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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Claremont, NC Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Claremont, NC Housing Market Trends

With 1,715 people, 814 houses or apartments, and a median cost of homes of $339,530, Claremont real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Claremont, accounting for 55.43% of the city's housing units. Other types of housing that are prevalent in Claremont include large apartment complexes or high rise apartments ( 26.86%), row houses and other attached homes ( 8.34%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.09%).

The most prevalent building size and type in Claremont are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.90% owning and 39.10% renting.

Claremont homes and real estate are some of the newest in America. 37.71% of Claremont's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Claremont real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 36.57%), and between 1940-1969 ( 19.54%). There's also some housing in Claremont built before 1939 ( 6.17%).

Claremont Home Appreciation Rates

Appreciation rates for homes in Claremont have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 101.78%, which ranks in the top 40% nationwide. This equates to an annual average Claremont house appreciation rate of 7.27%.

Over the last year, Claremont appreciation rates have trailed the rest of the nation. In the last twelve months, Claremont's appreciation rate has been 4.05%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Claremont were at 1.62%, which equates to an annual appreciation rate of 6.65%.

Relative to North Carolina, our data show that Claremont's latest annual appreciation rate is lower than 80% of the other cities and towns in North Carolina.

Average Home Values

Median Home Value

$339,530

Claremont, NC Home Prices
> $1,465,000
$1,099,001 - $1,465,000
$733,001 - $1,099,000
$586,001 - $733,000
$440,001 - $586,000
$293,001 - $440,000
$147,001 - $293,000
$73,001 - $147,000
$0 - $73,000
0.3%
0.3%
0.7%
0.7%
1.3%
1.3%
10.6%
10.6%
15.7%
15.7%
21.4%
21.4%
34.4%
34.4%
11.0%
11.0%
4.6%
4.6%
0% 100.0%
% of Homes
High

for North carolina

High

for nation

Number of Homes And Apartments:

814

Claremont Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,821 / per month

Homeownership Rate

Owners
Renters
60.9%
60.9%
39.1%
39.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.0%
7.0%
93.0%
93.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
37.7%
37.7%
36.6%
36.6%
19.5%
19.5%
6.2%
6.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
55.4%
55.4%
8.3%
8.3%
7.1%
7.1%
26.9%
26.9%
2.3%
2.3%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.8%
3.8%
1.7%
1.7%
30.3%
30.3%
49.1%
49.1%
12.2%
12.2%
2.9%
2.9%
0% 100.0%
% of Homes