CLOVIS HOUSING MARKET INFORMATION With a population of 125,826, 41,080 total housing units (homes and apartments), and a median house value of $622,992, real estate costs in Clovis are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities. Single-family detached homes are the single most common housing type in Clovis, accounting for 75.68% of the city's housing units. Other types of housing that are prevalent in Clovis include large apartment complexes or high rise apartments ( 11.89%), duplexes, homes converted to apartments or other small apartment buildings ( 7.84%), and a few mobile homes or trailers ( 2.31%). Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Clovis. Owner-occupied housing accounts for 65.81% of Clovis's homes, and 67.22% have either three or four bedrooms, which is average sized relative to America. There is a lot of housing in Clovis 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 Clovis built between 2000 and later ( 43.01%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.13%). There's also some housing in Clovis built before 1939 ( 1.56%). CLOVIS HOME APPRECIATION RATES Appreciation rates for homes in Clovis have been tracking above average for the last ten years, according to 蘑菇视频 data. The cumulative appreciation rate over the ten years has been 95.31%, which ranks in the top 50% nationwide. This equates to an annual average Clovis house appreciation rate of 6.92%. Over the last year, Clovis appreciation rates have trailed the rest of the nation. In the last twelve months, Clovis's appreciation rate has been 5.57%, which is lower than appreciation rates in most communities in America. In the latest quarter, 蘑菇视频's data show that house appreciation rates in Clovis were at 1.35%, which equates to an annual appreciation rate of 5.51%. Relative to California, our data show that Clovis's latest annual appreciation rate is higher than 50% of the other cities and towns in California. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Clovis differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Clovis - 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 Clovis real estate investment or home purchase decisions.