Is Clay Township, MI a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Clay Township is a seller's market


Difference Since November 2022

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

Key Takeaway

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

Housing Prices in Clay Township, MI

How much do homes in Clay Township, MI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Clay Township have sold for 14.8% more than they did a year ago.

Summary: The median home sold price in Clay Township was $310,000 in November 2023, up 14.8% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $63K$70K
2 $210K$202.5K
3 $318K$269K
4 $460K$395K
5+ $512.5K$400K

Summary: Clay Township housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes decreased by 22%.

Median Sold Price Compared To Nearby Cities

Clay Township
Fair Haven
Cottrellville Township

Housing Supply in Clay Township, MI

How many homes are available in Clay Township, MI?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Clay Township real estate market had 29 homes for sale in November 2023, a 45.0% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
2 56
3 712
4 67
5+ 24

Summary: The Clay Township housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 71.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clay Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Clay Township in November 2023, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Clay Township, MI

How long does it take to sell a home in Clay Township, MI?

Average Sale Time

Nov 2022Nov 2023CHANGE
24 Days66 Days+177.1%

Summary: Homes in Clay Township had an average of 66 days on market in Nov 2023, up by 177.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 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 Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 6 homes were sold in Clay Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 10 Days Ago

Newest Listings in Clay Township, MI

Nearby Markets to Clay Township, MI

What housing markets are near Clay Township, MI?