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 May 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

$505,835

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$128,563(+34.1%)

Key Takeaway

Homes in Clayton Township have sold for 34.1% more than they did a year ago.

Summary: The median home sold price in Clayton Township was $505,835 in May 2024, up 34.1% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $167K$174.5K
+4.5%
2 $239.9K$249.9K
+4.2%
3 $380K$505.9K
+33.1%
4 $841K$830K
-1.3%
5+ $1.3M$1.5M
+19.2%

Summary: Clayton Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 33.1%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 19.2%.

Median Sold Price Compared To Nearby Cities

Clayton Township
+34.1%
Ladue
+14.0%
Brentwood
+8.1%
Rock Hill
+5.5%
Richmond Heights
+2.6%

Housing Supply in Clayton Township, MO

How many homes are available in Clayton Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
181217+19.9%

Summary: The Clayton Township real estate market had 217 homes for sale in May 2024, a 19.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 74
-42.9%
2 5167
+31.4%
3 4855
+14.6%
4 4756
+19.1%
5+ 2835
+25.0%

Summary: The Clayton Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 31.4%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Apr 2024May 2024CHANGE
4860+25.0%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

33 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clayton Township, you could pay more than the asking price. 55% of homes here sold above asking price last month.

Summary: A total of 60 homes were sold or pending in Clayton Township in May 2024, up by 25.0% month-over-month. Of the 60 sold homes, 35% were sold under asking, 10% were sold at asking, and 55% 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

May 2023May 2024CHANGE
30 Days17 Days-43.2%

Summary: Homes in Clayton Township had an average of 17 days on market in May 2024, down by 43.2% compared to last year.

Breakdown of Home Sale Times

42 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

2 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 May 2024, 60 homes were sold in Clayton Township; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 3% 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 13 Days Ago

Newest Listings in Clayton Township, MO

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