Clinton, Iowa Housing Market Prices
Clinton Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 4% above the Iowa median$159,745
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Median rent 18% below the Iowa median$793
Housing Market Overview
| Metric | Clinton | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $159,745 | $153,425 | $248,835 |
| Price Trend (Annual %) | 113.8% | 7.5% | 7.5% |
| Median Gross Rent | $793 | $971 | $1,407 |
| Rent Trend (Annual %) | 2.9% | 3.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Clinton is about 4% higher than in Iowa. Rent is about 18% lower than the Iowa average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Clinton, up about 113.8% and 2.9% a year respectively. Home prices are changing faster.
Median rent in Clinton rose about 29.7% between 2015 and 2024, from $611 to $793. Over the same span, rent in Iowa rose about 39.6%.
Affordability
On average, housing unit costs 2.7 yearly household incomes in Clinton.
Buying the median-priced home in Clinton costs roughly 16.8 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Clinton. The price-to-rent ratio in Iowa is about 13.2.
| Metric | Clinton | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $159,745 | $153,425 | $248,835 |
| Median Household Income | $59,643 | $75,133 | $80,455 |
| Price-to-Income Ratio | 2.7 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Clinton rose about 156.1%, while median household income rose about 40.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Clinton | Iowa Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.6% | 65.6% | 58.5% |
| Rental Rate | 27.4% | 25.9% | 31.2% |
| Vacancy Rate | 13.0% | 8.5% | 10.2% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Clinton has a homeownership rate of 59.6%, lower than the Iowa average of 65.6%. Its housing vacancy rate is 13.0%, compared with 8.5% in Iowa.
Housing Stock
| Metric | Clinton | Iowa Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.21 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1955 | 1971 | 1978 |
| Median Number of Rooms | 5.6 | 5.9 | 5.5 |
The typical housing unit in Clinton was built around 1955. On average, 2.2 people live in a home with about 5.6 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Clinton, Iowa.
What is the median home price in Clinton, Iowa?
The median home price in Clinton, Iowa is $159,745, higher than the Iowa average of $153,425.
What is the average home price in Clinton, Iowa?
The typical home price in Clinton, Iowa, reported as the median sale price, is $159,745. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Clinton, Iowa?
The median gross rent in Clinton, Iowa is $793 per month, lower than the Iowa average of $971.
What was the median gross rent in Clinton in 2020?
In 2020, the median gross rent in Clinton, Iowa was $651 per month.
What is the price-to-rent ratio in Clinton, Iowa?
The price-to-rent ratio in Clinton, Iowa is about 16.8, meaning it would take roughly 16.8 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Clinton.
Are home prices or rent rising faster in Clinton, Iowa?
Both home prices and rent are rising in Clinton, up about 113.8% and 2.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Clinton, Iowa?
59.6% of households in Clinton, Iowa own their home, lower than the Iowa average of 65.6%.
What is the vacancy rate in Clinton, Iowa?
The housing vacancy rate in Clinton, Iowa is 13.0%, higher than the Iowa average of 8.5%.
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