Clinton IA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Clinton, 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 Q3 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (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 25,184, 11,011 total housing units (homes and apartments), and a median house value of $98,746, house prices in Clinton 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 Clinton, accounting for 74.51% of the city's housing units. Other types of housing that are prevalent in Clinton include large apartment complexes or high rise apartments ( 14.36%), duplexes, homes converted to apartments or other small apartment buildings ( 8.92%), and a few mobile homes or trailers ( 1.28%).

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 67.23% of Clinton's homes, and 53.13% have either three or four bedrooms, which is average sized relative to America.

The housing in Clinton was primarily built before 1939 ( 38.23%), making the housing stock in Clinton some of the oldest overall in America, although there is a range of ages of homes in Clinton. The next most important housing age is between 1940-1969 ( 36.56%), followed by between 1970-1999 ( 20.09%). There's also some housing in Clinton built between 2000 and later ( 5.12%).

Vacant housing appears to be an issue in Clinton. Fully 10.75% 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

Clinton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Clinton during the period has been just 0.47%, which is lower than 80% of US communities.

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 1.76%, 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 1.38%, which equates to an annual appreciation rate of 5.64%.

Relative to Iowa, our data show that Clinton's latest annual appreciation rate is lower than 90% 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:
$98,746

Clinton, IA HOME PRICES

Value Range
> $1,081,000 0.4
$811,001 - $1,081,000 0.1
$541,001 - $811,000 0.5
$432,001 - $541,000 0.5
$324,001 - $432,000 2.7
$216,001 - $324,000 7.1
$108,001 - $216,000 29.3
$54,001 - $108,000 43.2
$0 - $54,000 16.1

Very Low for IA
Very Low for Nation

Value Relative to Nation Value Relative to State
84.9518248175183 86.6666666666667

Number Of Homes And Apartments:
11,011

Clinton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IA*
Compared To
America*
Latest Quarter:
2019 Q2 - 2019 Q3
Last 12 Months:
2018 Q3 - 2019 Q3
Last 2 Years:
2017 Q3 - 2019 Q3
Last 5 Years:
2014 Q3 - 2019 Q3
Last 10 Years:
2009 Q3 - 2019 Q3
Since 2000:
2000 Q1 - 2019 Q3
27.63% 1.24%
1
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$841 / per month

Homeownership Rate

Homeownership
Owners 67.23
Renters 32.77
Vacant 10.75

Housing Market Details

 

Age of Homes

AGE OF Clinton HOMES
2000 or Newer 5.1
1970 - 1999 20.1
1940 - 1969 36.6
1939 or Older 38.2

Types of Homes

TYPE OF Clinton HOMES
Single-Family 74.5
Townhomes 0.9
Small Apt. Buildings 8.9
Apt. Complexes 14.4
Mobile Homes 1.3
Other 0.0

Home Size

SIZE OF Clinton HOMES
No Bedroom 2.14
1 Bedroom 13.37
2 Bedrooms 28.48
3 Bedrooms 38.67
4 Bedrooms 14.46
5 or more bedrooms 2.88