Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Housing Market Overview
| Metric | Clive | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $349,999 | $143,535 | $242,182 |
| Price Trend (Annual %) | 7.7% | 7.5% | 8.2% |
| Median Gross Rent | $1,211 | $948 | $1,342 |
| Rent Trend (Annual %) | 4.0% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Clive is about 144% higher than in Iowa. Rent is about 28% higher than the Iowa average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Clive, up about 7.7% and 4.0% a year respectively. Home prices are changing faster.
Median rent in Clive rose about 44.7% between 2015 and 2023, from $837 to $1,211. Over the same span, rent in Iowa rose about 36.3%.
Affordability
On average, housing unit costs 2.8 yearly household incomes in Clive.
Buying the median-priced home in Clive costs roughly 24.1 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Clive. The price-to-rent ratio in Iowa is about 12.6.
| Metric | Clive | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $349,999 | $143,535 | $242,182 |
| Median Household Income | $126,730 | $73,286 | $78,145 |
| Price-to-Income Ratio | 2.8 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Clive fell about 16.6%, while median household income rose about 43.8% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Clive | Iowa Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.2% | 65.3% | 58.2% |
| Rental Rate | 28.4% | 26.0% | 31.3% |
| Vacancy Rate | 4.5% | 8.6% | 10.6% |
| Median Tenure (years) | 12.0 | 15.0 | 15.0 |
| Median Year Moved In | 2014 | 2011 | 2011 |
Clive has a homeownership rate of 67.2%, higher than the Iowa average of 65.3%. Its housing vacancy rate is 4.5%, compared with 8.6% in Iowa.
Housing Stock
| Metric | Clive | Iowa Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.64 people | 2.37 people | 2.54 people |
| Median Structure Built Year | 1995 | 1970 | 1978 |
| Median Number of Rooms | 6.9 | 5.9 | 5.5 |
The typical housing unit in Clive was built around 1995. On average, 2.6 people live in a home with about 6.9 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Clive, Iowa.
What is the median home price in Clive, Iowa?
The median home price in Clive, Iowa is $349,999, higher than the Iowa average of $143,535.
What is the average home price in Clive, Iowa?
The typical home price in %s, reported as the median sale price, is %s. 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 Clive, Iowa?
The median gross rent in Clive, Iowa is $1,211 per month, higher than the Iowa average of $948.
What was the median gross rent in Clive in 2020?
In 2020, the median gross rent in Clive, Iowa was $968 per month.
What is the price-to-rent ratio in Clive, Iowa?
The price-to-rent ratio in Clive, Iowa is about 24.1, meaning it would take roughly 24.1 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Clive.
Are home prices or rent rising faster in Clive, Iowa?
Both home prices and rent are rising in Clive, up about 7.7% and 4.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Clive, Iowa?
67.2% of households in Clive, Iowa own their home, higher than the Iowa average of 65.3%.
What is the vacancy rate in Clive, Iowa?
The housing vacancy rate in Clive, Iowa is 4.5%, lower than the Iowa average of 8.6%.