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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clay County is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

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

-$500(-0.3%)

Key Takeaway

The sold price of homes in Clay County has remained the same since last year.

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

# BEDSMar 2023Mar 2024CHANGE
1 -$164.9K
N/A
2 $138.4K$131.4K
-5.1%
3 $140.5K$150K
+6.8%
4 $317K$187K
-41.0%
5+ $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
+20.3%
Owen County
+12.4%
Parke County
+10.1%
Clay County
-0.3%
Vigo County
-5.8%

Housing Supply in Clay County, IN

How many homes are available in Clay County, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3233+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

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 611
+83.3%
3 1813
-27.8%
4 55
0.0%
5+ 22
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 2024Mar 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clay County, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
27 Days10 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

Newest Listings in Clay County, IN

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