Clayton, NC—27527
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 $397,000, with a year-over-year change of -1.1%. This indicates that home prices in Clayton, NC are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $397,000 | -1.1% |
| Single Family | $397,000 | -1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $272,000 | -3.2% |
3 Bed | $355,000 | -1.1% |
4 Bed | $444,000 | -1.3% |
| 5 Bed | $482,000 | -1.6% |
% of Housing Stock
Rental Trends — Clayton, NC
As of July '25, Rentcast reports the average rent in Clayton, NC is $2,030, with a year-over-year rent change of 5.2%. Per bedroom, the median rent as of July '25 in Clayton, NC is 1-bedrooms: $1,380, 2-bedrooms: $1,650, 3-bedrooms: $1,970, 4-bedrooms: $2,330. The most common rental property sizes in Clayton, NC are 3-bedroom and 2-bedroom, accounting for 33.7% and 31.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,030 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,310 | $1,380 |
| 2 Bed Rent | $1,650 | $1,650 |
| 3 Bed Rent | $1,960 | $1,970 |
| 4 Bed Rent | $2,200 | $2,330 |
% 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 57. This is a increase of 21.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $415,000 | 0.0% |
Listing Count | 258 | 17.0% |
| Listings as % of Homes | 1.7% | 17.0% |
Days on Market | 57 | 21.0% |
Demographics — Clayton, NC
As of the latest ACS Survey released in 2023, Clayton, NC has a population of 36,000, which has increased by 55.3% over the past 5 years. Clayton, NC is a popular place for families, as children make up 29.1% of the population. The area has a highly educated workforce, with 45.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 36,000 | 55.3% |
% Under 18 | 29.1% | -4.0% |
% Seniors | 10.9% | 17.2% |
% WFH | 20.5% | 99.0% |
% w/ College Degree | 45.5% | 14.9% |
As of the latest ACS Survey released in 2023, Clayton, NC is a predominantly white area, with 67.6% of the population identifying as white. The white population has shrunk by 11.5% in the last 5 years. The second most common race or ethnicity in Clayton, NC is black, making up 14.5% of the population. Foreign-born residents account for 6.0% of the population in Clayton, NC, and this percentage has decreased by 31.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 67.6% | -11.5% |
% Black | 14.5% | 26.1% |
% Hispanic | 11.8% | 57.3% |
% Asian | 1.0% | 25.0% |
% Foreign Born | 6.0% | -31.8% |
Mortgage and Risk — Clayton, NC
According to HUD data as of 2023, there were 1337 mortgage originations in Clayton, NC, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Clayton, NC. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,337 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Clayton, NC
As of 2024, the percent of homes in Clayton, NC under the Section 8 program is 1.0%. 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 | 25 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $360 | $1,310 | $1,670 |
| 2 Bedroom | $200 | $1,650 | $1,850 |
| 3 Bedroom | $340 | $1,960 | $2,300 |
| 4 Bedroom | $910 | $2,200 | $3,110 |
Affordability — Clayton, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $397,000 |
| Median Household Income | $111,000 |