Clover appreciation rates and housing market information

Clover housing market information

With 4,072 people, 1,619 houses or apartments, and a median cost of homes of $115,569, house prices in Clover are solidly below the national average.

single-family detached homes are the single most common housing type in Clover, accounting for 74.24% of the town's housing units. Other types of housing that are prevalent in Clover include mobile homes or trailers (13.84%), duplexes, homes converted to apartments, or other small apartment buildings (7.72%), and a few large apartment complexes or high rise apartments (3.83%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Clover. Owner-occupied housing accounts for 61.77% of Clover's homes, and 53.31% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Clover's housing was primarily built during this period, from the '40s through the '60s. A full 40.58% of the town's housing hails from this era. Other housing ages represented in Clover include homes built between 1970-1994 (32.80%), and housing constructed from 1939 and earlier (15.38%). There's also some housing in Clover built between 1995 and later (11.24%).

Clover home appreciation rates

Real estate appreciation rates in Clover have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 6.79% during the period.

NeighborhoodScout's data show that during the latest twelve months, Clover home appreciation rates, at 2.36%, have been at or slightly above the national average. In the latest quarter, Clover's appreciation rate has been -0.04%, which annualizes to a rate of -0.16%.

Relative to South Carolina, our data show that Clover's latest annual appreciation rate is higher than 64% of the other cities and towns in South Carolina.