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 20,413, 7,589 total housing units (homes and apartments), and a median house value of $304,698, Clifton real estate values are some of the lowest in Colorado, although compared to real estate around the nation, Clifton homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Clifton, accounting for 60.54% of the town's housing units. Other types of housing that are prevalent in Clifton include mobile homes or trailers ( 24.60%), duplexes, homes converted to apartments or other small apartment buildings ( 9.53%), and a few row houses and other attached homes ( 3.13%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Clifton. Owner-occupied housing accounts for 71.65% of Clifton's homes, and 74.81% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Clifton 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 Clifton built between 2000 and later ( 26.06%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.73%). There's also some housing in Clifton built before 1939 ( 2.37%).
In the last 10 years, Clifton has experienced some of the highest home appreciation rates of any community in the nation. Clifton real estate appreciated 127.12% over the last ten years, which is an average annual home appreciation rate of 8.55%, putting Clifton in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Clifton definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Clifton appreciation rates have trailed the rest of the nation. In the last twelve months, Clifton's appreciation rate has been 0.61%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Clifton were at 1.72%, which equates to an annual appreciation rate of 7.06%.
Relative to Colorado, our data show that Clifton's latest annual appreciation rate is lower than 90% of the other cities and towns in Colorado.
$304,698
for Colorado
for nation
7,589
$1,607 / per month