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 20,413 people, 7,784 houses or apartments, and a median cost of homes of $364,008, Clifton real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Clifton, accounting for 59.78% of the town's housing units. Other types of housing that are prevalent in Clifton include mobile homes or trailers ( 20.18%), duplexes, homes converted to apartments or other small apartment buildings ( 13.40%), and a few large apartment complexes or high rise apartments ( 3.30%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Clifton. Owner-occupied housing accounts for 73.21% of Clifton's homes, and 67.36% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Clifton 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 Clifton built between 2000 and later ( 22.02%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.42%). There's also some housing in Clifton built before 1939 ( 2.96%).
In the last 10 years, Clifton has experienced some of the highest home appreciation rates of any community in the nation. Clifton real estate appreciated 135.60% over the last ten years, which is an average annual home appreciation rate of 8.95%, putting Clifton in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Clifton definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Clifton that despite a nationwide downturn in the housing market, Clifton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Clifton appreciation rates continue to be some of the highest in America, at 8.73%, which is higher than appreciation rates in 91.80% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Clifton. Clifton appreciation rates in the latest quarter were at 3.81%, which equates to an annual appreciation rate of 16.11%.
Importantly, this makes Clifton 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 Colorado, our data show that Clifton's latest annual appreciation rate is higher than 90% of the other cities and towns in Colorado.
$364,008
for Colorado
for nation
7,784
$1,440 / per month