Clarkson, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Clarkson, KY 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

Clarkson Housing Market Information

With 895 people, 432 houses or apartments, and a median cost of homes of $114,673, house prices in Clarkson are solidly below the national average.

Single-family detached homes are the single most common housing type in Clarkson, accounting for 49.68% of the city's housing units. Other types of housing that are prevalent in Clarkson include mobile homes or trailers ( 20.90%), large apartment complexes or high rise apartments ( 13.86%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 13.86%).

The most prevalent building size and type in Clarkson are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 41.44% owning and 58.56% renting.

There is a lot of housing in Clarkson 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 Clarkson built between 1940-1969 ( 24.73%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.45%). There's also some housing in Clarkson built before 1939 ( 7.89%).

Clarkson Home Appreciation Rates

Appreciation rates for homes in Clarkson have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.63%, which ranks in the top 30% nationwide. This equates to an annual average Clarkson house appreciation rate of 0.92%.

Over the last year, Clarkson appreciation rates have trailed the rest of the nation. In the last twelve months, Clarkson's appreciation rate has been 1.73%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Clarkson were at 0.56%, which equates to an annual appreciation rate of 2.24%.

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

Average Home Values

 

Median Home Value:
$114,673

Clarkson, KY HOME PRICES

Value Range
> $1,075,000 0.8
$806,001 - $1,075,000 0.0
$537,001 - $806,000 0.0
$430,001 - $537,000 0.0
$322,001 - $430,000 1.1
$215,001 - $322,000 7.0
$108,001 - $215,000 43.3
$54,001 - $108,000 31.2
$0 - $54,000 16.7

Average for KY
Low for Nation

Value Relative to Nation Value Relative to State
68.4782608695652 45.8646616541353

Number Of Homes And Apartments:
432

Clarkson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KY*
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
39.78% 1.96% 6 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$619 / per month

Homeownership Rate

Homeownership
Owners 41.44
Renters 58.56
Vacant 7.89

Housing Market Details

 

Age of Homes

AGE OF Clarkson HOMES
2000 or Newer 10.4
1970 - 1999 56.9
1940 - 1969 24.7
1939 or Older 7.9

Types of Homes

TYPE OF Clarkson HOMES
Single-Family 49.7
Townhomes 1.7
Small Apt. Buildings 13.9
Apt. Complexes 13.9
Mobile Homes 20.9
Other 0.0

Home Size

SIZE OF Clarkson HOMES
No Bedroom 2.35
1 Bedroom 9.38
2 Bedrooms 36.67
3 Bedrooms 47.12
4 Bedrooms 4.48
5 or more bedrooms 0.00

Popular Neighborhoods in Clarkson

Zip Codes in Clarkson, KY