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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clayton Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Clayton Township was a Neutral 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, IL

How much do homes in Clayton Township, IL cost?

Median Sold Price

$90,000

$59/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$45,000(+100.0%)

Key Takeaway

Homes in Clayton Township have sold for 100% more than they did a month ago.

Summary: The median home sold price in Clayton Township was $90,000 in October 2024, up 100% from last month, and the median price per square foot was $59.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $45K$71K
+57.8%
3 -$90K
N/A
4 -$185K
N/A
5+ --
N/A

Summary: Clayton Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 57.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Clayton Township, IL

How many homes are available in Clayton Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
770.0%

Summary: The Clayton Township real estate market had 7 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 11
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Clayton Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clayton Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Clayton Township in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Clayton Township, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
75 Days36 Days-51.1%

Summary: Homes in Clayton Township had an average of 36 days on market in Oct 2024, down by 51.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Clayton Township; 67% of homes were sold within 30 days, 33% 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 16 Days Ago

Newest Listings in Clayton Township, IL

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