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

$325,000

$142/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$92,500(+39.8%)

Key Takeaway

Homes in Clay Township have sold for 39.8% more than they did a month ago.

Summary: The median home sold price in Clay Township was $325,000 in November 2024, up 39.8% from last month, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $164K$210K
+28.0%
3 $218.5K$227.5K
+4.1%
4 $359.9K$365K
+1.4%
5+ $323.4K$617.5K
+90.9%

Summary: Clay Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 90.9%.

Median Sold Price Compared To Nearby Cities

Roseland
+131.3%
Clay Township
+39.8%
South Bend
+23.6%

Housing Supply in Clay Township, IN

How many homes are available in Clay Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
169153-9.5%

Summary: The Clay Township real estate market had 153 homes for sale in November 2024, a 9.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 3120
-35.5%
3 6561
-6.2%
4 5651
-8.9%
5+ 1417
+21.4%

Summary: The Clay Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 35.5%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes increased by 21.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4634-26.1%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 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. 72.7% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Clay Township in November 2024, down by 26.1% month-over-month. Of the 33 sold homes, 73% were sold under asking, 3% were sold at asking, and 24% were sold over asking.

Days on Market for Clay Township, IN

How long does it take to sell a home in Clay Township, IN?

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Clay Township has remained consistent over time.

Summary: During November 2024, 34 homes were sold in Clay Township; 0% of homes were sold within 30 days, 3% 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 17 Days Ago

Newest Listings in Clay Township, IN

Nearby Markets to Clay Township, IN

What housing markets are near Clay Township, IN?