The housing market in 36016 Clayton, AL is booming, with the median home value being $100,200. This is significantly lower than the US median home value of $338,100. However, homes in this area are appreciating at a much faster rate than the national average of 8.27%, with appreciation rates reaching 16.13% over the past year. This makes it an ideal location for homeowners looking for an affordable yet rapidly appreciating housing market.
The median home cost in Clayton (zip 36016) is $100,200. Home appreciation the last 10 years has been 46.0%. Home Appreciation in Clayton (zip 36016) is up 13.3%.
Average Age of Homes
- The median age of Clayton (zip 36016) real estate is 32 years old
The Rental Market in Clayton (zip 36016)
- Renters make up 22.2% of the Clayton (zip 36016) population
- 1.0% of houses and apartments in Clayton (zip 36016), 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.