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 7,255, 2,846 total housing units (homes and apartments), and a median house value of $301,182, Clarkston real estate values are some of the lowest in Washington, although compared to real estate around the nation, Clarkston homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Clarkston, accounting for 64.82% of the city's housing units. Other types of housing that are prevalent in Clarkston include duplexes, homes converted to apartments or other small apartment buildings ( 15.87%), large apartment complexes or high rise apartments ( 12.91%), and a few row houses and other attached homes ( 2.20%).
People in Clarkston primarily live in small (one, two or no bedroom) single-family detached homes. Clarkston 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. Clarkston's housing was primarily built during this period, from the '40s through the '60s. A full 37.32% of the city's housing hails from this era. Other housing ages represented in Clarkston include homes built between 1970-1999 ( 30.40%) and housing constructed before 1939 ( 26.90%). There's also some housing in Clarkston built between 2000 and later ( 5.39%).
Real estate appreciation rates in Clarkston's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.49% during the period.
Over the last year, Clarkston appreciation rates have trailed the rest of the nation. In the last twelve months, Clarkston's appreciation rate has been -3.98%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Clarkston were at 5.93%, which equates to an annual appreciation rate of 25.91%.
Importantly, this makes Clarkston one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Washington, our data show that Clarkston's latest annual appreciation rate is lower than 90% of the other cities and towns in Washington.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Clarkston differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Clarkston - 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 Clarkston real estate investment or home purchase decisions.
$301,182
for Washington
for nation
2,846
$1,550 / per month