The housing market in Clayton, MI is performing well compared to the rest of the US. The median value of homes in Clayton is $201,100, which is significantly lower than the US median value of $338,100. However, house appreciation over the last year has been higher in Clayton than across the entire US, with an increase of 9.09% compared to 8.27%. This indicates that although the cost of housing may be lower in Clayton than other parts of the country, it is still a desirable place to live and invest in real estate.
The median home cost in Clayton is $201,100. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Clayton is up 16.2%.
Average Age of Homes
- The median age of Clayton real estate is 78 years old
The Rental Market in Clayton
- Renters make up 29.4% of the Clayton population
- 0.0% of houses and apartments in Clayton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.