Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 13,296, 5,387 total housing units (homes and apartments), and a median house value of $262,375, house prices in Clayton are solidly below the national average.
Single-family detached homes are the single most common housing type in Clayton, accounting for 82.78% of the city's housing units. Other types of housing that are prevalent in Clayton include large apartment complexes or high rise apartments ( 9.07%), row houses and other attached homes ( 5.20%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.96%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Clayton. Owner-occupied housing accounts for 81.25% of Clayton's homes, and 74.97% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Clayton built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Clayton built between 1940-1969 ( 32.18%). A lesser amount of the housing stock also hails from before 1939 ( 12.81%). There's also some housing in Clayton built between 2000 and later ( 5.91%).
In the last 10 years, Clayton has experienced some of the highest home appreciation rates of any community in the nation. Clayton real estate appreciated 116.27% over the last ten years, which is an average annual home appreciation rate of 8.02%, putting Clayton in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Clayton definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Clayton's appreciation rate, at 3.39%, has been at or slightly above the national average. In the latest quarter, Clayton's appreciation rate has been 1.76%, which annualizes to a rate of 7.23%.
Importantly, this makes Clayton one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Ohio, our data show that Clayton's latest annual appreciation rate is lower than 70% of the other cities and towns in Ohio.
$262,375
for Ohio
for nation
5,387
$1,760 / per month