$145,000
0.46 Acres
Land
Iris Janira Rivera, Listing Office: Better Homes and Gardens Real Estate Maturo
Is Clayton, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Clayton was a Seller's Market.
Key Takeaway
Clayton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Clayton, NJ
How much do homes in Clayton, NJ cost?
Median Sold Price
$321,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$61,000(+23.5%)
Key Takeaway
Homes in Clayton have sold for 23.5% more than they did a year ago.
Summary: The median home sold price in Clayton was $321,000 in November 2024, up 23.5% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $152.5K | $172.5K | +13.1% |
| 2 Bedrooms | $260K | $245K | -5.8% |
| 3 Bedrooms | $245K | $295K | +20.4% |
| 4 Bedrooms | $287.5K | $392.5K | +36.5% |
| 5+ Bedrooms | $257.5K | $358.5K | +39.2% |
Summary: Clayton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.1%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 20.4%, 4 bedroom homes increased by 36.5%, and 5+ bedroom homes increased by 39.2%.
Median Sold Price Compared To Nearby Cities
| Elk Township | $260K | $363K | +39.6% |
| Clayton | $260K | $321K | +23.5% |
| Glassboro | $320K | $384.9K | +20.3% |
| Franklinville | $319K | $337.2K | +5.7% |
Housing Supply in Clayton, NJ
How many homes are available in Clayton, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 40 | +29.0% |
Summary: The Clayton real estate market had 40 homes for sale in November 2024, a 29.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 18 | 24 | +33.3% |
| 4 Bedrooms | 10 | 12 | +20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Clayton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Clayton, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Clayton in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 36 Days | +149.7% |
Summary: Homes in Clayton had an average of 36 days on market in Nov 2024, up by 149.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Clayton has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Clayton; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
