Claysville, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Claysville, PA 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

Claysville Housing Market Information

With 810 people, 344 houses or apartments, and a median cost of homes of $166,433, Claysville real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Claysville, accounting for 69.61% of the borough's housing units. Other types of housing that are prevalent in Claysville include large apartment complexes or high rise apartments ( 14.55%), duplexes, homes converted to apartments or other small apartment buildings ( 12.21%), and a few row houses and other attached homes ( 2.60%).

People in Claysville primarily live in small (one, two or no bedroom) single-family detached homes. Claysville has a mixture of owner-occupied and renter-occupied housing.

The housing in Claysville was primarily built before 1939 ( 73.51%), making the housing stock in Claysville some of the oldest overall in America, although there is a range of ages of homes in Claysville. The next most important housing age is between 1940-1969 ( 10.13%), followed by between 2000 and later ( 9.61%). There's also some housing in Claysville built between 1970-1999 ( 6.75%).

Vacant housing appears to be an issue in Claysville. Fully 10.65% of the housing stock is classified as vacant. Left unchecked, vacant Claysville homes and apartments can be a drag on the real estate market, holding Claysville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Claysville Home Appreciation Rates

In the last 10 years, Claysville has experienced some of the highest home appreciation rates of any community in the nation. Claysville real estate appreciated 29.97% over the last ten years, which is an average annual home appreciation rate of 2.66%, putting Claysville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Claysville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Claysville appreciation rates have trailed the rest of the nation. In the last twelve months, Claysville's appreciation rate has been 2.67%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Claysville were at -0.41%, which equates to an annual appreciation rate of -1.65%.

Relative to Pennsylvania, our data show that Claysville's latest annual appreciation rate is higher than 50% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$166,433

Claysville, PA HOME PRICES

Value Range
> $1,117,000 0.7
$838,001 - $1,117,000 0.1
$558,001 - $838,000 1.3
$447,001 - $558,000 3.6
$335,001 - $447,000 8.5
$223,001 - $335,000 17.0
$112,001 - $223,000 36.8
$56,001 - $112,000 19.6
$0 - $56,000 12.4

High for PA
Average for Nation

Value Relative to Nation Value Relative to State
43.0680885972108 35.2657004830918

Number Of Homes And Apartments:
344

Claysville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
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
71.25% 3.17% 10 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$857 / per month

Homeownership Rate

Homeownership
Owners 52.25
Renters 47.75
Vacant 10.65

Housing Market Details

 

Age of Homes

AGE OF Claysville HOMES
2000 or Newer 9.6
1970 - 1999 6.8
1940 - 1969 10.1
1939 or Older 73.5

Types of Homes

TYPE OF Claysville HOMES
Single-Family 69.6
Townhomes 2.6
Small Apt. Buildings 12.2
Apt. Complexes 14.5
Mobile Homes 1.0
Other 0.0

Home Size

SIZE OF Claysville HOMES
No Bedroom 8.05
1 Bedroom 12.47
2 Bedrooms 27.53
3 Bedrooms 32.99
4 Bedrooms 12.99
5 or more bedrooms 5.97

Popular Neighborhoods in Claysville

Zip Codes in Claysville, PA