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 7,405 people, 2,656 houses or apartments, and a median cost of homes of $325,534, Clover real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Clover, accounting for 86.07% of the town's housing units. Other types of housing that are prevalent in Clover include large apartment complexes or high rise apartments ( 4.92%), duplexes, homes converted to apartments or other small apartment buildings ( 3.70%), and a few mobile homes or trailers ( 2.76%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Clover. Owner-occupied housing accounts for 67.67% of Clover's homes, and 64.87% have either three or four bedrooms, which is average sized relative to America.
Clover homes and real estate are some of the newest in America. 43.68% of Clover's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Clover real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 26.71%), and between 1940-1969 ( 24.72%). There's also some housing in Clover built before 1939 ( 4.89%).
In the last 10 years, Clover has experienced some of the highest home appreciation rates of any community in the nation. Clover real estate appreciated 120.52% over the last ten years, which is an average annual home appreciation rate of 8.23%, putting Clover in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Clover definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Clover's appreciation rate, at 6.26%, has been at or slightly above the national average. In the latest quarter, Clover's appreciation rate has been 1.72%, which annualizes to a rate of 7.07%.
Relative to South Carolina, our data show that Clover's latest annual appreciation rate is lower than 70% of the other cities and towns in South Carolina.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Clover differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Clover - 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 Clover real estate investment or home purchase decisions.
$325,534
for South carolina
for nation
2,656
$1,875 / per month