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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Clarinda, IA Real Estate Market

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 Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Clarinda, IA Housing Market Trends

With 5,353 people, 1,980 houses or apartments, and a median cost of homes of $171,199, house prices in Clarinda are solidly below the national average.

Single-family detached homes are the single most common housing type in Clarinda, accounting for 77.14% of the city's housing units. Other types of housing that are prevalent in Clarinda include duplexes, homes converted to apartments or other small apartment buildings ( 10.87%), large apartment complexes or high rise apartments ( 6.81%), and a few mobile homes or trailers ( 3.47%).

The most prevalent building size and type in Clarinda are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.10% owning and 45.90% renting.

The housing in Clarinda was primarily built before 1939 ( 37.42%), making the housing stock in Clarinda some of the oldest overall in America, although there is a range of ages of homes in Clarinda. The next most important housing age is between 1970-1999 ( 34.17%), followed by between 1940-1969 ( 23.17%). There's also some housing in Clarinda built between 2000 and later ( 5.23%).

Vacant housing appears to be an issue in Clarinda. Fully 10.73% of the housing stock is classified as vacant. Left unchecked, vacant Clarinda homes and apartments can be a drag on the real estate market, holding Clarinda 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.

Clarinda Home Appreciation Rates

Real estate appreciation rates in Clarinda's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.74% during the period.

NeighborhoodScout's data show that during the latest twelve months, Clarinda's appreciation rate, at 6.82%, has been at or slightly above the national average. In the latest quarter, Clarinda's appreciation rate has been 2.03%, which annualizes to a rate of 8.38%.

Relative to Iowa, our data show that Clarinda's latest annual appreciation rate is lower than 50% of the other cities and towns in Iowa.

Average Home Values

Median Home Value

$171,199

Clarinda, IA Home Prices
> $1,350,000
$1,013,001 - $1,350,000
$675,001 - $1,013,000
$540,001 - $675,000
$405,001 - $540,000
$270,001 - $405,000
$135,001 - $270,000
$67,001 - $135,000
$0 - $67,000
0.4%
0.4%
0.0%
0.0%
0.8%
0.8%
1.7%
1.7%
0.7%
0.7%
10.7%
10.7%
44.2%
44.2%
27.6%
27.6%
13.9%
13.9%
0% 100.0%
% of Homes
Low

for Iowa

Low

for nation

Number of Homes And Apartments:

1,980

Clarinda Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,049 / per month

Homeownership Rate

Owners
Renters
54.1%
54.1%
45.9%
45.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
10.7%
10.7%
89.3%
89.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
5.2%
5.2%
34.2%
34.2%
23.2%
23.2%
37.4%
37.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
77.1%
77.1%
1.7%
1.7%
10.9%
10.9%
6.8%
6.8%
3.5%
3.5%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.2%
3.2%
6.4%
6.4%
37.7%
37.7%
34.0%
34.0%
15.7%
15.7%
3.0%
3.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Clarinda

Popular Communities Near Clarinda, IA

Zip Codes in Clarinda, IA