Is Clayton Township, MO 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, Clayton Township has remained a Seller's Market.
Key Takeaway
Clayton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clayton Township, MO
How much do homes in Clayton Township, MO cost?
Median Sold Price
$505,835
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Clayton Township have sold for 34.1% more than they did a year ago.
Summary: The median home sold price in Clayton Township was $505,835 in May 2024, up 34.1% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $167K | $174.5K | +4.5% |
| 2 Bedrooms | $239.9K | $249.9K | +4.2% |
| 3 Bedrooms | $380K | $505.9K | +33.1% |
| 4 Bedrooms | $841K | $830K | -1.3% |
| 5+ Bedrooms | $1.3M | $1.5M | +19.2% |
Summary: Clayton Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 33.1%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 19.2%.
Median Sold Price Compared To Nearby Cities
| Clayton Township | $377.2K | $505.8K | +34.1% |
| Ladue | $965K | $1.1M | +14.0% |
| Brentwood | $246K | $266K | +8.1% |
| Rock Hill | $275K | $290K | +5.5% |
| Richmond Heights | $352K | $361K | +2.6% |
Housing Supply in Clayton Township, MO
How many homes are available in Clayton Township, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 181 | 217 | +19.9% |
Summary: The Clayton Township real estate market had 217 homes for sale in May 2024, a 19.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 4 | -42.9% |
| 2 Bedrooms | 51 | 67 | +31.4% |
| 3 Bedrooms | 48 | 55 | +14.6% |
| 4 Bedrooms | 47 | 56 | +19.1% |
| 5+ Bedrooms | 28 | 35 | +25.0% |
Summary: The Clayton Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 31.4%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 48 | 60 | +25.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clayton Township, you could pay more than the asking price. 55% of homes here sold above asking price last month.
Summary: A total of 60 homes were sold or pending in Clayton Township in May 2024, up by 25.0% month-over-month. Of the 60 sold homes, 35% were sold under asking, 10% were sold at asking, and 55% were sold over asking.
Days on Market for Clayton Township, MO
How long does it take to sell a home in Clayton Township, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 30 Days | 17 Days | -43.2% |
Summary: Homes in Clayton Township had an average of 17 days on market in May 2024, down by 43.2% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clayton Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 60 homes were sold in Clayton Township; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.