Clarinda, IA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Clarinda Neighborhoods Since 2000




Clarinda, IA 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

Clarinda Housing Market Information

With a population of 5,418, 2,059 total housing units (homes and apartments), and a median house value of $90,782, house prices in Clarinda are some of the most affordable in Iowa as well as the nation.

Single-family detached homes are the single most common housing type in Clarinda, accounting for 79.61% of the city's housing units. Other types of housing that are prevalent in Clarinda include duplexes, homes converted to apartments or other small apartment buildings ( 8.88%), large apartment complexes or high rise apartments ( 7.82%), and a few mobile homes or trailers ( 2.63%).

People in Clarinda primarily live in small (one, two or no bedroom) single-family detached homes. Clarinda has a mixture of owner-occupied and renter-occupied housing.

The housing in Clarinda was primarily built before 1939 ( 37.00%), making the housing stock in Clarinda some of the oldest overall in America, although there is a range of ages of homes in Clarinda. The next most important housing age is between 1940-1969 ( 34.24%), followed by between 1970-1999 ( 24.04%). There's also some housing in Clarinda built between 2000 and later ( 4.72%).

Vacant housing appears to be an issue in Clarinda. Fully 12.53% of the housing stock is classified as vacant. Left unchecked, vacant Clarinda homes and apartments can be a drag on the real estate market, holding Clarinda 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.

Clarinda Home Appreciation Rates

Appreciation rates for homes in Clarinda have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.15%, which ranks in the top 50% nationwide. This equates to an annual average Clarinda house appreciation rate of 0.31%.

Over the last year, Clarinda appreciation rates have trailed the rest of the nation. In the last twelve months, Clarinda's appreciation rate has been 2.10%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Clarinda were at 0.99%, which equates to an annual appreciation rate of 4.00%.

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

Average Home Values

 

Median Home Value:
$90,782

Clarinda, IA HOME PRICES

Value Range
> $1,052,000 0.0
$789,001 - $1,052,000 0.0
$526,001 - $789,000 0.0
$421,001 - $526,000 0.4
$315,001 - $421,000 1.2
$210,001 - $315,000 8.3
$105,001 - $210,000 25.5
$53,001 - $105,000 40.8
$0 - $53,000 23.8

Very Low for IA
Very Low for Nation

Value Relative to Nation Value Relative to State
83.4524786124458 84.1975308641975

Number Of Homes And Apartments:
2,059

Clarinda Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IA*
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
19.30% 1.03% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$668 / per month

Homeownership Rate

Homeownership
Owners 58.25
Renters 41.75
Vacant 12.53

Housing Market Details

 

Age of Homes

AGE OF Clarinda HOMES
2000 or Newer 4.7
1970 - 1999 24.0
1940 - 1969 34.2
1939 or Older 37.0

Types of Homes

TYPE OF Clarinda HOMES
Single-Family 79.6
Townhomes 1.1
Small Apt. Buildings 8.9
Apt. Complexes 7.8
Mobile Homes 2.6
Other 0.0

Home Size

SIZE OF Clarinda HOMES
No Bedroom 2.93
1 Bedroom 9.98
2 Bedrooms 38.49
3 Bedrooms 28.84
4 Bedrooms 13.89
5 or more bedrooms 5.86

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Zip Codes in Clarinda, IA