Commercial Real Estate Market in Clay, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
35 active listings and 133 off-market properties in Clay, NY. Commercial property asks $2,057/SF to buy and $17.45/SF/Yr to lease.
Market Trends
Clay, NY spans 41.6 square miles in Onondaga County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Clay, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Clay, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Clay, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Clay, NY asks $76/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 78.3%
- Industrial 13.4%
- Commercial 5.7%
- Planned_development 2.7%
Largest Zones share of zoned land by district
Residential Agricultural
One Family Residential
One Family Residential
Industrial 2
Industrial 1
Clay, NY zones 30,658 acres across 20 districts. Commercial zoning covers 5.7% of zoned land, residential 78.3% and industrial 13.4%. The largest single district is Residential Agricultural at 53.2%. For commercial buyers the practical constraint is that only 19% of land carries a commercial or industrial designation.
Residential Agricultural (RA-100)
RA-100 Residential Agricultural District (based on A-1). (1) Intent. The intent of this district is to accommodate agricultural activities, to provide a setting for low-density family dwellings, and supportive nonresidential development in areas of the Town that are unlikely to be served by both public water and sewers. (2) Uses allowed: (a) Office of Planni…
Market overview
Demographics & Economy
Clay, NY has 29,209 residents in 11,927 households. Density runs 702 people per square mile. Median household income here is $108,613 and median gross rent $1,225 a month.
29,209
Population
11,927
Households
2.4
Avg Household Size
42
Median Age
38%
College-Educated
95%
High-School Grad
41.6 sq mi
ZIP Area
702
Density / Sq Mi
$108,613
Median Household Income
$55,912
Median Earnings
$1,225
Median Rent
$216,919
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Liverpool | — | $13.99 |
| Brewerton | — | — |
| Diamond | — | — |
| Radisson | — | — |
Commercial property in Clay, NY asks $2,057/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Clay?
Commercial property in Clay, NY asks an average of $2,057 per square foot. The 3 most recent recorded sales traded at a median of $157/SF, so asking sits 1207% above the achieved median. Multifamily carries the highest asking price at $76/SF.
How much does it cost to lease commercial space in Clay?
Asking lease rates in Clay, NY average $17.45 per square foot per year.
What zoning applies to commercial property in Clay?
Clay, NY zones 30,658 acres across 20 districts, of which 5.7% is commercial and 13.4% industrial. The largest single district is Residential Agricultural at 53.2% of zoned land. RA-100 Residential Agricultural District (based on A-1). (1) Intent. The intent of this district is to accommodate agricultural activities, to provide a setting for low-density family dwellings, and supportive nonresidential development in areas of the Town that are unlikely to be served by both public water and sewers. (2) Uses allowed: (a) Office of Planni… Residential zoning covers 78.3% and open space 0%.
Where does Realmo's Clay market data come from?
Realmo compiles Clay, NY figures from 3 recent recorded sales, 30 active sale listings, 5 active lease listings, 133 tracked off-market properties, the current Clay zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 30 active for-sale and 5 active for-lease listings in Clay, NY. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 30,658 zoned acres across 20 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
