Clayton, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Clayton Neighborhoods Since 2000




Clayton, NC Real Estate Data

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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Clayton Housing Market Information

With 19,304 people, 6,500 houses or apartments, and a median cost of homes of $186,146, Clayton real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Clayton, accounting for 76.11% of the town's housing units. Other types of housing that are prevalent in Clayton include large apartment complexes or high rise apartments ( 15.48%), duplexes, homes converted to apartments or other small apartment buildings ( 4.17%), and a few row houses and other attached homes ( 3.85%).

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 66.32% of Clayton's homes, and 72.44% have either three or four bedrooms, which is average sized relative to America.

Clayton homes and real estate are some of the newest in America. 46.25% of Clayton's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Clayton real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 41.81%), and between 1940-1969 ( 9.78%). There's also some housing in Clayton built before 1939 ( 2.16%).

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 5.40%, which ranks in the top 40% nationwide. This equates to an annual average Clayton house appreciation rate of 0.53%.

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 5.64%, which is higher than appreciation rates in 70.74% 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 2.42%, which equates to an annual appreciation rate of 10.04%.

Importantly, this makes Clayton one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$186,146

Clayton, NC HOME PRICES

Value Range
> $1,133,000 0.2
$850,001 - $1,133,000 0.0
$567,001 - $850,000 1.2
$453,001 - $567,000 1.5
$340,001 - $453,000 4.6
$227,001 - $340,000 20.8
$113,001 - $227,000 54.0
$57,001 - $113,000 11.9
$0 - $57,000 5.7

High for NC
High for Nation

Value Relative to Nation Value Relative to State
36.0014063049338 27.5862068965517

Number Of Homes And Apartments:
6,500

Clayton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
22.19% 1.17% 4 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,253 / per month

Homeownership Rate

Homeownership
Owners 66.32
Renters 33.68
Vacant 8.10

Housing Market Details

 

Age of Homes

AGE OF Clayton HOMES
2000 or Newer 46.2
1970 - 1999 41.8
1940 - 1969 9.8
1939 or Older 2.2

Types of Homes

TYPE OF Clayton HOMES
Single-Family 76.1
Townhomes 3.8
Small Apt. Buildings 4.2
Apt. Complexes 15.5
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Clayton HOMES
No Bedroom 0.13
1 Bedroom 4.33
2 Bedrooms 19.67
3 Bedrooms 54.56
4 Bedrooms 17.88
5 or more bedrooms 3.44