Is Clayton, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Clayton has remained a Buyer's Market.
Key Takeaway
Clayton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Clayton, DE
How much do homes in Clayton, DE cost?
Median Sold Price
$395,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Clayton have sold for 23.4% more than they did a year ago.
Summary: The median home sold price in Clayton was $395,000 in March 2024, up 23.4% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $168.9K | $244.5K | +44.7% |
| 3 Bedrooms | $299.9K | $365K | +21.7% |
| 4 Bedrooms | $414.9K | $459.4K | +10.7% |
| 5+ Bedrooms | $477.5K | $491K | +2.8% |
Summary: Clayton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44.7%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Cities
| Clayton | $320K | $395K | +23.4% |
| Smyrna | $304.5K | $365K | +19.9% |
| Middletown-Odessa | $456.5K | $477.2K | +4.6% |
Housing Supply in Clayton, DE
How many homes are available in Clayton, DE?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 51 | 53 | +3.9% |
Summary: The Clayton real estate market had 53 homes for sale in March 2024, a 3.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 16 | 19 | +18.8% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The Clayton housing inventory by bedroom type for March 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 18.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Clayton, 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 Clayton in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Clayton, DE
How long does it take to sell a home in Clayton, DE?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 25 Days | 47 Days | +88.7% |
Summary: Homes in Clayton had an average of 47 days on market in Mar 2024, up by 88.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Clayton are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Clayton; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
