$150,000
5.30 Acres
Land
Tyler M Patterson, Listing Office: Myers Realty
Is Clayton, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Clayton has remained a Seller's Market.
Key Takeaway
Clayton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clayton, DE
How much do homes in Clayton, DE cost?
Median Sold Price
$400,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$30,000(+8.1%)
Key Takeaway
Homes in Clayton have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Clayton was $400,000 in August 2024, up 8.1% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $194.4K | $212.7K | +9.4% |
| 3 Bedrooms | $338.7K | $370K | +9.2% |
| 4 Bedrooms | $400K | $479.9K | +20.0% |
| 5+ Bedrooms | $489.9K | $483K | -1.4% |
Summary: Clayton housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Cities
| Clayton | $370K | $400K | +8.1% |
| Middletown-Odessa | $459.9K | $489.3K | +6.4% |
| Smyrna | $357K | $364.9K | +2.2% |
Housing Supply in Clayton, DE
How many homes are available in Clayton, DE?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 35 | 24 | -31.4% |
Summary: The Clayton real estate market had 24 homes for sale in August 2024, a 31.4% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 20 | 17 | -15.0% |
| 4 Bedrooms | 9 | 4 | -55.6% |
| 5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The Clayton housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 55.6%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 12 | 6 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clayton, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Clayton in August 2024, down by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 39 Days | 20 Days | -47.5% |
Summary: Homes in Clayton had an average of 20 days on market in Aug 2024, down by 47.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clayton are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 6 homes were sold in Clayton; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
