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 May 2022

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.

How much do homes in Clay County, IN cost?

Median Sold Price

$152,000

$93/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$15,050(+11.0%)

Key Takeaway

Homes in Clay County have sold for 11% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $98.5K-
N/A
2 $106K$134.9K
+27.3%
3 $140K$150K
+7.1%
4 $221K$317K
+43.4%
5+ $262.7K$262.5K
-0.1%

Median Sold Price Compared To Nearby Counties

Owen County
+25.0%
Clay County
+11.0%
Parke County
+4.2%
Vigo County
-1.6%
Putnam County
-4.9%

How many homes are available in Clay County, IN?

Number of Homes For Sale

Apr 2023May 2023%
3935-10.3%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
0.0%
2 1211
-8.3%
3 2321
-8.7%
4 32
-33.3%
5+ 11
0.0%

Number of Homes Sold

Apr 2023May 2023%
1511-26.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was 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. 72.7% of homes here sold below asking price last month.

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

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

Average Sale Time

May 2022May 2023%
6 Days54 Days+742.0%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 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.

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

What housing markets are near Clay County, IN?

About Clay County, IN

There are 35 homes are for sale in Clay County, IN real estate market. The inventory of homes for sale in Clay County, IN between April 2023 and May 2023 decreased by 10.3%. Listings spent 54 days on the market in May 2023, and had a median list price of $152,000 during the same period. Listing prices have changed in this real estate market between April 2023 and May 2023: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 27.3% more expensive, 3 bedrooms properties became 7.1% more expensive, 4 bedrooms properties became 43.4% more expensive, the cost of 5 bedrooms properties went down by 0.1%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory decreased by 8.3%, the quantity of 3 bedrooms homes went down by 8.7%, number of 4 bedrooms homes decreased by 33.3%, 5 bedrooms homes inventory did not change. Over 2 listings were sold over their listed price in May 2023 in Clay County, IN. In the same period over 8 listings were sold below the listed price and 1 listings were sold for the listed price.