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 17,461, 5,964 total housing units (homes and apartments), and a median house value of $1,021,281, Clayton house prices are not only among the most expensive in Missouri, Clayton real estate also is some of the most expensive in all of America.
Large apartment complexes or high rise apartments are the single most common housing type in Clayton, accounting for 48.70% of the city's housing units. Other types of housing that are prevalent in Clayton include single-family detached homes ( 32.06%), duplexes, homes converted to apartments or other small apartment buildings ( 17.02%), and a few row houses and other attached homes ( 2.22%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.
People in Clayton primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Clayton has a mixture of owner-occupied and renter-occupied housing.
The housing in Clayton was primarily built before 1939 ( 36.40%), making the housing stock in Clayton some of the oldest overall in America, although there is a range of ages of homes in Clayton. The next most important housing age is between 1940-1969 ( 30.31%), followed by between 2000 and later ( 21.43%). There's also some housing in Clayton built between 1970-1999 ( 11.87%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Clayton, where house values have increased just 53.63%, which is annualized rate of 4.39%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
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 2.51%, 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 1.36%, which equates to an annual appreciation rate of 5.54%.
Relative to Missouri, our data show that Clayton's latest annual appreciation rate is lower than 80% of the other cities and towns in Missouri.
$1,021,281
for Missouri
for nation
5,964
$2,033 / per month