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 21,823 people, 8,748 houses or apartments, and a median cost of homes of $382,504, Clemmons real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Clemmons, accounting for 71.41% of the village's housing units. Other types of housing that are prevalent in Clemmons include large apartment complexes or high rise apartments ( 17.90%), row houses and other attached homes ( 5.49%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.64%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Clemmons. Owner-occupied housing accounts for 72.20% of Clemmons's homes, and 63.78% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Clemmons 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 Clemmons built between 2000 and later ( 27.84%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.47%). There's also some housing in Clemmons built before 1939 ( 1.31%).
Appreciation rates for homes in Clemmons have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 88.46%, which ranks in the top 50% nationwide. This equates to an annual average Clemmons house appreciation rate of 6.54%.
Over the last year, Clemmons appreciation rates have trailed the rest of the nation. In the last twelve months, Clemmons's appreciation rate has been 3.39%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Clemmons were at 4.67%, which equates to an annual appreciation rate of 20.03%.
Importantly, this makes Clemmons one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.
Relative to North Carolina, our data show that Clemmons's latest annual appreciation rate is lower than 80% of the other cities and towns in North Carolina.
One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Clemmons differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Clemmons - 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 Clemmons real estate investment or home purchase decisions.
$382,504
for North carolina
for nation
8,748
$2,017 / per month