Is Clayton Charter Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clayton Charter Township is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Clayton Charter Township has remained a Seller's Market.

Key Takeaway

Clayton Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Clayton Charter Township, MI

How much do homes in Clayton Charter Township, MI cost?

Median Sold Price

$235,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$2,450(-1.0%)

Key Takeaway

Homes in Clayton Charter Township have sold for 1% less than they did a year ago.

Summary: The median home sold price in Clayton Charter Township was $235,000 in September 2024, down 1% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $220K$225K
+2.3%
3 $220K$229.9K
+4.5%
4 $296K$290K
-2.0%
5+ $477.5K$341K
-28.6%

Summary: Clayton Charter Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 28.6%.

Median Sold Price Compared To Nearby Cities

Venice Township
+13.8%
Lennon
+9.6%
Swartz Creek
+7.3%
Clayton Charter Township
-1.0%
Flint Charter Township
-5.8%

Housing Supply in Clayton Charter Township, MI

How many homes are available in Clayton Charter Township, MI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4038-5.0%

Summary: The Clayton Charter Township real estate market had 38 homes for sale in September 2024, a 5.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 03
+100.0%
3 2019
-5.0%
4 1815
-16.7%
5+ 21
-50.0%

Summary: The Clayton Charter Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1013+30.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clayton Charter Township, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Clayton Charter Township in September 2024, up by 30.0% month-over-month. Of the 13 sold homes, 46% were sold under asking, 46% were sold at asking, and 8% were sold over asking.

Days on Market for Clayton Charter Township, MI

How long does it take to sell a home in Clayton Charter Township, MI?

Average Sale Time

Sep 2023Sep 2024CHANGE
35 Days57 Days+65.3%

Summary: Homes in Clayton Charter Township had an average of 57 days on market in Sep 2024, up by 65.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 13 homes were sold in Clayton Charter Township; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% 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 30 Days Ago

Newest Listings in Clayton Charter Township, MI

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What housing markets are near Clayton Charter Township, MI?