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 10,634 people, 4,314 houses or apartments, and a median cost of homes of $305,346, Clute 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 Clute, accounting for 50.78% of the city's housing units. Other types of housing that are prevalent in Clute include large apartment complexes or high rise apartments ( 40.00%), duplexes, homes converted to apartments or other small apartment buildings ( 4.75%), and a few mobile homes or trailers ( 4.47%).
People in Clute primarily live in small (one, two or no bedroom) single-family detached homes. Clute has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Clute 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 Clute built between 2000 and later ( 31.35%). A lesser amount of the housing stock also hails from between 1940-1969 ( 22.97%).
Vacant housing appears to be an issue in Clute. Fully 13.15% of the housing stock is classified as vacant. Left unchecked, vacant Clute homes and apartments can be a drag on the real estate market, holding Clute real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Real estate appreciation rates in Clute's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.09% during the period.
Over the last year, Clute appreciation rates have trailed the rest of the nation. In the last twelve months, Clute's appreciation rate has been 2.01%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Clute were at 1.69%, which equates to an annual appreciation rate of 6.92%.
Relative to Texas, our data show that Clute's latest annual appreciation rate is lower than 80% of the other cities and towns in Texas.
$305,346
for Texas
for nation
4,314
$1,721 / per month