Clinton, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Clinton Neighborhoods Since 2000




Clinton, SC 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

Clinton Housing Market Information

With a population of 8,637, 2,593 total housing units (homes and apartments), and a median house value of $70,399, house prices in Clinton are some of the most affordable in South Carolina as well as the nation.

Single-family detached homes are the single most common housing type in Clinton, accounting for 58.33% of the city's housing units. Other types of housing that are prevalent in Clinton include large apartment complexes or high rise apartments ( 19.61%), mobile homes or trailers ( 12.49%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.05%).

Clinton is dominated by renter-occupied one, two, or no bedrooms apartments. 66.41% of Clinton's dwellings are rentals.

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. Clinton's housing was primarily built during this period, from the '40s through the '60s. A full 43.13% of the city's housing hails from this era. Other housing ages represented in Clinton include homes built between 1970-1999 ( 33.82%) and housing constructed before 1939 ( 12.69%). There's also some housing in Clinton built between 2000 and later ( 10.37%).

Vacant housing appears to be an issue in Clinton. Fully 14.11% of the housing stock is classified as vacant. Left unchecked, vacant Clinton homes and apartments can be a drag on the real estate market, holding Clinton 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.

Clinton Home Appreciation Rates

Real estate appreciation rates in Clinton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.36% during the period.

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 1.23%, 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 1.93%, which equates to an annual appreciation rate of 7.93%.

Importantly, this makes Clinton 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 Clinton's latest annual appreciation rate is lower than 60% of the other cities and towns in South Carolina.

Average Home Values

 

Median Home Value:
$70,399

Clinton, SC HOME PRICES

Value Range
> $1,049,000 0.2
$787,001 - $1,049,000 0.0
$524,001 - $787,000 0.0
$419,001 - $524,000 0.2
$315,001 - $419,000 1.7
$210,001 - $315,000 11.2
$105,001 - $210,000 31.0
$52,001 - $105,000 29.5
$0 - $52,000 26.0

Very Low for SC
Very Low for Nation

Value Relative to Nation Value Relative to State
95.113090355092 90.3345724907063

Number Of Homes And Apartments:
2,593

Clinton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
SC*
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
16.73% 0.90% 2 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$887 / per month

Homeownership Rate

Homeownership
Owners 33.59
Renters 66.41
Vacant 14.11

Housing Market Details

 

Age of Homes

AGE OF Clinton HOMES
2000 or Newer 10.4
1970 - 1999 33.8
1940 - 1969 43.1
1939 or Older 12.7

Types of Homes

TYPE OF Clinton HOMES
Single-Family 58.3
Townhomes 1.5
Small Apt. Buildings 8.0
Apt. Complexes 19.6
Mobile Homes 12.5
Other 0.0

Home Size

SIZE OF Clinton HOMES
No Bedroom 2.85
1 Bedroom 8.45
2 Bedrooms 39.78
3 Bedrooms 39.32
4 Bedrooms 6.26
5 or more bedrooms 3.35

Popular Communities Near Clinton, SC

Zip Codes in Clinton, SC