Clintwood, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Clintwood, VA Real Estate Data


Clintwood Housing Market Information

With 1,325 people, 588 houses or apartments, and a median cost of homes of $68,219, house prices in Clintwood are some of the most affordable in Virginia as well as the nation.

Single-family detached homes are the single most common housing type in Clintwood, accounting for 62.87% of the town's housing units. Other types of housing that are prevalent in Clintwood include mobile homes or trailers ( 25.27%), large apartment complexes or high rise apartments ( 6.32%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.16%).

The most prevalent building size and type in Clintwood are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 62.57% owning and 37.43% renting.

There is a lot of housing in Clintwood 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 Clintwood built between 1940-1969 ( 30.66%). A lesser amount of the housing stock also hails from before 1939 ( 13.87%). There's also some housing in Clintwood built between 2000 and later ( 11.09%).

Clintwood Home Appreciation Rates

Clintwood's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Clintwood during the period has been just -1.60%, which is lower than 80% of US communities.

Over the last year, Clintwood appreciation rates have trailed the rest of the nation. In the last twelve months, Clintwood's appreciation rate has been 3.20%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Clintwood were at 2.61%, which equates to an annual appreciation rate of 10.86%.

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

Relative to Virginia, our data show that Clintwood's latest annual appreciation rate is lower than 50% of the other cities and towns in Virginia.

Average Home Values

 

Median Home Value:
$68,219

Clintwood, VA HOME PRICES

Value Range
> $1,005,000 0.5
$754,001 - $1,005,000 0.1
$502,001 - $754,000 0.5
$402,001 - $502,000 1.3
$302,001 - $402,000 0.7
$201,001 - $302,000 7.7
$101,001 - $201,000 22.5
$50,001 - $101,000 29.9
$0 - $50,000 36.4

Very Low for VA
Very Low for Nation

Value Relative to Nation Value Relative to State
95.8865580686746 98.6149584487535

Number Of Homes And Apartments:
588

Rent & Ownership

 

Average Market Rent:
$670 / per month

Homeownership Rate

Homeownership
Owners 62.57
Renters 37.43
Vacant 9.40

Housing Market Details

 

Age of Homes

AGE OF Clintwood HOMES
2000 or Newer 11.1
1970 - 1999 44.4
1940 - 1969 30.7
1939 or Older 13.9

Types of Homes

TYPE OF Clintwood HOMES
Single-Family 62.9
Townhomes 1.4
Small Apt. Buildings 4.2
Apt. Complexes 6.3
Mobile Homes 25.3
Other 0.0

Home Size

SIZE OF Clintwood HOMES
No Bedroom 0.00
1 Bedroom 8.01
2 Bedrooms 35.44
3 Bedrooms 47.30
4 Bedrooms 8.78
5 or more bedrooms 0.46

Clintwood Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
VA*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
37.08% 1.84% 2 4
* 10 is highest

Popular Neighborhoods in Clintwood

Zip Codes in Clintwood, VA