Clinton, MS Real Estate Market

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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Clinton, MS Housing Market Trends

With a population of 24,440, 9,047 total housing units (homes and apartments), and a median house value of $181,947, Clinton real estate is some of the most expensive in Mississippi, although Clinton home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Clinton, accounting for 73.32% of the city's housing units. Other types of housing that are prevalent in Clinton include large apartment complexes or high rise apartments ( 14.87%), duplexes, homes converted to apartments or other small apartment buildings ( 7.60%), and a few row houses and other attached homes ( 3.48%).

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 65.57% of Clinton's homes, and 72.25% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Clinton 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 Clinton built between 2000 and later ( 18.16%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.08%).

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 2.26%, 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 5.39%, 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 1.99%, which equates to an annual appreciation rate of 8.20%.

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

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:
$181,947

Clinton, MS HOME PRICES

> $1,116,000
0.3%
0.3%
$837,001 - $1,116,000
0.3%
0.3%
$558,001 - $837,000
0.8%
0.8%
$446,001 - $558,000
1.2%
1.2%
$335,001 - $446,000
5.8%
5.8%
$223,001 - $335,000
21.1%
21.1%
$112,001 - $223,000
56.0%
56.0%
$56,001 - $112,000
10.9%
10.9%
$0 - $56,000
3.7%
3.7%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

Very High for MS

Value Relative To Nation

Number Of Homes And Apartments:
9,047

Clinton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MS*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
48.49% 1.86%
3
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,473 / per month

Homeownership Rate

Owners
65.6%
65.6%
Renters
34.4%
34.4%
Vacant
7.9%
7.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
18.2%
18.2%
1970 - 1999
66.1%
66.1%
1940 - 1969
15.1%
15.1%
1939 or Older
0.7%
0.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
73.3%
73.3%
Townhomes
3.5%
3.5%
Small Apt. Buildings
7.6%
7.6%
Apt. Complexes
14.9%
14.9%
Mobile Homes
0.7%
0.7%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.7%
0.7%
1 Bedroom
5.7%
5.7%
2 Bedrooms
18.4%
18.4%
3 Bedrooms
50.3%
50.3%
4 Bedrooms
21.9%
21.9%
5 or more bedrooms
2.9%
2.9%
0.0% 100.0%
% OF HOMES