Is Clayton, MO 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, Clayton has remained a Seller's Market.
Key Takeaway
Clayton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clayton, MO
How much do homes in Clayton, MO cost?
Median Sold Price
$681,000
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Clayton have sold for 15.8% more than they did a year ago.
Summary: The median home sold price in Clayton was $681,000 in March 2024, up 15.8% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $156.4K | $172.5K | +10.3% |
| 2 Bedrooms | $334K | $330K | -1.2% |
| 3 Bedrooms | $690K | $759.5K | +10.1% |
| 4 Bedrooms | $990K | $1.1M | +19.2% |
| 5+ Bedrooms | $1.5M | $1.8M | +22.2% |
Summary: Clayton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 22.2%.
Median Sold Price Compared To Nearby Cities
| Clayton Township | $363.6K | $489.7K | +34.7% |
| Clayton | $588.3K | $681K | +15.8% |
| Hadley Township | $368.5K | $356K | -3.4% |
| University City | $339.9K | $314.6K | -7.4% |
| University Township | $174.5K | $158.2K | -9.4% |
Housing Supply in Clayton, MO
How many homes are available in Clayton, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 61 | 64 | +4.9% |
Summary: The Clayton real estate market had 64 homes for sale in March 2024, a 4.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 23 | 24 | +4.3% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Clayton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 18 | +20.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clayton, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Clayton in March 2024, up by 20.0% month-over-month. Of the 18 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Clayton, MO
How long does it take to sell a home in Clayton, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 53 Days | 31 Days | -42.1% |
Summary: Homes in Clayton had an average of 31 days on market in Mar 2024, down by 42.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clayton are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 18 homes were sold in Clayton; 83% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.