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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 15,398, 5,730 total housing units (homes and apartments), and a median house value of $237,735, 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 44.14% of the city's housing units. Other types of housing that are prevalent in Clemson include large apartment complexes or high rise apartments ( 38.47%), duplexes, homes converted to apartments or other small apartment buildings ( 11.28%), and a few row houses and other attached homes ( 3.20%).
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 42.01% owning and 57.99% 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 ( 21.10%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.00%). There's also some housing in Clemson built before 1939 ( 3.51%).
Vacant housing appears to be an issue in Clemson. Fully 16.62% 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.
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 10.06%, which ranks in the top 30% nationwide. This equates to an annual average Clemson house appreciation rate of 0.96%.
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 6.35%, which is higher than appreciation rates in 76.84% 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 1.93%, which equates to an annual appreciation rate of 7.93%.
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 70% of the other cities and towns in South Carolina.
|$852,001 - $1,136,000||0.5|
|$568,001 - $852,000||3.7|
|$455,001 - $568,000||5.7|
|$341,001 - $455,000||13.3|
|$227,001 - $341,000||25.0|
|$114,001 - $227,000||36.2|
|$57,001 - $114,000||11.1|
|$0 - $57,000||3.3|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Clemson HOMES|
|2000 or Newer||18.0|
|1970 - 1999||57.4|
|1940 - 1969||21.1|
|1939 or Older||3.5|
|TYPE OF Clemson HOMES|
|Small Apt. Buildings||11.3|
|SIZE OF Clemson HOMES|
|5 or more bedrooms||3.70|