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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 26,698 people, 10,212 houses or apartments, and a median cost of homes of $258,500, Clinton real estate is some of the most expensive in Mississippi, although Clinton home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Clinton, accounting for 72.47% of the city's housing units. Other types of housing that are prevalent in Clinton include large apartment complexes or high rise apartments ( 16.18%), duplexes, homes converted to apartments or other small apartment buildings ( 7.47%), and a few row houses and other attached homes ( 2.36%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Clinton. Owner-occupied housing accounts for 66.29% of Clinton's homes, and 69.72% have either three or four bedrooms, which is average sized relative to America.
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 2000 and later ( 20.60%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.14%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Clinton, where house values have increased just 53.16%, which is annualized rate of 4.36%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
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 0.00%, 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 -2.34%, which equates to an annual appreciation rate of -9.04%.
Notably, Clinton's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Mississippi, our data show that Clinton's latest annual appreciation rate is lower than 90% of the other cities and towns in Mississippi.
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.
$258,500
for Mississippi
for nation
10,212
$1,734 / per month