Clay Arsenal Real Estate Market Extends Increase in Home Prices

The number of sellers who put their homes up for sale in the Clay Arsenal market over the last 30 days remained flat this week at three. Home sales also remained unchanged from the prior period and once again three homes were sold. The median sales price has been increasing as it hit $230,000, extending a four-week long spike. With only three months of inventory to sell, Clay Arsenal is a seller's market, in spite of the flat sales.

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Demographic facts for Clay Arsenal:

  • The rating for this area for population growth is 51. (Scale: 1 = Worst, 100 = Best)
  • This area has a property tax of $19.40/$1,000.
  • Here are some of the distributions of commute times for the area: <15 min (30.0%), 15-29 min (50.1%), 30-44 min (13.3%), 45-59 min (3.6%), >60 min (2.9%).

Data reported through 10/12/2016

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