Housing Market Trends:
|Clayton Real Estate – Trulia|
Housing in the Clayton primarily consists of historic of single family homes, older condominium buildings and some rental properties.
Clayton includes some of the most affluent neighborhoods in the St. Louis region and it can be hard to find a moderate priced home. Many of the older properties have had extensive renovation to bring residents the latest modern amenities.
Clayton is also a relatively small area with a low turnover rate in housing ownership. As a result, the supply of homes for sale in Clayton is limited. Buyers who want to purchase a Clayton home typically watch the market for every new listing for a period of time and are willing to make compromises. Even the most expensive of homes will often require some renovation by the new owner after closing.
Just about all of the land has been developed in Clayton. There are a limited supply of new construction homes available. These homes are almost always built after tearing down a former residence and are embedded in existing neighborhoods.
The entire community of Clayton attends the Clayton School District. Some parts of Richmond Heights also attend Clayton schools.
Clayton School District is considered by many as the best school district in the region. It has 1 high school, 1 middle school and 3 elementary schools.