Clayton appreciation rates and housing market information

Clayton housing market information

With 12,826 people, 5,867 houses or apartments, and a median cost of homes of $687,726, 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 39.49% of the city's housing units. Other types of housing that are prevalent in Clayton include single-family detached homes (37.82%), duplexes, homes converted to apartments, or other small apartment buildings (19.82%), and a few row houses and other attached homes (2.86%). Cities that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of cities are often walkable and compact, and often have a lively downtown.

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 (43.57%), making the housing stock in Clayton some of the older overall in America, although there is a range of ages of homes in Clayton. The next most important Clayton housing age is 1940-1969 (40.09%), followed by 1970-1994 (11.01%). There's also some housing in Clayton built between 1995 and later (5.33%).

Clayton home appreciation rates

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 84.05%, which ranks in the top 40% nationwide. This equates to an annual average Clayton house appreciation rate of 8.40%.

NeighborhoodScout's data show that during the latest twelve months, Clayton home appreciation rates, at 1.33%, have been at or slightly above the national average. In the latest quarter, Clayton's appreciation rate has been 0.59%, which annualizes to a rate of 2.36%.

Relative to Missouri, our data show that Clayton's latest annual appreciation rate is higher than 24% of the other cities and towns in Missouri.