Is Clay Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$522,524
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Clay Township was $522,524 in April 2024, up 9.6% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $167.9K | $180K | +7.2% |
2 Bedrooms | $295K | $335K | +13.6% |
3 Bedrooms | $389.9K | $416.9K | +6.9% |
4 Bedrooms | $501K | $553.3K | +10.4% |
5+ Bedrooms | $775K | $839K | +8.3% |
Summary: Clay Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Cities
Clay Township | $476.9K | $522.5K | +9.6% |
Carmel | $489.9K | $521.6K | +6.5% |
Delaware Township | $325K | $338.8K | +4.3% |
Westfield | $432.5K | $445.3K | +2.9% |
Fishers | $385K | $393K | +2.1% |
Housing Supply in Clay Township, IN
How many homes are available in Clay Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
313 | 343 | +9.6% |
Summary: The Clay Township real estate market had 343 homes for sale in April 2024, a 9.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 35 | 37 | +5.7% |
3 Bedrooms | 116 | 126 | +8.6% |
4 Bedrooms | 100 | 115 | +15.0% |
5+ Bedrooms | 60 | 62 | +3.3% |
Summary: The Clay Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 3.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
94 | 119 | +26.6% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
39 Homes Were Sold
Over Asking
Summary: A total of 119 homes were sold or pending in Clay Township in April 2024, up by 26.6% month-over-month. Of the 119 sold homes, 41% were sold under asking, 26% were sold at asking, and 33% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | -45 Days | -306.3% |
Summary: Homes in Clay Township had an average of -45 days on market in Apr 2024, down by 306.3% compared to last year.
Breakdown of Home Sale Times
89 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 119 homes were sold in Clay Township; 75% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.