Is Clay, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clay is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Clay has remained a Seller's 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

$140,200

$95/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,200(+3.9%)

Key Takeaway

Homes in Clay have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Clay was $140,200 in October 2024, up 3.9% from last year, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $70.7K$54.9K
-22.4%
3 $148K$145K
-2.0%
4 $76K$150K
+97.4%
5+ $157.5K$150K
-4.8%

Summary: Clay housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.4%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 97.4%, and 5+ bedroom homes decreased by 4.8%.

Median Sold Price Compared To Nearby Cities

Knox Township
+57.6%
Butler
+25.5%
Toronto
+25.2%
New Cumberland
+18.5%
Clay
+3.9%

Housing Supply in Clay, WV

How many homes are available in Clay, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5556+1.8%

Summary: The Clay real estate market had 56 homes for sale in October 2024, a 1.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 89
+12.5%
3 3839
+2.6%
4 53
-40.0%
5+ 34
+33.3%

Summary: The Clay housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1214+16.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clay, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Clay in October 2024, up by 16.7% month-over-month. Of the 14 sold homes, 64% were sold under asking, 0% were sold at asking, and 36% 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

Oct 2023Oct 2024CHANGE
38 Days85 Days+122.9%

Summary: Homes in Clay had an average of 85 days on market in Oct 2024, up by 122.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Clay has remained consistent over time.

Summary: During October 2024, 14 homes were sold in Clay; 14% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 43% 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 3 Days Ago

Newest Listings in Clay, WV

Nearby Markets to Clay, WV

What housing markets are near Clay, WV?