<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF CLAYTON HOMES, INC. FOR THE QUARTER ENDED MARCH 31,
1995, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH 
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY> US DOLLARS
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          JUN-30-1995
<PERIOD-START>                             JUL-01-1994
<PERIOD-END>                               MAR-31-1995
<EXCHANGE-RATE>                                      1
<CASH>                                         102,430
<SECURITIES>                                         0
<RECEIVABLES>                                  265,966
<ALLOWANCES>                                    11,961
<INVENTORY>                                     85,873
<CURRENT-ASSETS>                                     0
<PP&E>                                         161,569
<DEPRECIATION>                                   5,792
<TOTAL-ASSETS>                                 709,107
<CURRENT-LIABILITIES>                                0
<BONDS>                                         54,488
<COMMON>                                       177,360
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     399,748
<TOTAL-LIABILITY-AND-EQUITY>                   709,107
<SALES>                                        426,387
<TOTAL-REVENUES>                               525,615
<CGS>                                          295,767
<TOTAL-COSTS>                                  436,164
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                 3,000
<INTEREST-EXPENSE>                               5,003
<INCOME-PRETAX>                                 91,399
<INCOME-TAX>                                    32,700
<INCOME-CONTINUING>                             58,699
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    58,699
<EPS-PRIMARY>                                      .77
<EPS-DILUTED>                                      .77