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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clay is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 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, WV

How much do homes in Clay, WV cost?

Median Sold Price

$139,900

$96/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,915(+1.4%)

Key Takeaway

Homes in Clay have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Clay was $139,900 in November 2024, up 1.4% from last year, and the median price per square foot was $96.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $68.7K$52K
-24.4%
3 $153K$144.9K
-5.3%
4 $70K$151K
+115.7%
5+ $157.5K$150K
-4.8%

Summary: Clay housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.4%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 115.7%, and 5+ bedroom homes decreased by 4.8%.

Median Sold Price Compared To Nearby Cities

Knox Township
+68.6%
Butler
+28.0%
Toronto
+26.0%
Clay
+1.4%

Housing Supply in Clay, WV

How many homes are available in Clay, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5439-27.8%

Summary: The Clay real estate market had 39 homes for sale in November 2024, a 27.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 98
-11.1%
3 3725
-32.4%
4 32
-33.3%
5+ 43
-25.0%

Summary: The Clay housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 32.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
164-75.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Clay in November 2024, down by 75.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
55 Days85 Days+52.1%

Summary: Homes in Clay had an average of 85 days on market in Nov 2024, up by 52.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 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 November 2024, 4 homes were sold in Clay; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 Clay, WV

Nearby Markets to Clay, WV

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