Claymont, DE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Claymont, DE Real Estate Data


Claymont Housing Market Information

With a population of 8,470, 3,579 total housing units (homes and apartments), and a median house value of $222,896, 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 47.23% of the town's housing units. Other types of housing that are prevalent in Claymont include large apartment complexes or high rise apartments ( 25.92%), row houses and other attached homes ( 21.16%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.70%).

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 63.29% owning and 36.71% 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 64.70% of the town's housing hails from this era. Other housing ages represented in Claymont include homes built between 1970-1999 ( 21.73%) and housing constructed before 1939 ( 11.33%). There's also some housing in Claymont built between 2000 and later ( 2.24%).

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 -0.82%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Claymont's appreciation rate, at 5.01%, has been at or slightly above the national average. In the latest quarter, Claymont's appreciation rate has been 1.89%, which annualizes to a rate of 7.76%.

Relative to Delaware, our data show that Claymont's latest annual appreciation rate is lower than 60% of the other cities and towns in Delaware.

Average Home Values

 

Median Home Value:
$222,896

Claymont, DE HOME PRICES

Value Range
> $1,094,000 0.0
$820,001 - $1,094,000 1.0
$547,001 - $820,000 0.3
$437,001 - $547,000 0.7
$328,001 - $437,000 7.6
$219,001 - $328,000 40.3
$110,001 - $219,000 46.5
$55,001 - $110,000 2.2
$0 - $55,000 1.4

Average for DE
High for Nation

Value Relative to Nation Value Relative to State
27.9850090765357 52.2727272727273

Number Of Homes And Apartments:
3,579

Rent & Ownership

 

Average Market Rent:
$1,264 / per month

Homeownership Rate

Homeownership
Owners 63.29
Renters 36.71
Vacant 6.97

Housing Market Details

 

Age of Homes

AGE OF Claymont HOMES
2000 or Newer 2.2
1970 - 1999 21.7
1940 - 1969 64.7
1939 or Older 11.3

Types of Homes

TYPE OF Claymont HOMES
Single-Family 47.2
Townhomes 21.2
Small Apt. Buildings 4.7
Apt. Complexes 25.9
Mobile Homes 1.0
Other 0.0

Home Size

SIZE OF Claymont HOMES
No Bedroom 0.52
1 Bedroom 16.04
2 Bedrooms 26.44
3 Bedrooms 38.65
4 Bedrooms 16.58
5 or more bedrooms 1.77

Claymont Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
DE*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
54.01% 2.57% 4 7
* 10 is highest