Is Clay, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Clay was a Neutral Market.
Key Takeaway
Clay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clay, WV
How much do homes in Clay, WV cost?
Median Sold Price
$138,750
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Clay have sold for 16.6% more than they did a year ago.
Summary: The median home sold price in Clay was $138,750 in March 2024, up 16.6% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $105K | $59.9K | -43.0% |
| 3 Bedrooms | $137.4K | $152.5K | +10.9% |
| 4 Bedrooms | $98.7K | $100K | +1.3% |
| 5+ Bedrooms | $105K | $157.5K | +50.0% |
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 decreased by 43%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 50%.
Housing Supply in Clay, WV
How many homes are available in Clay, WV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 30 | 37 | +23.3% |
Summary: The Clay real estate market had 37 homes for sale in March 2024, a 23.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 15 | 23 | +53.3% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Clay 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 increased by 53.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clay, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Clay in March 2024, up by 100.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Clay, WV
How long does it take to sell a home in Clay, WV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 130 Days | 71 Days | -45.4% |
Summary: Homes in Clay had an average of 71 days on market in Mar 2024, down by 45.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Clay has remained consistent over time.
Summary: During March 2024, 8 homes were sold in Clay; 13% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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