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 Q1 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

Clayton, OH Housing Market Trends

With 13,222 people, 5,171 houses or apartments, and a median cost of homes of $170,238, 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 86.04% of the city's housing units. Other types of housing that are prevalent in Clayton include large apartment complexes or high rise apartments ( 6.51%), duplexes, homes converted to apartments or other small apartment buildings ( 4.23%), and a few row houses and other attached homes ( 3.22%).

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 82.15% of Clayton's homes, and 77.99% 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 ( 41.54%). A lesser amount of the housing stock also hails from before 1939 ( 7.89%). There's also some housing in Clayton built between 2000 and later ( 5.55%).

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 2.75% during the period.

Appreciation rates are so strong in Clayton that despite a nationwide downturn in the housing market, Clayton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Clayton appreciation rates continue to be some of the highest in America, at 9.79%, which is higher than appreciation rates in 89.07% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Clayton. Clayton appreciation rates in the latest quarter were at 1.89%, which equates to an annual appreciation rate of 7.78%.

Relative to Ohio, our data show that Clayton's latest annual appreciation rate is higher than 90% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$170,238

Clayton, OH HOME PRICES

> $1,252,000
0.0%
0.0%
$939,001 - $1,252,000
0.0%
0.0%
$626,001 - $939,000
1.2%
1.2%
$501,001 - $626,000
0.8%
0.8%
$375,001 - $501,000
2.7%
2.7%
$250,001 - $375,000
8.7%
8.7%
$125,001 - $250,000
65.1%
65.1%
$63,001 - $125,000
20.1%
20.1%
$0 - $63,000
1.5%
1.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

Average for OH

Value Relative To Nation

Number Of Homes And Apartments:
5,171

Clayton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
18.81% 0.81%
1
1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,053 / per month

Homeownership Rate

Owners
82.2%
82.2%
Renters
17.8%
17.8%
Vacant
8.5%
8.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
5.6%
5.6%
1970 - 1999
45.0%
45.0%
1940 - 1969
41.5%
41.5%
1939 or Older
7.9%
7.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
86.0%
86.0%
Townhomes
3.2%
3.2%
Small Apt. Buildings
4.2%
4.2%
Apt. Complexes
6.5%
6.5%
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
1.6%
1.6%
2 Bedrooms
15.4%
15.4%
3 Bedrooms
46.3%
46.3%
4 Bedrooms
31.7%
31.7%
5 or more bedrooms
4.0%
4.0%
0.0% 100.0%
% OF HOMES