Is Clay, NY 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, Clay has remained a Seller's Market.
Housing Prices in Clay, NY
How much do homes in Clay, NY cost?
Median Sold Price
$250,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Clay was $250,000 in March 2024, up 16.3% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $182.4K | N/A |
2 Bedrooms | $166K | $181.1K | +9.1% |
3 Bedrooms | $200K | $242.4K | +21.2% |
4 Bedrooms | $252K | $274K | +8.7% |
5+ Bedrooms | $380.4K | $400K | +5.1% |
Summary: Clay 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 9.1%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
Schroeppel | $182.2K | $213.8K | +17.4% |
Clay | $214.9K | $250K | +16.3% |
North Syracuse | $165K | $189.9K | +15.1% |
Brewerton | $241.2K | $277K | +14.8% |
Housing Supply in Clay, NY
How many homes are available in Clay, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
113 | 112 | -0.9% |
Summary: The Clay real estate market had 112 homes for sale in March 2024, a 0.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 65 | 62 | -4.6% |
4 Bedrooms | 35 | 37 | +5.7% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Clay housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 26 | -23.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Clay in March 2024, down by 23.5% month-over-month. Of the 26 sold homes, 35% were sold under asking, 8% were sold at asking, and 58% were sold over asking.
Days on Market for Clay, NY
How long does it take to sell a home in Clay, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
9 Days | 12 Days | +34.0% |
Summary: Homes in Clay had an average of 12 days on market in Mar 2024, up by 34% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in Clay; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.