Clewiston, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Clewiston Neighborhoods Since 2000




Clewiston, FL 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

Clewiston Housing Market Information

With 7,505 people, 2,404 houses or apartments, and a median cost of homes of $178,590, Clewiston real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Clewiston, accounting for 60.83% of the city's housing units. Other types of housing that are prevalent in Clewiston include mobile homes or trailers ( 18.24%), duplexes, homes converted to apartments or other small apartment buildings ( 13.73%), and a few large apartment complexes or high rise apartments ( 3.69%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Clewiston. Owner-occupied housing accounts for 67.46% of Clewiston's homes, and 52.15% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Clewiston built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Clewiston built between 1940-1969 ( 22.06%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.55%). There's also some housing in Clewiston built before 1939 ( 4.54%).

Vacant housing appears to be an issue in Clewiston. Fully 17.90% of the housing stock is classified as vacant. Left unchecked, vacant Clewiston homes and apartments can be a drag on the real estate market, holding Clewiston 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.

Clewiston Home Appreciation Rates

Homes have actually lost value in Clewiston over the last then years, as home values have seen a decline of 22.65% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Clewiston home appreciation rates at 1.20%, which equates to an annual appreciation rate of 4.89%.

Appreciation rates are so strong in Clewiston that despite a nationwide downturn in the housing market, Clewiston real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Clewiston appreciation rates continue to be some of the highest in America, at 15.14%, which is higher than appreciation rates in 99.40% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Clewiston. Clewiston appreciation rates in the latest quarter were at 1.20%, which equates to an annual appreciation rate of 4.89%.

Relative to Florida, our data show that Clewiston's latest annual appreciation rate is higher than 90% of the other cities and towns in Florida.

Average Home Values

 

Median Home Value:
$178,590

Clewiston, FL HOME PRICES

Value Range
> $1,392,000 1.2
$1,044,001 - $1,392,000 0.0
$696,001 - $1,044,000 0.8
$557,001 - $696,000 0.0
$418,001 - $557,000 2.6
$278,001 - $418,000 9.6
$139,001 - $278,000 37.2
$70,001 - $139,000 31.5
$0 - $70,000 17.0

Average for FL
High for Nation

Value Relative to Nation Value Relative to State
38.6265088480019 55.3418803418803

Number Of Homes And Apartments:
2,404

Clewiston Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
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
57.27% 2.66% 3 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$928 / per month

Homeownership Rate

Homeownership
Owners 67.46
Renters 32.54
Vacant 17.90

Housing Market Details

 

Age of Homes

AGE OF Clewiston HOMES
2000 or Newer 18.5
1970 - 1999 54.8
1940 - 1969 22.1
1939 or Older 4.5

Types of Homes

TYPE OF Clewiston HOMES
Single-Family 60.8
Townhomes 3.5
Small Apt. Buildings 13.7
Apt. Complexes 3.7
Mobile Homes 18.2
Other 0.0

Home Size

SIZE OF Clewiston HOMES
No Bedroom 0.00
1 Bedroom 6.59
2 Bedrooms 36.41
3 Bedrooms 38.18
4 Bedrooms 13.97
5 or more bedrooms 4.85

Popular Neighborhoods in Clewiston

Popular Communities Near Clewiston, FL

Zip Codes in Clewiston, FL