Is Clay County, TN 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 County has remained a Seller's Market.
Key Takeaway
Clay County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clay County, TN
How much do homes in Clay County, TN cost?
Median Sold Price
$239,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Clay County have sold for 4.4% less than they did a year ago.
Summary: The median home sold price in Clay County was $239,000 in March 2024, down 4.4% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $345K | +228.6% |
| 2 Bedrooms | $149K | $205K | +37.6% |
| 3 Bedrooms | $239K | $310K | +29.7% |
| 4 Bedrooms | $367.7K | - | N/A |
| 5+ Bedrooms | $542.5K | $228K | -58.0% |
Summary: Clay County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 228.6%, 2 bedroom homes increased by 37.6%, 3 bedroom homes increased by 29.7%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 58%.
Median Sold Price Compared To Nearby Counties
| Jackson County | $192K | $255K | +32.8% |
| Overton County | $250K | $264.9K | +6.0% |
| Clay County | $250K | $239K | -4.4% |
Housing Supply in Clay County, TN
How many homes are available in Clay County, TN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 25 | 0.0% |
Summary: The Clay County real estate market had 25 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Clay County 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clay County, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Clay County in March 2024, up by 400.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Clay County, TN
How long does it take to sell a home in Clay County, TN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 146 Days | 57 Days | -60.5% |
Summary: Homes in Clay County had an average of 57 days on market in Mar 2024, down by 60.5% 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 Clay County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Clay County; 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.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.