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 13,149 people, 5,203 houses or apartments, and a median cost of homes of $251,265, Claremont real estate values are some of the lowest in New Hampshire, although compared to real estate around the nation, Claremont homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Claremont, accounting for 51.40% of the city's housing units. Other types of housing that are prevalent in Claremont include large apartment complexes or high rise apartments ( 19.50%), duplexes, homes converted to apartments or other small apartment buildings ( 17.25%), and a few mobile homes or trailers ( 8.46%).
People in Claremont primarily live in small (one, two or no bedroom) single-family detached homes. Claremont has a mixture of owner-occupied and renter-occupied housing.
The housing in Claremont was primarily built before 1939 ( 37.85%), making the housing stock in Claremont some of the oldest overall in America, although there is a range of ages of homes in Claremont. The next most important housing age is between 1970-1999 ( 31.13%), followed by between 1940-1969 ( 27.37%). There's also some housing in Claremont built between 2000 and later ( 3.64%).
Vacant housing appears to be an issue in Claremont. Fully 12.63% of the housing stock is classified as vacant. Left unchecked, vacant Claremont homes and apartments can be a drag on the real estate market, holding Claremont 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.
Appreciation rates for homes in Claremont have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 113.83%, which ranks in the top 30% nationwide. This equates to an annual average Claremont house appreciation rate of 7.90%.
Appreciation rates are so strong in Claremont that despite a nationwide downturn in the housing market, Claremont real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Claremont appreciation rates continue to be some of the highest in America, at 15.25%, which is higher than appreciation rates in 87.76% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Claremont. Claremont appreciation rates in the latest quarter were at 3.20%, which equates to an annual appreciation rate of 13.45%.
Relative to New Hampshire, our data show that Claremont's latest annual appreciation rate is higher than 80% of the other cities and towns in New Hampshire.
$251,265
for New hampshire
for nation
5,203
$1,559 / per month