$3,561 Closing Credit*
$299,900
1,800 SqFt
3 Beds
•2 Full Baths
Brian Craven, Listing Office: Craven Realty & Auction
Is Clay County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Clay County was a Seller's Market.
Key Takeaway
Clay County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Clay County, TN
How much do homes in Clay County, TN cost?
Median Sold Price
$236,500
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$108,500(-31.4%)
Key Takeaway
Homes in Clay County have sold for 31.4% less than they did a year ago.
Summary: The median home sold price in Clay County was $236,500 in October 2024, down 31.4% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $345K | - | N/A |
| 2 Bedrooms | $205K | $160K | -22.0% |
| 3 Bedrooms | $350K | $280K | -20.0% |
| 4 Bedrooms | $395K | $695K | +75.9% |
| 5+ Bedrooms | $349.9K | $228K | -34.8% |
Summary: Clay County 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%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 75.9%, and 5+ bedroom homes decreased by 34.8%.
Median Sold Price Compared To Nearby Counties
| Overton County | $225K | $280K | +24.4% |
| Jackson County | $245K | $242.5K | -1.0% |
| Clay County | $345K | $236.5K | -31.4% |
Housing Supply in Clay County, TN
How many homes are available in Clay County, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 26 | -7.1% |
Summary: The Clay County real estate market had 26 homes for sale in October 2024, a 7.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Clay County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were 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 County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Clay County in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Clay County, TN
How long does it take to sell a home in Clay County, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 10 Days | -81.2% |
Summary: Homes in Clay County had an average of 10 days on market in Oct 2024, down by 81.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clay County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Clay County; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.