Clay, NY—13041
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Clay, NY
As of Oct '25, the median home price in Clay, NY is $297,000, with a year-over-year change of 6.2%. This indicates that home prices in Clay, NY are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $297,000 | 6.2% |
| Single Family | $299,000 | 6.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $175,000 | 6.1% |
3 Bed | $275,000 | 5.8% |
4 Bed | $365,000 | 5.8% |
| 5 Bed | $489,000 | 7.7% |
% of Housing Stock
Rental Trends — Clay, NY
As of July '25, Rentcast reports the average rent in Clay, NY is $2,080, with a year-over-year rent change of -9.6%. Per bedroom, the median rent as of July '25 in Clay, NY is 2-bedrooms: $2,080. The most common rental property sizes in Clay, NY are 2-bedroom and 3-bedroom, accounting for 56.0% and 22.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,900 | $2,080 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Clay, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Clay, NY is 78. This is a increase of 105.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $457,000 | 2.0% |
Listing Count | 55 | 18.0% |
| Listings as % of Homes | 0.5% | 18.0% |
Days on Market | 78 | 105.0% |
Demographics — Clay, NY
As of the latest ACS Survey released in 2023, Clay, NY has a population of 12,100, which has increased by 5.6% over the past 5 years. Clay, NY is a moderately popular place for families, as children make up 24.1% of the population. The area has a moderately educated workforce, with 36.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,100 | 5.6% |
% Under 18 | 24.1% | -0.4% |
% Seniors | 16.5% | 27.9% |
% WFH | 12.8% | 245.9% |
% w/ College Degree | 36.3% | -11.9% |
As of the latest ACS Survey released in 2023, Clay, NY is a predominantly white area, with 83.2% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Clay, NY is black, making up 3.0% of the population. Foreign-born residents account for 7.9% of the population in Clay, NY, and this percentage has increased by 64.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.2% | -3.6% |
% Black | 3.0% | -60.5% |
% Hispanic | 2.4% | 0.0% |
% Asian | 2.8% | 64.7% |
% Foreign Born | 7.9% | 64.6% |
Mortgage and Risk — Clay, NY
According to HUD data as of 2023, there were 62 mortgage originations in Clay, NY, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Clay, NY. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 62 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Clay, NY
Clay, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,430 |
| 2 Bedroom | -$140 | $1,900 | $1,760 |
| 3 Bedroom | N/A | N/A | $2,150 |
| 4 Bedroom | N/A | N/A | $2,430 |
Affordability — Clay, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $297,000 |
| Median Household Income | $108,000 |