Is Clayton, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Clayton was a Seller's Market.
Housing Prices in Clayton, MO
How much do homes in Clayton, MO cost?
Median Sold Price
$689,000
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Clayton was $689,000 in May 2024, up 17.8% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $159K | $160K | +0.6% |
2 Bedrooms | $330K | $345K | +4.5% |
3 Bedrooms | $702K | $759K | +8.1% |
4 Bedrooms | $1.0M | $1.1M | +17.5% |
5+ Bedrooms | $1.7M | $1.7M | +3.2% |
Summary: Clayton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Cities
Clayton Township | $377.2K | $505.8K | +34.1% |
Clayton | $585K | $689K | +17.8% |
Hadley Township | $350K | $370K | +5.7% |
University City | $329.8K | $321.5K | -2.5% |
University Township | $174.9K | $165K | -5.7% |
Housing Supply in Clayton, MO
How many homes are available in Clayton, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
70 | 69 | -1.4% |
Summary: The Clayton real estate market had 69 homes for sale in May 2024, a 1.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 21 | 17 | -19.0% |
3 Bedrooms | 17 | 21 | +23.5% |
4 Bedrooms | 17 | 14 | -17.6% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Clayton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 19%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 11 | -45.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Clayton in May 2024, down by 45.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.
Days on Market for Clayton, MO
How long does it take to sell a home in Clayton, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
75 Days | 20 Days | -73.2% |
Summary: Homes in Clayton had an average of 20 days on market in May 2024, down by 73.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Clayton; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.