Clayton, NJ—08312
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Clayton, NJ
As of Oct '25, the median home price in Clayton, NJ is $327,000, with a year-over-year change of 6.6%. This indicates that home prices in Clayton, NJ are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $327,000 | 6.6% |
| Single Family | $330,000 | 6.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $282,000 | 6.8% |
3 Bed | $318,000 | 7.8% |
4 Bed | $413,000 | 10.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Clayton, NJ
As of July '25, Rentcast reports the average rent in Clayton, NJ is $2,790, with a year-over-year rent change of 55.9%. Per bedroom, the median rent as of July '25 in Clayton, NJ is 3-bedrooms: $2,600, 4-bedrooms: $3,080. The most common rental property sizes in Clayton, NJ are 1-bedroom and 2-bedroom, accounting for 42.1% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,790 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,200 | $2,600 |
| 4 Bed Rent | $2,400 | $3,080 |
% of Rental Stock
Property Listings — Clayton, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Clayton, NJ is 26. This is a decrease of -61.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $320,000 | -19.0% |
Listing Count | 28 | -9.0% |
| Listings as % of Homes | 0.8% | -9.0% |
Days on Market | 26 | -61.0% |
Demographics — Clayton, NJ
As of the latest ACS Survey released in 2023, Clayton, NJ has a population of 8,400, which has increased by 1.6% over the past 5 years. Clayton, NJ is a moderately popular place for families, as children make up 20.9% of the population. The area has a poorly educated workforce, with 21.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,400 | 1.6% |
% Under 18 | 20.9% | -0.9% |
% Seniors | 22.3% | 37.7% |
% WFH | 7.6% | 49.0% |
% w/ College Degree | 21.7% | -28.1% |
As of the latest ACS Survey released in 2023, Clayton, NJ is a predominantly white area, with 65.3% of the population identifying as white. The white population has shrunk by 12.7% in the last 5 years. The second most common race or ethnicity in Clayton, NJ is black, making up 21.5% of the population. Foreign-born residents account for 3.7% of the population in Clayton, NJ, and this percentage has increased by 42.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 65.3% | -12.7% |
% Black | 21.5% | 60.4% |
% Hispanic | 9.5% | 251.9% |
% Asian | 0.3% | -84.2% |
% Foreign Born | 3.7% | 42.3% |
Mortgage and Risk — Clayton, NJ
According to HUD data as of 2023, there were 160 mortgage originations in Clayton, NJ, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Clayton, NJ. Investor activity is low, as 1.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 160 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Clayton, NJ
Clayton, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 129 |
Total Units Section 8 | 129 |
% Rentals under Section 8 | 15.7% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,330 |
| 2 Bedroom | N/A | N/A | $1,590 |
| 3 Bedroom | -$280 | $2,200 | $1,920 |
| 4 Bedroom | -$220 | $2,400 | $2,180 |
Affordability — Clayton, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $327,000 |
| Median Household Income | $88,400 |