Is Clayton, NJ 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 October 2023

Since last year, Clayton has remained a Seller'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, NJ

How much do homes in Clayton, NJ cost?

Median Sold Price

$305,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+10.9%)

Key Takeaway

Homes in Clayton have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in Clayton was $305,000 in October 2024, up 10.9% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $152.5K$172.5K
+13.1%
2 $231K$252.5K
+9.3%
3 $255K$287.8K
+12.9%
4 $305K$385K
+26.2%
5+ $257.5K$233.2K
-9.4%

Summary: Clayton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.1%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 26.2%, and 5+ bedroom homes decreased by 9.4%.

Median Sold Price Compared To Nearby Cities

Glassboro
+19.1%
Clayton
+10.9%
Franklinville
+9.7%

Housing Supply in Clayton, NJ

How many homes are available in Clayton, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2833+17.9%

Summary: The Clayton real estate market had 33 homes for sale in October 2024, a 17.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1519
+26.7%
4 1011
+10.0%
5+ 11
0.0%

Summary: The Clayton 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 remained the same, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clayton, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Clayton in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 0% were sold under asking, 38% were sold at asking, and 63% were sold over asking.

Days on Market for Clayton, NJ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days110 Days+512.5%

Summary: Homes in Clayton had an average of 110 days on market in Oct 2024, up by 512.5% compared to last year.

Breakdown of Home Sale Times

5 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 October 2024, 8 homes were sold in Clayton; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% 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 20 Days Ago

Newest Listings in Clayton, NJ

Nearby Markets to Clayton, NJ

What housing markets are near Clayton, NJ?