Clementon, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Clementon Neighborhoods Since 2000




Clementon, NJ 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

Clementon Housing Market Information

With 4,947 people, 1,989 houses or apartments, and a median cost of homes of $134,910, house prices in Clementon are solidly below the national average.

Single-family detached homes are the single most common housing type in Clementon, accounting for 60.49% of the borough's housing units. Other types of housing that are prevalent in Clementon include large apartment complexes or high rise apartments ( 24.81%), duplexes, homes converted to apartments or other small apartment buildings ( 7.72%), and a few row houses and other attached homes ( 6.98%).

Dwellings in Clementon tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 53.93% of the homes in Clementon have two or fewer bedrooms.

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. Clementon's housing was primarily built during this period, from the '40s through the '60s. A full 39.56% of the borough's housing hails from this era. Other housing ages represented in Clementon include homes built between 1970-1999 ( 38.06%) and housing constructed before 1939 ( 21.58%).

Clementon Home Appreciation Rates

Homes have actually lost value in Clementon over the last then years, as home values have seen a decline of 25.84% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Clementon home appreciation rates at 0.08%, which equates to an annual appreciation rate of 0.32%.

NeighborhoodScout's data show that during the latest twelve months, Clementon's appreciation rate, at 3.38%, has been at or slightly above the national average. In the latest quarter, Clementon's appreciation rate has been 0.08%, which annualizes to a rate of 0.32%.

Relative to New Jersey, our data show that Clementon's latest annual appreciation rate is higher than 60% of the other cities and towns in New Jersey.

Average Home Values

 

Median Home Value:
$134,910

Clementon, NJ HOME PRICES

Value Range
> $1,030,000 0.7
$772,001 - $1,030,000 0.0
$515,001 - $772,000 0.0
$412,001 - $515,000 0.0
$309,001 - $412,000 2.0
$206,001 - $309,000 10.1
$103,001 - $206,000 58.2
$52,001 - $103,000 21.8
$0 - $52,000 7.2

Very Low for NJ
Average for Nation

Value Relative to Nation Value Relative to State
57.2307512012188 97.3577235772358

Number Of Homes And Apartments:
1,989

Clementon Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
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
32.93% 1.66% 2 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,144 / per month

Homeownership Rate

Homeownership
Owners 68.33
Renters 31.67
Vacant 6.88

Housing Market Details

 

Age of Homes

AGE OF Clementon HOMES
2000 or Newer 0.8
1970 - 1999 38.1
1940 - 1969 39.6
1939 or Older 21.6

Types of Homes

TYPE OF Clementon HOMES
Single-Family 60.5
Townhomes 7.0
Small Apt. Buildings 7.7
Apt. Complexes 24.8
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Clementon HOMES
No Bedroom 1.69
1 Bedroom 23.83
2 Bedrooms 28.42
3 Bedrooms 29.40
4 Bedrooms 15.40
5 or more bedrooms 1.26