$2,136 Closing Credit*
$179,900
1,114 SqFt
3 Beds
•2 Full Baths
Al Smith, Listing Office: Avast Realty- Birmingham
Is Clay, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Clay was a Seller's Market.
Key Takeaway
Clay is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Clay, AL
How much do homes in Clay, AL cost?
Median Sold Price
$230,000
$122/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$45,000(-16.4%)
Key Takeaway
Homes in Clay have sold for 16.4% less than they did a month ago.
Summary: The median home sold price in Clay was $230,000 in December 2024, down 16.4% from last month, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $209K | - | N/A |
| 3 Bedrooms | $244.7K | $250K | +2.1% |
| 4 Bedrooms | $310K | $230K | -25.8% |
| 5+ Bedrooms | $434.8K | - | N/A |
Summary: Clay housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 25.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Palmerdale | $217.5K | $329.9K | +51.7% |
| Pinson | $229.9K | $290K | +26.1% |
| Trussville | $372.7K | $398.2K | +6.9% |
| Center Point | $131.2K | $122.5K | -6.7% |
| Clay | $275K | $230K | -16.4% |
Housing Supply in Clay, AL
How many homes are available in Clay, AL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 42 | 43 | +2.4% |
Summary: The Clay real estate market had 43 homes for sale in December 2024, a 2.4% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 25 | 25 | 0.0% |
| 4 Bedrooms | 8 | 13 | +62.5% |
| 5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Clay housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 3 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clay, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Clay in December 2024, down by 66.7% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Clay, AL
How long does it take to sell a home in Clay, AL?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 115 Days | 24 Days | -78.6% |
Summary: Homes in Clay had an average of 24 days on market in Dec 2024, down by 78.6% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clay are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in Clay; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
