Clayton, OH 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 Q4 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

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

Clayton, OH Housing Market Trends

With 13,310 people, 5,369 houses or apartments, and a median cost of homes of $173,329, 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 84.51% of the city's housing units. Other types of housing that are prevalent in Clayton include large apartment complexes or high rise apartments ( 6.77%), row houses and other attached homes ( 5.24%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.48%).

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 82.96% of Clayton's homes, and 78.37% have either three or four bedrooms, which is average sized relative to America.

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. Clayton's housing was primarily built during this period, from the '40s through the '60s. A full 41.72% of the city's housing hails from this era. Other housing ages represented in Clayton include homes built between 1970-1999 ( 41.12%) and housing constructed before 1939 ( 11.68%). There's also some housing in Clayton built between 2000 and later ( 5.49%).

Clayton Home Appreciation Rates

Real estate appreciation rates in Clayton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 4.37% during the period.

NeighborhoodScout's data show that during the latest twelve months, Clayton's appreciation rate, at 18.43%, has been at or slightly above the national average. In the latest quarter, Clayton's appreciation rate has been 6.95%, which annualizes to a rate of 30.86%.

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

Average Home Values

 

Median Home Value:
$173,329

Clayton, OH HOME PRICES

> $1,284,000
0.0%
0.0%
$963,001 - $1,284,000
0.0%
0.0%
$642,001 - $963,000
1.1%
1.1%
$513,001 - $642,000
0.4%
0.4%
$385,001 - $513,000
2.5%
2.5%
$257,001 - $385,000
12.3%
12.3%
$128,001 - $257,000
62.1%
62.1%
$64,001 - $128,000
19.5%
19.5%
$0 - $64,000
2.0%
2.0%
0.0% 100.0%
% OF HOMES
Value Relative To State

Low for Nation

Low for OH

Value Relative To Nation

Number Of Homes And Apartments:
5,369

Clayton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2021 Q3 - 2021 Q4
Last 12 Months:
2020 Q4 - 2021 Q4
Last 2 Years:
2019 Q4 - 2021 Q4
Last 5 Years:
2016 Q4 - 2021 Q4
Last 10 Years:
2011 Q4 - 2021 Q4
Since 2000:
2000 Q1 - 2021 Q4
54.58% 2.00%
4
1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,173 / per month

Homeownership Rate

Owners
83.0%
83.0%
Renters
17.0%
17.0%
Vacant
5.6%
5.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
5.5%
5.5%
1970 - 1999
41.1%
41.1%
1940 - 1969
41.7%
41.7%
1939 or Older
11.7%
11.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
84.5%
84.5%
Townhomes
5.2%
5.2%
Small Apt. Buildings
3.5%
3.5%
Apt. Complexes
6.8%
6.8%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.9%
0.9%
1 Bedroom
2.9%
2.9%
2 Bedrooms
14.2%
14.2%
3 Bedrooms
44.6%
44.6%
4 Bedrooms
33.8%
33.8%
5 or more bedrooms
3.6%
3.6%
0.0% 100.0%
% OF HOMES