Is Clayton Township, MO 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 October 2023

Since last year, Clayton Township has remained a Seller's 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, MO

How much do homes in Clayton Township, MO cost?

Median Sold Price

$509,666

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,555(+8.6%)

Key Takeaway

Homes in Clayton Township have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Clayton Township was $509,666 in October 2024, up 8.6% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $170K$171K
+0.6%
2 $249.7K$255K
+2.1%
3 $477K$485K
+1.7%
4 $827.5K$871.5K
+5.3%
5+ $1.4M$1.4M
+4.7%

Summary: Clayton Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 4.7%.

Median Sold Price Compared To Nearby Cities

Ladue
+35.8%
Clayton Township
+8.6%
Brentwood
+8.3%
Richmond Heights
+6.9%
Rock Hill
+5.7%

Housing Supply in Clayton Township, MO

How many homes are available in Clayton Township, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
220223+1.4%

Summary: The Clayton Township real estate market had 223 homes for sale in October 2024, a 1.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 45
+25.0%
2 6669
+4.5%
3 5958
-1.7%
4 5250
-3.8%
5+ 3941
+5.1%

Summary: The Clayton Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 5.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5655-1.8%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

20 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. 50.9% of homes here sold below asking price last month.

Summary: A total of 55 homes were sold or pending in Clayton Township in October 2024, down by 1.8% month-over-month. Of the 55 sold homes, 51% were sold under asking, 13% were sold at asking, and 36% were sold over asking.

Days on Market for Clayton Township, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
47 Days32 Days-32.7%

Summary: Homes in Clayton Township had an average of 32 days on market in Oct 2024, down by 32.7% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

5 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, 55 homes were sold in Clayton Township; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% 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, MO

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