Clemson, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Clemson Neighborhoods Since 2000




Clemson, SC Real Estate Data


Clemson Housing Market Information

With 15,398 people, 5,620 houses or apartments, and a median cost of homes of $223,199, Clemson real estate is some of the most expensive in South Carolina, although Clemson home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Clemson, accounting for 43.28% of the city's housing units. Other types of housing that are prevalent in Clemson include large apartment complexes or high rise apartments ( 37.43%), duplexes, homes converted to apartments or other small apartment buildings ( 14.08%), and a few row houses and other attached homes ( 2.69%).

The most prevalent building size and type in Clemson are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 43.27% owning and 56.73% renting.

There is a lot of housing in Clemson 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 Clemson built between 1940-1969 ( 22.14%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.29%). There's also some housing in Clemson built before 1939 ( 3.51%).

Vacant housing appears to be an issue in Clemson. Fully 17.05% of the housing stock is classified as vacant. Left unchecked, vacant Clemson homes and apartments can be a drag on the real estate market, holding Clemson 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.

Clemson Home Appreciation Rates

Appreciation rates for homes in Clemson have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 13.83%, which ranks in the top 30% nationwide. This equates to an annual average Clemson house appreciation rate of 1.30%.

Appreciation rates are so strong in Clemson that despite a nationwide downturn in the housing market, Clemson real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Clemson appreciation rates continue to be some of the highest in America, at 8.50%, which is higher than appreciation rates in 93.88% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Clemson. Clemson appreciation rates in the latest quarter were at 3.00%, which equates to an annual appreciation rate of 12.57%.

Importantly, this makes Clemson one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to South Carolina, our data show that Clemson's latest annual appreciation rate is higher than 80% of the other cities and towns in South Carolina.

Average Home Values

 

Median Home Value:
$223,199

Clemson, SC HOME PRICES

Value Range
> $1,140,000 1.2
$855,001 - $1,140,000 0.7
$570,001 - $855,000 2.8
$456,001 - $570,000 4.0
$342,001 - $456,000 12.5
$228,001 - $342,000 25.3
$114,001 - $228,000 34.7
$57,001 - $114,000 12.6
$0 - $57,000 6.4

Very High for SC
High for Nation

Value Relative to Nation Value Relative to State
27.944018270188 10.4089219330855

Number Of Homes And Apartments:
5,620

Rent & Ownership

 

Average Market Rent:
$1,293 / per month

Homeownership Rate

Homeownership
Owners 43.27
Renters 56.73
Vacant 17.05

Housing Market Details

 

Age of Homes

AGE OF Clemson HOMES
2000 or Newer 19.3
1970 - 1999 55.1
1940 - 1969 22.1
1939 or Older 3.5

Types of Homes

TYPE OF Clemson HOMES
Single-Family 43.3
Townhomes 2.7
Small Apt. Buildings 14.1
Apt. Complexes 37.4
Mobile Homes 2.5
Other 0.0

Home Size

SIZE OF Clemson HOMES
No Bedroom 0.93
1 Bedroom 8.47
2 Bedrooms 34.15
3 Bedrooms 36.80
4 Bedrooms 15.91
5 or more bedrooms 3.73

Clemson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
SC*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
49.53% 2.39% 9 6
* 10 is highest