Is Clayton, NJ 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 Neutral Market.
Key Takeaway
Clayton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Clayton, NJ
How much do homes in Clayton, NJ cost?
Median Sold Price
$280,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Clayton have sold for 21.2% more than they did a year ago.
Summary: The median home sold price in Clayton was $280,000 in March 2024, up 21.2% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $170K | +17.2% |
| 2 Bedrooms | $189.2K | $261K | +37.9% |
| 3 Bedrooms | $230K | $254.9K | +10.8% |
| 4 Bedrooms | $407.9K | $307K | -24.8% |
| 5+ Bedrooms | $195.6K | $315K | +61.0% |
Summary: Clayton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.2%, 2 bedroom homes increased by 37.9%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 24.8%, and 5+ bedroom homes increased by 61%.
Median Sold Price Compared To Nearby Cities
| Clayton | $231K | $280K | +21.2% |
| Glassboro | $277.5K | $330K | +18.9% |
| Elk Township | $280K | $330K | +17.9% |
| Franklinville | $319K | $305K | -4.4% |
Housing Supply in Clayton, NJ
How many homes are available in Clayton, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 41 | 35 | -14.6% |
Summary: The Clayton real estate market had 35 homes for sale in March 2024, a 14.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
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 decreased by 11.8%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
0 Homes Were 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. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Clayton in March 2024, down by 54.5% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.
Days on Market for Clayton, NJ
How long does it take to sell a home in Clayton, NJ?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 24 Days | 17 Days | -30.8% |
Summary: Homes in Clayton had an average of 17 days on market in Mar 2024, down by 30.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was 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 March 2024, 5 homes were sold in Clayton; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
