$1,948 Closing Credit*
$164,000
1,214 SqFt
3 Beds
•1 Full Bath
Stephanie Thomas, Listing Office: RE/MAX Concepts
Is Clay Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Clay Township was a Neutral Market.
Key Takeaway
Clay Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Clay Township, IA
How much do homes in Clay Township, IA cost?
Median Sold Price
$317,800
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,205(+3.0%)
Key Takeaway
Homes in Clay Township have sold for 3% more than they did a year ago.
Summary: The median home sold price in Clay Township was $317,800 in November 2024, up 3% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $117.5K | +30.6% |
| 2 Bedrooms | $197K | $195.8K | -0.6% |
| 3 Bedrooms | $299.9K | $300K | 0.0% |
| 4 Bedrooms | $331.6K | $350K | +5.5% |
| 5+ Bedrooms | $445.5K | $450K | +1.0% |
Summary: Clay Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.6%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Cities
| Pleasant Hill | $299.9K | $320K | +6.7% |
| Altoona | $313.7K | $325K | +3.6% |
| Clay Township | $308.5K | $317.8K | +3.0% |
| Bondurant | $330.1K | $338.5K | +2.5% |
| Delaware Township | $299.9K | $306.9K | +2.3% |
Housing Supply in Clay Township, IA
How many homes are available in Clay Township, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 196 | 181 | -7.7% |
Summary: The Clay Township real estate market had 181 homes for sale in November 2024, a 7.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 18 | 20 | +11.1% |
| 3 Bedrooms | 91 | 86 | -5.5% |
| 4 Bedrooms | 59 | 52 | -11.9% |
| 5+ Bedrooms | 27 | 23 | -14.8% |
Summary: The Clay Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes decreased by 14.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 19 | -50.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clay Township, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Clay Township in November 2024, down by 50.0% month-over-month. Of the 19 sold homes, 47% were sold under asking, 37% were sold at asking, and 16% were sold over asking.
Days on Market for Clay Township, IA
How long does it take to sell a home in Clay Township, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 71 Days | 34 Days | -51.4% |
Summary: Homes in Clay Township had an average of 34 days on market in Nov 2024, down by 51.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clay Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in Clay Township; 63% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
