Is Clay Township, 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 Township has remained a Seller's Market.
Housing Prices in Clay Township, IN
How much do homes in Clay Township, IN cost?
Median Sold Price
$515,678
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Clay Township was $515,678 in March 2024, up 8.5% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $173K | $190K | +9.8% |
2 Bedrooms | $290K | $335K | +15.5% |
3 Bedrooms | $389.9K | $410.5K | +5.3% |
4 Bedrooms | $499.9K | $553K | +10.6% |
5+ Bedrooms | $775K | $827K | +6.7% |
Summary: Clay Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.8%, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Cities
Clay Township | $475.3K | $515.6K | +8.5% |
Carmel | $489.5K | $514.3K | +5.1% |
Westfield | $426K | $447.6K | +5.1% |
Delaware Township | $325K | $335K | +3.1% |
Fishers | $385K | $390.3K | +1.4% |
Housing Supply in Clay Township, IN
How many homes are available in Clay Township, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
279 | 287 | +2.9% |
Summary: The Clay Township real estate market had 287 homes for sale in March 2024, a 2.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 33 | 36 | +9.1% |
3 Bedrooms | 96 | 102 | +6.3% |
4 Bedrooms | 90 | 89 | -1.1% |
5+ Bedrooms | 57 | 58 | +1.8% |
Summary: The Clay Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 1.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
69 | 88 | +27.5% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
36 Homes Were Sold
Over Asking
Summary: A total of 88 homes were sold or pending in Clay Township in March 2024, up by 27.5% month-over-month. Of the 88 sold homes, 44% were sold under asking, 15% were sold at asking, and 41% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 27 Days | -9.9% |
Summary: Homes in Clay Township had an average of 27 days on market in Mar 2024, down by 9.9% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 88 homes were sold in Clay Township; 75% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.