Is Clayton, NM 88415 a buyer’s or seller’s market?
Clayton is a buyer’s market. With about 8.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Clayton housing market right now
In the three months ending August 31, 2026, 0% of homes in Clayton, NM 88415 sold above their list price, the typical home went under contract in 65 days and there were 8.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (189 days then) and the median sale price fell 8% to $125,546. Overall, Clayton is more competitive than a year ago, so tougher for buyers.
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Questions about Clayton real estate
Is Clayton a buyer’s or seller’s market?
A buyer’s market: there were 8.8 months of supply in Clayton, NM 88415 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Clayton?
The typical home went under contract in 65 days in the latest three months.
Do homes in Clayton sell over asking?
0% of homes sold above their original list price.
What are property taxes in Clayton?
About 0.70% of a home’s value a year in Union County, or roughly $2,800 on a $400,000 home.
What is the median home price in Clayton?
The median sale price was $125,546 in the three months ending August 31, 2026, about $77 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology