Clayton, NC—27520
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Clayton, NC
Home Price Trends — Clayton, NC
As of Oct '25, the median home price in Clayton, NC is $333,000, with a year-over-year change of -2.0%. This indicates that home prices in Clayton, NC are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $333,000 | -2.0% |
| Single Family | $334,000 | -2.1% |
| Condos | $223,000 | -4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $227,000 | -4.2% |
3 Bed | $315,000 | -2.5% |
4 Bed | $420,000 | -2.1% |
| 5 Bed | $508,000 | -2.3% |
% of Housing Stock
Rental Trends — Clayton, NC
As of July '25, Rentcast reports the average rent in Clayton, NC is $1,750, with a year-over-year rent change of 2.3%. Per bedroom, the median rent as of July '25 in Clayton, NC is 1-bedrooms: $1,340, 2-bedrooms: $1,530, 3-bedrooms: $1,830, 4-bedrooms: $2,210. The most common rental property sizes in Clayton, NC are 2-bedroom and 3-bedroom, accounting for 47.4% and 27.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,720 | $1,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,370 | $1,340 |
| 2 Bed Rent | $1,550 | $1,530 |
| 3 Bed Rent | $1,800 | $1,830 |
| 4 Bed Rent | $2,140 | $2,210 |
% of Rental Stock
Property Listings — Clayton, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Clayton, NC is 65. This is a increase of 9.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $333,000 | -5.0% |
Listing Count | 333 | 5.0% |
| Listings as % of Homes | 1.4% | 5.0% |
Days on Market | 65 | 9.0% |
Demographics — Clayton, NC
As of the latest ACS Survey released in 2023, Clayton, NC has a population of 48,700, which has increased by 19.8% over the past 5 years. Clayton, NC is a moderately popular place for families, as children make up 24.2% of the population. The area has a moderately educated workforce, with 29.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 48,700 | 19.8% |
% Under 18 | 24.2% | -3.6% |
% Seniors | 12.0% | 7.1% |
% WFH | 14.0% | 154.5% |
% w/ College Degree | 29.0% | 18.9% |
As of the latest ACS Survey released in 2023, Clayton, NC is a predominantly white area, with 57.6% 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, NC is black, making up 22.2% of the population. Foreign-born residents account for 9.1% of the population in Clayton, NC, and this percentage has increased by 33.8% 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 | 57.6% | -12.7% |
% Black | 22.2% | 7.8% |
% Hispanic | 16.7% | 42.7% |
% Asian | 0.8% | 33.3% |
% Foreign Born | 9.1% | 33.8% |
Mortgage and Risk — Clayton, NC
According to HUD data as of 2023, there were 1423 mortgage originations in Clayton, NC, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Clayton, NC. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,423 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Clayton, NC
As of 2024, the percent of homes in Clayton, NC under the Section 8 program is 2.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Clayton, NC, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 206 |
Total Units Section 8 | 129 |
% Rentals under Section 8 | 2.9% |
% Occupied Section 8 | 94.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $1,370 | $1,440 |
| 2 Bedroom | $40 | $1,550 | $1,590 |
| 3 Bedroom | $180 | $1,800 | $1,980 |
| 4 Bedroom | $530 | $2,140 | $2,670 |
Affordability — Clayton, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $333,000 |
| Median Household Income | $84,500 |