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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clay Township is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Clay Township was a Neutral Market.

Key Takeaway

Clay Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Clay Township, PA

How much do homes in Clay Township, PA cost?

Median Sold Price

$417,500

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$92,500(+28.5%)

Key Takeaway

Homes in Clay Township have sold for 28.5% more than they did a year ago.

Summary: The median home sold price in Clay Township was $417,500 in February 2024, up 28.5% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $270.2K$462.4K
+71.1%
3 $319K$350K
+9.7%
4 $330.2K$445.2K
+34.8%
5+ $380K$545K
+43.4%

Summary: Clay Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 71.1%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 34.8%, and 5+ bedroom homes increased by 43.4%.

Median Sold Price Compared To Nearby Cities

Clay Township
+28.5%
Stevens
+1.2%
Elizabeth Township
-13.5%

Housing Supply in Clay Township, PA

How many homes are available in Clay Township, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2725-7.4%

Summary: The Clay Township real estate market had 25 homes for sale in February 2024, a 7.4% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 119
-18.2%
3 88
0.0%
4 66
0.0%
5+ 22
0.0%

Summary: The Clay Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.2%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Clay Township in February 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Clay Township, PA

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

Average Sale Time

Feb 2023Feb 2024CHANGE
24 Days27 Days+13.0%

Summary: Homes in Clay Township had an average of 27 days on market in Feb 2024, up by 13% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 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 February 2024, 2 homes were sold in Clay Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 27 Days Ago

Newest Listings in Clay Township, PA

Nearby Markets to Clay Township, PA

What housing markets are near Clay Township, PA?