$5,283 Closing Credit*
$444,900
3,028 SqFt
5 Beds
•3 Full Baths, 1 Partial
Kurtis Hammond, Listing Office: KEA Realty
Is Clay, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Clay was a Seller's Market.
Key Takeaway
Clay is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Clay, AL
How much do homes in Clay, AL cost?
Median Sold Price
$240,000
$103/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
-$5,000(-2.0%)
Key Takeaway
Homes in Clay have sold for 2% less than they did a month ago.
Summary: The median home sold price in Clay was $240,000 in September 2024, down 2% from last month, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $207.5K | $220K | +6.0% |
| 4 Bedrooms | $248K | $250K | +0.8% |
| 5+ Bedrooms | - | $240K | N/A |
Summary: Clay housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pinson | $234K | $250K | +6.8% |
| Palmerdale | $250.4K | $250K | -0.2% |
| Clay | $245K | $240K | -2.0% |
| Trussville | $429.5K | $414.9K | -3.4% |
| Center Point | $158.5K | $131.2K | -17.3% |
Housing Supply in Clay, AL
How many homes are available in Clay, AL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 38 | 46 | +21.1% |
Summary: The Clay real estate market had 46 homes for sale in September 2024, a 21.1% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 22 | 29 | +31.8% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Clay housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 31.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clay, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Clay in September 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Clay, AL
How long does it take to sell a home in Clay, AL?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 66 Days | 35 Days | -46.7% |
Summary: Homes in Clay had an average of 35 days on market in Sep 2024, down by 46.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Clay has remained consistent over time.
Summary: During September 2024, 5 homes were sold in Clay; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from the Georgia MLS © 2024.