Is Clayton Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$494,758
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Clayton Township have sold for 31.3% more than they did a year ago.
Summary: The median home sold price in Clayton Township was $494,758 in April 2024, up 31.3% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $166K | $174.5K | +5.1% |
| 2 Bedrooms | $242.5K | $245K | +1.0% |
| 3 Bedrooms | $380K | $501K | +31.8% |
| 4 Bedrooms | $835K | $827.5K | -0.9% |
| 5+ Bedrooms | $1.3M | $1.5M | +15.1% |
Summary: Clayton Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.1%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 31.8%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 15.1%.
Median Sold Price Compared To Nearby Cities
| Clayton Township | $376.7K | $494.7K | +31.3% |
| Ladue | $948.7K | $1.0M | +13.3% |
| Brentwood | $245K | $264K | +7.8% |
| Rock Hill | $275K | $288.5K | +4.9% |
| Richmond Heights | $359.9K | $351.2K | -2.4% |
Housing Supply in Clayton Township, MO
How many homes are available in Clayton Township, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 152 | 189 | +24.3% |
Summary: The Clayton Township real estate market had 189 homes for sale in April 2024, a 24.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 48 | 58 | +20.8% |
| 3 Bedrooms | 42 | 49 | +16.7% |
| 4 Bedrooms | 29 | 47 | +62.1% |
| 5+ Bedrooms | 26 | 27 | +3.8% |
Summary: The Clayton Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 20.8%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 62.1%, and 5+ bedroom homes increased by 3.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 47 | 46 | -2.1% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clayton Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 46 homes were sold or pending in Clayton Township in April 2024, down by 2.1% month-over-month. Of the 46 sold homes, 37% were sold under asking, 13% were sold at asking, and 50% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 51 Days | 23 Days | -55.5% |
Summary: Homes in Clayton Township had an average of 23 days on market in Apr 2024, down by 55.5% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clayton Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 46 homes were sold in Clayton Township; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.