Living in Clayton, IL
Clayton, Illinois, offers a quaint suburban lifestyle with easy access to various amenities. The community boasts a friendly atmosphere, excellent schools, and numerous outdoor recreational opportunities. Its proximity to larger cities makes it an attractive option for those seeking a peaceful environment with modern conveniences.
Current Market Conditions in Clayton, IL
The real estate market in Clayton has shown signs of growth in recent months, with a steady increase in home prices and demand. Families looking for spacious properties with yards and solid educational facilities have been attracted to the area, leading to low inventory but high buyer interest. This trend is expected to continue as people seek more lifestyle-friendly environments post-pandemic, further contributing to Clayton’s appeal.
New developments are being considered to accommodate the growing population, indicating a positive trajectory for the local economy. Real estate agents report that homes in Clayton typically spend a shorter time on the market compared to the previous year, highlighting a trend of rising attractiveness among home buyers.
Home Value Estimator For Clayton, IL
There are currently 389 real estate properties
in Clayton, IL,
with a median automated valuation model (AVM) price
of $83,196.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Clayton, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Clayton, IL,
is $107,798.00, with the most expensive house
in Clayton, IL, topping out
at $677,102.00 and the cheapest home
in Clayton, IL,
clocking in at $12,274.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Clayton, IL!
Rent Prices
In Clayton, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Clayton, IL, is on
a rollercoaster ride. The
average rent price in Clayton, IL,
is $869.00. Indeed, when looking to rent in
Clayton, IL, you can expect to pay as little
as $460.00 or as much
as $1,840.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Clayton, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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