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 13,235 people, 5,453 houses or apartments, and a median cost of homes of $241,005, 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 82.22% of the city's housing units. Other types of housing that are prevalent in Clayton include large apartment complexes or high rise apartments ( 9.54%), row houses and other attached homes ( 6.41%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.84%).
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 80.88% of Clayton's homes, and 78.00% 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 ( 36.31%). A lesser amount of the housing stock also hails from before 1939 ( 11.37%). There's also some housing in Clayton built between 2000 and later ( 6.34%).
Appreciation rates for homes in Clayton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 98.60%, which ranks in the top 40% nationwide. This equates to an annual average Clayton house appreciation rate of 7.10%.
Over the last year, Clayton appreciation rates have trailed the rest of the nation. In the last twelve months, Clayton's appreciation rate has been 3.84%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Clayton were at 2.95%, which equates to an annual appreciation rate of 12.32%.
Relative to Ohio, our data show that Clayton's latest annual appreciation rate is lower than 80% of the other cities and towns in Ohio.
$241,005
for Ohio
for nation
5,453
$1,931 / per month