Clinton, CT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Clinton Neighborhoods Since 2000




Clinton, CT Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Clinton Housing Market Information

With a population of 13,047, 5,338 total housing units (homes and apartments), and a median house value of $299,063, Clinton real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Clinton, accounting for 80.62% of the town's housing units. Other types of housing that are prevalent in Clinton include duplexes, homes converted to apartments or other small apartment buildings ( 8.07%), mobile homes or trailers ( 4.42%), and a few large apartment complexes or high rise apartments ( 4.30%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Clinton. Owner-occupied housing accounts for 80.09% of Clinton's homes, and 63.25% 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. Clinton's housing was primarily built during this period, from the '40s through the '60s. A full 43.22% of the town's housing hails from this era. Other housing ages represented in Clinton include homes built between 1970-1999 ( 35.52%) and housing constructed before 1939 ( 14.60%). There's also some housing in Clinton built between 2000 and later ( 6.66%).

Vacant housing appears to be an issue in Clinton. Fully 13.30% of the housing stock is classified as vacant. Left unchecked, vacant Clinton homes and apartments can be a drag on the real estate market, holding Clinton real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Clinton Home Appreciation Rates

Homes have actually lost value in Clinton over the last then years, as home values have seen a decline of 21.96% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Clinton home appreciation rates at -1.07%, which equates to an annual appreciation rate of -4.22%.

Over the last year, Clinton appreciation rates have trailed the rest of the nation. In the last twelve months, Clinton's appreciation rate has been 2.63%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Clinton were at -1.07%, which equates to an annual appreciation rate of -4.22%.

Notably, Clinton's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Connecticut, our data show that Clinton's latest annual appreciation rate is higher than 80% of the other cities and towns in Connecticut.

Average Home Values

 

Median Home Value:
$299,063

Clinton, CT HOME PRICES

Value Range
> $999,000 2.8
$749,001 - $999,000 1.7
$499,001 - $749,000 6.2
$399,001 - $499,000 11.9
$299,001 - $399,000 19.2
$199,001 - $299,000 39.4
$100,001 - $199,000 13.2
$50,001 - $100,000 1.3
$0 - $50,000 4.3

High for CT
Very High for Nation

Value Relative to Nation Value Relative to State
16.3717332708309 39.6449704142012

Number Of Homes And Apartments:
5,338

Clinton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CT*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
32.21% 1.63% 8 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,529 / per month

Homeownership Rate

Homeownership
Owners 80.09
Renters 19.91
Vacant 13.30

Housing Market Details

 

Age of Homes

AGE OF Clinton HOMES
2000 or Newer 6.7
1970 - 1999 35.5
1940 - 1969 43.2
1939 or Older 14.6

Types of Homes

TYPE OF Clinton HOMES
Single-Family 80.6
Townhomes 2.6
Small Apt. Buildings 8.1
Apt. Complexes 4.3
Mobile Homes 4.4
Other 0.0

Home Size

SIZE OF Clinton HOMES
No Bedroom 0.45
1 Bedroom 9.26
2 Bedrooms 23.75
3 Bedrooms 41.06
4 Bedrooms 22.19
5 or more bedrooms 3.30