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 October 2021

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.

How much do homes in Clayton Township, MO cost?

Median Sold Price

$351,812

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

-$75,867(-17.7%)

Key Takeaway

Homes in Clayton Township have sold for 17.7% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $150K$154.4K
+3.0%
2 $212K$233.9K
+10.3%
3 $412K$362K
-12.1%
4 $780K$810K
+3.8%
5+ $1.2M$1.3M
+9.2%

Median Sold Price Compared To Nearby Cities

Rock Hill
+13.1%
Ladue
+9.0%
Brentwood
+4.4%
Richmond Heights
-2.7%
Clayton Township
-17.7%

How many homes are available in Clayton Township, MO?

Number of Homes For Sale

Sep 2022Oct 2022%
229210-8.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 45
+25.0%
2 7968
-13.9%
3 7667
-11.8%
4 5047
-6.0%
5+ 2023
+15.0%

Number of Homes Sold

Sep 2022Oct 2022%
6966-4.3%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

25 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. 48.5% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
52 Days25 Days-50.8%

Breakdown of Home Sale Times

47 Homes Were Sold
Under 30 Days

14 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Clayton Township, MO

Clayton Township, MO has 210 homes on the market. In October 2022 in Clayton Township, MO there were 8.3% less homes for sale than in September 2022. Listings spent 25 days on the market in October 2022, and had a median list price of $351,812 during the same period. Real estate listing prices changed between September 2022 and October 2022: the cost of 1 bedroom properties went up by 3%, prices of 2 bedrooms properties increased by 10.3%, 3 bedrooms properties prices decreased by 12.1%, the cost of 4 bedrooms properties went up by 3.8%, the cost of 5 bedrooms properties went up by 9.2%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went up by 25%, volume of 2 bedrooms homes went down by 13.9%, 3 bedrooms homes became 11.8% less available, 4 bedrooms homes inventory decreased by 6%, number of 5 bedrooms homes increased by 15%. While more than 25 listings in Clayton Township, MO in October 2022 were sold above asking price, there were more than 9 listings sold at asking price, and more than 32 were sold below.

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