Clarendon, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Clarendon Neighborhoods Since 2000




Clarendon, TX 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

Clarendon Housing Market Information

With 1,944 people, 665 houses or apartments, and a median cost of homes of $70,208, house prices in Clarendon are some of the most affordable in Texas as well as the nation.

Single-family detached homes are the single most common housing type in Clarendon, accounting for 76.27% of the city's housing units. Other types of housing that are prevalent in Clarendon include mobile homes or trailers ( 10.69%), duplexes, homes converted to apartments or other small apartment buildings ( 9.79%), and a few large apartment complexes or high rise apartments ( 2.81%).

The most prevalent building size and type in Clarendon are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.24% owning and 40.76% renting.

The housing in Clarendon was primarily built before 1939 ( 37.01%), making the housing stock in Clarendon some of the oldest overall in America, although there is a range of ages of homes in Clarendon. The next most important housing age is between 1940-1969 ( 28.91%), followed by between 1970-1999 ( 23.62%). There's also some housing in Clarendon built between 2000 and later ( 10.46%).

Vacant housing appears to be an issue in Clarendon. Fully 25.20% of the housing stock is classified as vacant. Left unchecked, vacant Clarendon homes and apartments can be a drag on the real estate market, holding Clarendon 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.

Clarendon Home Appreciation Rates

In the last 10 years, Clarendon has experienced some of the highest home appreciation rates of any community in the nation. Clarendon real estate appreciated 15.65% over the last ten years, which is an average annual home appreciation rate of 1.46%, putting Clarendon in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Clarendon definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Clarendon's appreciation rate, at 5.06%, has been at or slightly above the national average. In the latest quarter, Clarendon's appreciation rate has been 0.45%, which annualizes to a rate of 1.82%.

Relative to Texas, our data show that Clarendon's latest annual appreciation rate is lower than 60% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$70,208

Clarendon, TX HOME PRICES

Value Range
> $1,107,000 0.0
$830,001 - $1,107,000 0.0
$553,001 - $830,000 0.0
$443,001 - $553,000 0.0
$332,001 - $443,000 1.3
$221,001 - $332,000 0.1
$111,001 - $221,000 11.5
$55,001 - $111,000 47.8
$0 - $55,000 39.4

Very Low for TX
Very Low for Nation

Value Relative to Nation Value Relative to State
95.1775459978905 90.0778210116732

Number Of Homes And Apartments:
665

Clarendon Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
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
53.06% 2.50% 2 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$640 / per month

Homeownership Rate

Homeownership
Owners 59.24
Renters 40.76
Vacant 25.20

Housing Market Details

 

Age of Homes

AGE OF Clarendon HOMES
2000 or Newer 10.5
1970 - 1999 23.6
1940 - 1969 28.9
1939 or Older 37.0

Types of Homes

TYPE OF Clarendon HOMES
Single-Family 76.3
Townhomes 0.4
Small Apt. Buildings 9.8
Apt. Complexes 2.8
Mobile Homes 10.7
Other 0.0

Home Size

SIZE OF Clarendon HOMES
No Bedroom 0.00
1 Bedroom 11.59
2 Bedrooms 29.25
3 Bedrooms 46.68
4 Bedrooms 12.26
5 or more bedrooms 0.22

Popular Neighborhoods in Clarendon

Popular Communities Near Clarendon, TX

Zip Codes in Clarendon, TX