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 6,882, 3,139 total housing units (homes and apartments), and a median house value of $135,290, house prices in Clinton are some of the most affordable in Illinois as well as the nation.
Single-family detached homes are the single most common housing type in Clinton, accounting for 76.38% of the city's housing units. Other types of housing that are prevalent in Clinton include duplexes, homes converted to apartments or other small apartment buildings ( 10.69%), large apartment complexes or high rise apartments ( 8.40%), and a few mobile homes or trailers ( 2.98%).
People in Clinton primarily live in small (one, two or no bedroom) single-family detached homes. Clinton has a mixture of owner-occupied and renter-occupied housing.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Clinton's housing was primarily built during this period, from the '40s through the '60s. A full 41.67% of the city's housing hails from this era. Other housing ages represented in Clinton include homes built before 1939 ( 29.41%) and housing constructed between 1970-1999 ( 25.09%). There's also some housing in Clinton built between 2000 and later ( 3.83%).
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 49.19%, which is annualized rate of 4.08%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Appreciation rates are so strong in Clinton that despite a nationwide downturn in the housing market, Clinton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Clinton appreciation rates continue to be some of the highest in America, at 9.01%, which is higher than appreciation rates in 80.87% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Clinton. Clinton appreciation rates in the latest quarter were at 1.42%, which equates to an annual appreciation rate of 5.82%.
Relative to Illinois, our data show that Clinton's latest annual appreciation rate is higher than 70% of the other cities and towns in Illinois.
$135,290
for Illinois
for nation
3,139
$1,201 / per month