Is Clayton Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clayton Township is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Clayton Township, MO

How much do homes in Clayton Township, MO cost?

Median Sold Price

$490,918

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$130,546(+36.2%)

Key Takeaway

Homes in Clayton Township have sold for 36.2% more than they did a year ago.

Summary: The median home sold price in Clayton Township was $490,918 in February 2024, up 36.2% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $157.9K$178K
+12.7%
2 $240K$245K
+2.1%
3 $386.7K$497.8K
+28.7%
4 $810K$840K
+3.7%
5+ $1.3M$1.4M
+11.9%

Summary: Clayton Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 28.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 11.9%.

Median Sold Price Compared To Nearby Cities

Clayton Township
+36.2%
Brentwood
+9.0%
Ladue
+7.4%
Richmond Heights
+1.7%
Rock Hill
+1.0%

Housing Supply in Clayton Township, MO

How many homes are available in Clayton Township, MO?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
122130+6.6%

Summary: The Clayton Township real estate market had 130 homes for sale in February 2024, a 6.6% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 65
-16.7%
2 4345
+4.7%
3 4044
+10.0%
4 1617
+6.3%
5+ 1719
+11.8%

Summary: The Clayton Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 11.8%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
4327-37.2%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clayton Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Clayton Township in February 2024, down by 37.2% month-over-month. Of the 27 sold homes, 56% were sold under asking, 19% were sold at asking, and 26% were sold over asking.

Days on Market for Clayton Township, MO

How long does it take to sell a home in Clayton Township, MO?

Average Sale Time

Feb 2023Feb 2024CHANGE
47 Days44 Days-6.0%

Summary: Homes in Clayton Township had an average of 44 days on market in Feb 2024, down by 6% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 27 homes were sold in Clayton Township; 52% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 15% 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 28 Days Ago

Newest Listings in Clayton Township, MO

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What housing markets are near Clayton Township, MO?