Is Clay County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Clay County has remained a Seller's Market.
Housing Prices in Clay County, IN
How much do homes in Clay County, IN cost?
Median Sold Price
$148,000
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Clay County was $148,000 in March 2024, down 0.3% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $164.9K | N/A |
2 Bedrooms | $138.4K | $131.4K | -5.1% |
3 Bedrooms | $140.5K | $150K | +6.8% |
4 Bedrooms | $317K | $187K | -41.0% |
5+ Bedrooms | $292.7K | $257.9K | -11.9% |
Summary: Clay County 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 decreased by 5.1%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 41%, and 5+ bedroom homes decreased by 11.9%.
Median Sold Price Compared To Nearby Counties
Putnam County | $200.9K | $241.6K | +20.3% |
Owen County | $209K | $235K | +12.4% |
Parke County | $144.9K | $159.5K | +10.1% |
Clay County | $148.5K | $148K | -0.3% |
Vigo County | $132.2K | $124.6K | -5.8% |
Housing Supply in Clay County, IN
How many homes are available in Clay County, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 33 | +3.1% |
Summary: The Clay County real estate market had 33 homes for sale in March 2024, a 3.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 6 | 11 | +83.3% |
3 Bedrooms | 18 | 13 | -27.8% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Clay County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 83.3%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Clay County in March 2024, down by 10.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for Clay County, IN
How long does it take to sell a home in Clay County, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
27 Days | 10 Days | -60.7% |
Summary: Homes in Clay County had an average of 10 days on market in Mar 2024, down by 60.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Clay County; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.