Clayton, IN46118

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$321,000
1.7% YoY Growth
Median Household Income
$77,500
12.9% 5-Year Growth
Days on Market
73
1.0% Longer than last year
Home Price Forecast
1.8%
Median Rent
$1,350
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,350
N/A

Property Listings — Clayton, IN

As of Oct '25, Realtor.com reports that the median days on market for a home in Clayton, IN is 73. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$346,000-16.0%
Listing Count
1628.0%
Listings as % of Homes0.5%28.0%
Days on Market
731.0%
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Demographics — Clayton, IN

As of the latest ACS Survey released in 2023, Clayton, IN has a population of 4,340, which has decreased by -12.2% over the past 5 years. Clayton, IN is a moderately popular place for families, as children make up 20.0% of the population. The area has a poorly educated workforce, with 22.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,340-12.2%
% Under 18
20.0%-14.5%
% Seniors
21.0%14.8%
% WFH
9.3%138.5%
% w/ College Degree
22.7%29.7%
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As of the latest ACS Survey released in 2023, Clayton, IN is a predominantly white area, with 96.3% of the population identifying as white. The white population has grown by 1.7% in the last 5 years. The second most common race or ethnicity in Clayton, IN is black, making up 1.5% of the population. Foreign-born residents account for 0.8% of the population in Clayton, IN, and this percentage has decreased by 38.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
96.3%1.7%
% Black
1.5%-11.8%
% Hispanic
1.5%87.5%
% Asian
0.3%-57.1%
% Foreign Born
0.8%-38.5%
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Mortgage and Risk — Clayton, IN

According to HUD data as of 2023, there were 179 mortgage originations in Clayton, IN, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Clayton, IN. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
179
% Conventional Loans
83.0%
% Government Loans
17.0%
% Investor Loans
1.0%
% Second Loans
1.0%
% Cash Out Refinance
15.0%

Loan Activity

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Rentals and Section 8 — Clayton, IN

Clayton, IN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,040
2 BedroomN/AN/A$1,220
3 Bedroom$240$1,350$1,590
4 BedroomN/AN/A$1,920

Affordability — Clayton, IN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.8
Median Home Price$321,000
Median Household Income$77,500

Clayton, IN — ZIP Code Boundary Map

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Frequently Asked Questions