Is Clayton, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clayton is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Clayton was a Buyer'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, NY

How much do homes in Clayton, NY cost?

Median Sold Price

$300,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$13,700(-4.4%)

Key Takeaway

Homes in Clayton have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Clayton was $300,000 in March 2024, down 4.4% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$353.5K
N/A
2 $160K$185K
+15.6%
3 $287.5K$241.4K
-16.0%
4 $319.9K$452.5K
+41.5%
5+ $533K$747.6K
+40.3%

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 15.6%, 3 bedroom homes decreased by 16%, 4 bedroom homes increased by 41.5%, and 5+ bedroom homes increased by 40.3%.

Housing Supply in Clayton, NY

How many homes are available in Clayton, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
22220.0%

Summary: The Clayton real estate market had 22 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 55
0.0%
3 87
-12.5%
4 45
+25.0%
5+ 55
0.0%

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 12.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clayton, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Clayton in March 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Clayton, NY

How long does it take to sell a home in Clayton, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
184 Days56 Days-69.2%

Summary: Homes in Clayton had an average of 56 days on market in Mar 2024, down by 69.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clayton are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in Clayton; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Clayton, NY

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