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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 1,719 people, 900 houses or apartments, and a median cost of homes of $304,883, Clayton 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 Clayton, accounting for 60.65% of the village's housing units. Other types of housing that are prevalent in Clayton include duplexes, homes converted to apartments or other small apartment buildings ( 19.56%), large apartment complexes or high rise apartments ( 13.46%), and a few mobile homes or trailers ( 3.40%).
The most prevalent building size and type in Clayton are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 47.64% owning and 52.36% renting.
The housing in Clayton was primarily built before 1939 ( 45.61%), making the housing stock in Clayton some of the oldest overall in America, although there is a range of ages of homes in Clayton. The next most important housing age is between 1970-1999 ( 35.23%), followed by between 1940-1969 ( 12.91%). There's also some housing in Clayton built between 2000 and later ( 6.25%).
Vacant housing appears to be an issue in Clayton. Fully 28.74% of the housing stock is classified as vacant. Left unchecked, vacant Clayton homes and apartments can be a drag on the real estate market, holding Clayton 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.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Clayton, where house values have increased just 31.07%, which is annualized rate of 2.74%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Clayton appreciation rates have trailed the rest of the nation. In the last twelve months, Clayton's appreciation rate has been -6.41%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Clayton were at -12.99%, which equates to an annual appreciation rate of -42.67%.
Notably, Clayton's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Clayton's latest annual appreciation rate is lower than 90% of the other cities and towns in New York.
$304,883
for New york
for nation
900
$1,655 / per month