Is Clayton, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clayton is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Clayton was a Seller's Market.

Key Takeaway

Clayton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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

+$104,000(+17.8%)

Key Takeaway

Homes in Clayton have sold for 17.8% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $159K$160K
+0.6%
2 $330K$345K
+4.5%
3 $702K$759K
+8.1%
4 $1.0M$1.1M
+17.5%
5+ $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
+34.1%
Clayton
+17.8%
Hadley Township
+5.7%
University City
-2.5%
University Township
-5.7%

Housing Supply in Clayton, MO

How many homes are available in Clayton, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7069-1.4%

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

# BEDSApr 2024May 2024CHANGE
1 23
+50.0%
2 2117
-19.0%
3 1721
+23.5%
4 1714
-17.6%
5+ 1314
+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 2024May 2024CHANGE
2011-45.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clayton, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

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 2023May 2024CHANGE
75 Days20 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clayton are selling fast, if you're buying plan to act quickly.

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.

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

Report Updated 1 Day Ago

Newest Listings in Clayton, MO

Nearby Markets to Clayton, MO

What housing markets are near Clayton, MO?