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 99,448, 44,613 total housing units (homes and apartments), and a median house value of $279,500, Clinton Township real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Clinton Township, accounting for 48.63% of the township's housing units. Other types of housing that are prevalent in Clinton Township include large apartment complexes or high rise apartments ( 26.55%), row houses and other attached homes ( 16.91%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.31%).
The most prevalent building size and type in Clinton Township are three and four bedroom dwellings, chiefly found in single-family detached homes. The township has a mixture of owners and renters, with 64.05% owning and 35.95% renting.
There is a lot of housing in Clinton Township 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 Township built between 1940-1969 ( 25.31%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.59%). There's also some housing in Clinton Township built before 1939 ( 2.07%).
Appreciation rates for homes in Clinton Township have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 102.90%, which ranks in the top 40% nationwide. This equates to an annual average Clinton Township house appreciation rate of 7.33%.
NeighborhoodScout's data show that during the latest twelve months, Clinton Township's appreciation rate, at 5.31%, has been at or slightly above the national average. In the latest quarter, Clinton Township's appreciation rate has been 1.70%, which annualizes to a rate of 6.96%.
Relative to Michigan, our data show that Clinton Township's latest annual appreciation rate is lower than 60% of the other cities and towns in Michigan.
One very important thing to keep in mind is that these are average appreciation rates for the township. Individual neighborhoods within Clinton Township differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Clinton Township - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Clinton Township real estate investment or home purchase decisions.
$279,500
for Michigan
for nation
44,613
$1,615 / per month