Is Clay Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clay Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Clay Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Clay Township, IN

How much do homes in Clay Township, IN cost?

Median Sold Price

$232,500

$131/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$67,500(-22.5%)

Key Takeaway

Homes in Clay Township have sold for 22.5% less than they did a month ago.

Summary: The median home sold price in Clay Township was $232,500 in October 2024, down 22.5% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $134.9K-
N/A
2 $279.9K$164K
-41.4%
3 $235K$218.5K
-7.0%
4 $345K$359.9K
+4.3%
5+ $567.5K$323.4K
-43.0%

Summary: Clay 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 decreased by 41.4%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 43%.

Median Sold Price Compared To Nearby Cities

South Bend
-6.3%
Clay Township
-22.5%

Housing Supply in Clay Township, IN

How many homes are available in Clay Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
166177+6.6%

Summary: The Clay Township real estate market had 177 homes for sale in October 2024, a 6.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 3434
0.0%
3 6063
+5.0%
4 4857
+18.8%
5+ 2020
0.0%

Summary: The Clay Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4946-6.1%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clay Township, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.

Summary: A total of 46 homes were sold or pending in Clay Township in October 2024, down by 6.1% month-over-month. Of the 46 sold homes, 43% were sold under asking, 35% were sold at asking, and 22% were sold over asking.

Days on Market for Clay Township, IN

We’re sorry, we don't have information for this market at the moment

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 Clay Township, IN

Nearby Markets to Clay Township, IN

What housing markets are near Clay Township, IN?