Is Clayton, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clayton is a buyer's market

Buyer's
Market

Difference Since May 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, GA

How much do homes in Clayton, GA cost?

Median Sold Price

$392,000

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$18,000(+4.8%)

Key Takeaway

Homes in Clayton have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Clayton was $392,000 in May 2024, up 4.8% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $227.5K$275K
+20.9%
2 $270K$315K
+16.7%
3 $399K$385K
-3.5%
4 $465K$555K
+19.4%
5+ $770K$1.3M
+74.0%

Summary: Clayton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.9%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 74%.

Housing Supply in Clayton, GA

How many homes are available in Clayton, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
98123+25.5%

Summary: The Clayton real estate market had 123 homes for sale in May 2024, a 25.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 2531
+24.0%
3 4761
+29.8%
4 1320
+53.8%
5+ 119
-18.2%

Summary: The Clayton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 24%, 3 bedroom homes increased by 29.8%, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1012+20.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clayton, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Clayton in May 2024, up by 20.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 33% were sold at asking, and 8% were sold over asking.

Days on Market for Clayton, GA

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

Average Sale Time

May 2023May 2024CHANGE
70 Days44 Days-37.1%

Summary: Homes in Clayton had an average of 44 days on market in May 2024, down by 37.1% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 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 May 2024, 12 homes were sold in Clayton; 75% of homes were sold within 30 days, 0% 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 1 Day Ago

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