
Under Asking

31 Homes Were Sold
At Asking

39 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clay Township, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 119 homes were sold or pending in Clay Township in April 2024, up by 26.6% month-over-month. Of the 119 sold homes, 41% were sold under asking, 26% were sold at asking, and 33% were sold over asking.

Days on Market for Clay Township, IN

How long does it take to sell a home in Clay Township, IN?

Average Sale Time

Apr 2023Apr 2024CHANGE
21 Days-45 Days-306.3%

Summary: Homes in Clay Township had an average of -45 days on market in Apr 2024, down by 306.3% compared to last year.

Breakdown of Home Sale Times

89 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 119 homes were sold in Clay Township; 75% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 11% 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 16 Days Ago

Newest Listings in Clay Township, IN

Nearby Markets to Clay Township, IN

What housing markets are near Clay Township, IN?