Is Clay Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Clay Township has remained a Seller's Market.
Housing Prices in Clay Township, IN
How much do homes in Clay Township, IN cost?
Median Sold Price
$527,828
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Clay Township was $527,828 in May 2024, up 11.1% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $173K | $175K | +1.2% |
2 Bedrooms | $299.9K | $330.8K | +10.3% |
3 Bedrooms | $392.3K | $418.1K | +6.6% |
4 Bedrooms | $502.3K | $555K | +10.5% |
5+ Bedrooms | $775K | $850.6K | +9.8% |
Summary: Clay Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 9.8%.
Median Sold Price Compared To Nearby Cities
Clay Township | $474.9K | $527.8K | +11.1% |
Carmel | $486.1K | $525.3K | +8.1% |
Delaware Township | $325.5K | $340K | +4.5% |
Fishers | $385.5K | $394.4K | +2.3% |
Westfield | $434.4K | $440K | +1.3% |
Housing Supply in Clay Township, IN
How many homes are available in Clay Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
363 | 369 | +1.7% |
Summary: The Clay Township real estate market had 369 homes for sale in May 2024, a 1.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 39 | 45 | +15.4% |
3 Bedrooms | 139 | 127 | -8.6% |
4 Bedrooms | 115 | 123 | +7.0% |
5+ Bedrooms | 67 | 70 | +4.5% |
Summary: The Clay Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
123 | 119 | -3.3% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
47 Homes Were Sold
Over Asking
Summary: A total of 119 homes were sold or pending in Clay Township in May 2024, down by 3.3% month-over-month. Of the 119 sold homes, 41% were sold under asking, 19% were sold at asking, and 39% were sold over asking.
Days on Market for Clay Township, IN
How long does it take to sell a home in Clay Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
13 Days | 23 Days | +79.7% |
Summary: Homes in Clay Township had an average of 23 days on market in May 2024, up by 79.7% compared to last year.
Breakdown of Home Sale Times
101 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 119 homes were sold in Clay Township; 85% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.