Is Clay Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Clay Township was a Seller's Market.
Key Takeaway
Clay Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Clay Township, IA
How much do homes in Clay Township, IA cost?
Median Sold Price
$308,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Clay Township have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Clay Township was $308,000 in March 2024, up 5.7% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99.9K | - | N/A |
| 2 Bedrooms | $180K | $199K | +10.6% |
| 3 Bedrooms | $285K | $299.9K | +5.2% |
| 4 Bedrooms | $331K | $347K | +4.8% |
| 5+ Bedrooms | $474K | $418K | -11.8% |
Summary: Clay Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 11.8%.
Median Sold Price Compared To Nearby Cities
| Delaware Township | $274.9K | $299.2K | +8.9% |
| Bondurant | $303.5K | $330K | +8.7% |
| Altoona | $289.4K | $313.7K | +8.4% |
| Clay Township | $291.2K | $308K | +5.7% |
| Pleasant Hill | $298.7K | $300.3K | 0.5% |
Housing Supply in Clay Township, IA
How many homes are available in Clay Township, IA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 132 | 147 | +11.4% |
Summary: The Clay Township real estate market had 147 homes for sale in March 2024, a 11.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 18 | 0.0% |
| 3 Bedrooms | 54 | 63 | +16.7% |
| 4 Bedrooms | 43 | 51 | +18.6% |
| 5+ Bedrooms | 17 | 15 | -11.8% |
Summary: The Clay Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes decreased by 11.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clay Township, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Clay Township in March 2024, up by 10.5% month-over-month. Of the 21 sold homes, 48% were sold under asking, 43% were sold at asking, and 10% were sold over asking.
Days on Market for Clay Township, IA
How long does it take to sell a home in Clay Township, IA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 87 Days | 39 Days | -54.6% |
Summary: Homes in Clay Township had an average of 39 days on market in Mar 2024, down by 54.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clay Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 21 homes were sold in Clay Township; 48% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
