Clarkston, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Clarkston Neighborhoods Since 2000




Clarkston, WA 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

Clarkston Housing Market Information

With a population of 7,317, 3,114 total housing units (homes and apartments), and a median house value of $129,842, house prices in Clarkston are solidly below the national average.

Single-family detached homes are the single most common housing type in Clarkston, accounting for 60.33% of the city's housing units. Other types of housing that are prevalent in Clarkston include large apartment complexes or high rise apartments ( 15.51%), duplexes, homes converted to apartments or other small apartment buildings ( 13.33%), and a few mobile homes or trailers ( 6.58%).

People in Clarkston primarily live in small (one, two or no bedroom) single-family detached homes. Clarkston has a mixture of owner-occupied and renter-occupied housing.

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. Clarkston's housing was primarily built during this period, from the '40s through the '60s. A full 45.82% of the city's housing hails from this era. Other housing ages represented in Clarkston include homes built between 1970-1999 ( 29.62%) and housing constructed before 1939 ( 19.25%). There's also some housing in Clarkston built between 2000 and later ( 5.31%).

Clarkston Home Appreciation Rates

Appreciation rates for homes in Clarkston have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 8.91%, which ranks in the top 40% nationwide. This equates to an annual average Clarkston house appreciation rate of 0.86%.

NeighborhoodScout's data show that during the latest twelve months, Clarkston's appreciation rate, at 3.41%, has been at or slightly above the national average. In the latest quarter, Clarkston's appreciation rate has been 1.84%, which annualizes to a rate of 7.58%.

Importantly, this makes Clarkston 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 Washington, our data show that Clarkston's latest annual appreciation rate is lower than 90% of the other cities and towns in Washington.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Clarkston differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Clarkston - 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 Clarkston real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$129,842

Clarkston, WA HOME PRICES

Value Range
> $1,097,000 0.4
$822,001 - $1,097,000 0.0
$548,001 - $822,000 0.9
$439,001 - $548,000 2.1
$329,001 - $439,000 2.2
$219,001 - $329,000 10.1
$110,001 - $219,000 55.9
$55,001 - $110,000 19.6
$0 - $55,000 8.8

Very Low for WA
Average for Nation

Value Relative to Nation Value Relative to State
59.9613266143209 96.0992907801418

Number Of Homes And Apartments:
3,114

Clarkston Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
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
76.97% 3.36% 7 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$767 / per month

Homeownership Rate

Homeownership
Owners 48.25
Renters 51.75
Vacant 6.06

Housing Market Details

 

Age of Homes

AGE OF Clarkston HOMES
2000 or Newer 5.3
1970 - 1999 29.6
1940 - 1969 45.8
1939 or Older 19.2

Types of Homes

TYPE OF Clarkston HOMES
Single-Family 60.3
Townhomes 2.1
Small Apt. Buildings 13.3
Apt. Complexes 15.5
Mobile Homes 6.6
Other 2.2

Home Size

SIZE OF Clarkston HOMES
No Bedroom 4.89
1 Bedroom 14.09
2 Bedrooms 44.71
3 Bedrooms 21.87
4 Bedrooms 12.67
5 or more bedrooms 1.78

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Zip Codes in Clarkston, WA