Clyde, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Clyde, NC 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

Clyde Housing Market Information

With a population of 1,243, 574 total housing units (homes and apartments), and a median house value of $162,620, Clyde real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Clyde, accounting for 57.90% of the town's housing units. Other types of housing that are prevalent in Clyde include duplexes, homes converted to apartments or other small apartment buildings ( 17.28%), mobile homes or trailers ( 15.21%), and a few large apartment complexes or high rise apartments ( 6.35%).

The most prevalent building size and type in Clyde are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.81% owning and 35.19% renting.

There is a lot of housing in Clyde 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 Clyde built between 1940-1969 ( 25.55%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.65%). There's also some housing in Clyde built before 1939 ( 11.52%).

Vacant housing appears to be an issue in Clyde. Fully 15.21% of the housing stock is classified as vacant. Left unchecked, vacant Clyde homes and apartments can be a drag on the real estate market, holding Clyde 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.

Clyde Home Appreciation Rates

Clyde's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Clyde during the period has been just -1.16%, which is lower than 70% of US communities.

Appreciation rates are so strong in Clyde that despite a nationwide downturn in the housing market, Clyde real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Clyde appreciation rates continue to be some of the highest in America, at 8.53%, which is higher than appreciation rates in 89.06% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Clyde. Clyde appreciation rates in the latest quarter were at 1.50%, which equates to an annual appreciation rate of 6.15%.

Relative to North Carolina, our data show that Clyde's latest annual appreciation rate is higher than 90% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$162,620

Clyde, NC HOME PRICES

Value Range
> $1,107,000 0.0
$830,001 - $1,107,000 0.0
$554,001 - $830,000 0.5
$443,001 - $554,000 4.1
$332,001 - $443,000 7.1
$222,001 - $332,000 19.8
$111,001 - $222,000 42.5
$55,001 - $111,000 10.7
$0 - $55,000 15.3

High for NC
Average for Nation

Value Relative to Nation Value Relative to State
44.6062346185398 37.5680580762251

Number Of Homes And Apartments:
574

Clyde Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
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
30.27% 1.54% 6 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$799 / per month

Homeownership Rate

Homeownership
Owners 64.81
Renters 35.19
Vacant 15.21

Housing Market Details

 

Age of Homes

AGE OF Clyde HOMES
2000 or Newer 19.6
1970 - 1999 43.3
1940 - 1969 25.6
1939 or Older 11.5

Types of Homes

TYPE OF Clyde HOMES
Single-Family 57.9
Townhomes 3.2
Small Apt. Buildings 17.3
Apt. Complexes 6.4
Mobile Homes 15.2
Other 0.0

Home Size

SIZE OF Clyde HOMES
No Bedroom 1.62
1 Bedroom 9.16
2 Bedrooms 27.33
3 Bedrooms 51.55
4 Bedrooms 10.04
5 or more bedrooms 0.30

Popular Neighborhoods in Clyde

Zip Codes in Clyde, NC