Clintwood, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Clintwood Neighborhoods Since 2000




Clintwood, VA 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

Clintwood Housing Market Information

With a population of 1,325, 588 total housing units (homes and apartments), and a median house value of $67,014, 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 -2.02%, 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 -0.70%, 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 -1.60%, which equates to an annual appreciation rate of -6.23%.

Notably, Clintwood's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$67,014

Clintwood, VA HOME PRICES

Value Range
> $988,000 0.9
$741,001 - $988,000 0.1
$494,001 - $741,000 0.5
$395,001 - $494,000 1.3
$297,001 - $395,000 0.7
$197,001 - $297,000 7.7
$99,001 - $197,000 22.5
$49,001 - $99,000 29.9
$0 - $49,000 36.4

Very Low for VA
Very Low for Nation

Value Relative to Nation Value Relative to State
96.2908707371382 98.6149584487535

Number Of Homes And Apartments:
588

Clintwood Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
VA*
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
35.51% 1.78% 2 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$674 / 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

Popular Neighborhoods in Clintwood

Zip Codes in Clintwood, VA