Claymont, DE Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Claymont, DE Housing Market Trends

With a population of 8,470, 3,614 total housing units (homes and apartments), and a median house value of $256,213, Claymont real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Claymont, accounting for 45.38% of the town's housing units. Other types of housing that are prevalent in Claymont include large apartment complexes or high rise apartments ( 25.16%), row houses and other attached homes ( 24.18%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.07%).

The most prevalent building size and type in Claymont are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 57.97% owning and 42.03% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Claymont's housing was primarily built during this period, from the '40s through the '60s. A full 53.36% of the town's housing hails from this era. Other housing ages represented in Claymont include homes built between 1970-1999 ( 19.76%) and housing constructed before 1939 ( 17.39%). There's also some housing in Claymont built between 2000 and later ( 9.49%).

Claymont Home Appreciation Rates

Claymont's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Claymont during the period has been just 2.43%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Claymont's appreciation rate, at 8.94%, has been at or slightly above the national average. In the latest quarter, Claymont's appreciation rate has been 3.46%, which annualizes to a rate of 14.57%.

Relative to Delaware, our data show that Claymont's latest annual appreciation rate is higher than 70% of the other cities and towns in Delaware.

Average Home Values

 

Median Home Value:
$256,213

Claymont, DE HOME PRICES

> $1,194,000
0.2%
0.2%
$896,001 - $1,194,000
0.0%
0.0%
$597,001 - $896,000
0.2%
0.2%
$478,001 - $597,000
0.3%
0.3%
$358,001 - $478,000
3.7%
3.7%
$239,001 - $358,000
50.0%
50.0%
$120,001 - $239,000
42.1%
42.1%
$60,001 - $120,000
3.0%
3.0%
$0 - $60,000
0.6%
0.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Average for DE

Value Relative To Nation

Number Of Homes And Apartments:
3,614

Claymont Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
DE*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
82.42% 2.84%
4
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,880 / per month

Homeownership Rate

Owners
58.0%
58.0%
Renters
42.0%
42.0%
Vacant
8.8%
8.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
9.5%
9.5%
1970 - 1999
19.8%
19.8%
1940 - 1969
53.4%
53.4%
1939 or Older
17.4%
17.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
45.4%
45.4%
Townhomes
24.2%
24.2%
Small Apt. Buildings
5.1%
5.1%
Apt. Complexes
25.2%
25.2%
Mobile Homes
0.2%
0.2%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.5%
0.5%
1 Bedroom
13.3%
13.3%
2 Bedrooms
25.1%
25.1%
3 Bedrooms
40.2%
40.2%
4 Bedrooms
19.5%
19.5%
5 or more bedrooms
1.5%
1.5%
0.0% 100.0%
% OF HOMES