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 a population of 2,501, 1,095 total housing units (homes and apartments), and a median house value of $146,121, house prices in Clinton are solidly below the national average.
Single-family detached homes are the single most common housing type in Clinton, accounting for 73.03% of the city's housing units. Other types of housing that are prevalent in Clinton include large apartment complexes or high rise apartments ( 13.79%), duplexes, homes converted to apartments or other small apartment buildings ( 6.86%), and a few mobile homes or trailers ( 5.14%).
The most prevalent building size and type in Clinton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.57% owning and 42.43% renting.
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 ( 23.03%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.26%). There's also some housing in Clinton built before 1939 ( 5.22%).
Vacant housing appears to be an issue in Clinton. Fully 18.41% of the housing stock is classified as vacant. Left unchecked, vacant Clinton homes and apartments can be a drag on the real estate market, holding Clinton 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.
Real estate appreciation rates in Clinton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.27% during the period.
NeighborhoodScout's data show that during the latest twelve months, Clinton's appreciation rate, at 3.57%, has been at or slightly above the national average. In the latest quarter, Clinton's appreciation rate has been 1.58%, which annualizes to a rate of 6.46%.
Importantly, this makes Clinton 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 Arkansas, our data show that Clinton's latest annual appreciation rate is higher than 90% of the other cities and towns in Arkansas.
$146,121
for Arkansas
for nation
1,095
$1,090 / per month