Clinton, IA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Clinton Neighborhoods Since 2000




Clinton, IA Real Estate Data


Clinton Housing Market Information

With 26,064 people, 11,239 houses or apartments, and a median cost of homes of $105,157, house prices in Clinton are solidly below the national average.

Single-family detached homes are the single most common housing type in Clinton, accounting for 75.70% of the city's housing units. Other types of housing that are prevalent in Clinton include large apartment complexes or high rise apartments ( 13.74%), duplexes, homes converted to apartments or other small apartment buildings ( 9.00%).

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 66.11% of Clinton's homes, and 53.09% 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 41.52% of the city's housing hails from this era. Other housing ages represented in Clinton include homes built before 1939 ( 34.94%) and housing constructed between 1970-1999 ( 17.68%). There's also some housing in Clinton built between 2000 and later ( 5.86%).

Clinton Home Appreciation Rates

Appreciation rates for homes in Clinton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.71%, which ranks in the top 50% nationwide. This equates to an annual average Clinton house appreciation rate of 0.56%.

NeighborhoodScout's data show that during the latest twelve months, Clinton's appreciation rate, at 4.46%, has been at or slightly above the national average. In the latest quarter, Clinton's appreciation rate has been -0.32%, which annualizes to a rate of -1.26%.

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

Relative to Iowa, our data show that Clinton's latest annual appreciation rate is higher than 50% of the other cities and towns in Iowa.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Clinton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Clinton - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Clinton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$105,157

Clinton, IA HOME PRICES

Value Range
> $1,063,000 0.2
$797,001 - $1,063,000 0.1
$532,001 - $797,000 0.4
$425,001 - $532,000 0.5
$319,001 - $425,000 2.4
$213,001 - $319,000 7.1
$106,001 - $213,000 30.4
$53,001 - $106,000 42.9
$0 - $53,000 15.9

Low for IA
Low for Nation

Value Relative to Nation Value Relative to State
75.5548398430638 72.3456790123457

Number Of Homes And Apartments:
11,239

Rent & Ownership

 

Average Market Rent:
$790 / per month

Homeownership Rate

Homeownership
Owners 66.11
Renters 33.89
Vacant 9.20

Housing Market Details

 

Age of Homes

AGE OF Clinton HOMES
2000 or Newer 5.9
1970 - 1999 17.7
1940 - 1969 41.5
1939 or Older 34.9

Types of Homes

TYPE OF Clinton HOMES
Single-Family 75.7
Townhomes 1.0
Small Apt. Buildings 9.0
Apt. Complexes 13.7
Mobile Homes 0.6
Other 0.0

Home Size

SIZE OF Clinton HOMES
No Bedroom 1.78
1 Bedroom 13.69
2 Bedrooms 28.96
3 Bedrooms 38.29
4 Bedrooms 14.79
5 or more bedrooms 2.49

Clinton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
25.90% 1.36% 1 3
* 10 is highest