Clinton, TN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Clinton Neighborhoods Since 2000




Clinton, TN 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 10,049, 4,450 total housing units (homes and apartments), and a median house value of $146,848, Clinton 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 Clinton, accounting for 69.57% of the city's housing units. Other types of housing that are prevalent in Clinton include large apartment complexes or high rise apartments ( 17.58%), duplexes, homes converted to apartments or other small apartment buildings ( 6.75%), and a few mobile homes or trailers ( 3.96%).

The most prevalent building size and type in Clinton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.35% owning and 40.65% renting.

There is a lot of housing in Clinton 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 Clinton built between 1940-1969 ( 32.85%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.77%). There's also some housing in Clinton built before 1939 ( 8.31%).

Clinton Home Appreciation Rates

Appreciation rates for homes in Clinton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.28%, which ranks in the top 50% nationwide. This equates to an annual average Clinton house appreciation rate of 0.32%.

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 1.56%, 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 0.56%, which equates to an annual appreciation rate of 2.26%.

Relative to Tennessee, our data show that Clinton's latest annual appreciation rate is lower than 80% of the other cities and towns in Tennessee.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Clinton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Clinton - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Clinton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$146,848

Clinton, TN HOME PRICES

Value Range
> $1,059,000 0.2
$794,001 - $1,059,000 1.2
$530,001 - $794,000 1.9
$424,001 - $530,000 1.0
$318,001 - $424,000 4.0
$212,001 - $318,000 17.5
$106,001 - $212,000 40.7
$53,001 - $106,000 28.2
$0 - $53,000 5.2

High for TN
Average for Nation

Value Relative to Nation Value Relative to State
51.3828665182234 31.1224489795918

Number Of Homes And Apartments:
4,450

Clinton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TN*
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
38.78% 1.92% 6 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$816 / per month

Homeownership Rate

Homeownership
Owners 59.35
Renters 40.65
Vacant 7.31

Housing Market Details

 

Age of Homes

AGE OF Clinton HOMES
2000 or Newer 14.8
1970 - 1999 44.1
1940 - 1969 32.8
1939 or Older 8.3

Types of Homes

TYPE OF Clinton HOMES
Single-Family 69.6
Townhomes 2.1
Small Apt. Buildings 6.7
Apt. Complexes 17.6
Mobile Homes 4.0
Other 0.0

Home Size

SIZE OF Clinton HOMES
No Bedroom 2.12
1 Bedroom 9.31
2 Bedrooms 29.79
3 Bedrooms 44.49
4 Bedrooms 11.77
5 or more bedrooms 2.52