Clemson Most Affordable College Town in Atlantic Coast Conference

Clemson was found to be the most affordable college town in the Atlantic Coast Conference in a national study released by Coldwell Banker®. The Coldwell Banker College Market Home Price Comparison Index (HPCI) examines markets that are home to 119 Football Bowl Subdivision (I-A) schools, ranking more than 300 markets across the United States and Puerto Rico in affordability.

Clemson home prices in 2007 averaged $219,600. Winston-Salem, N.C., home of Wake Forest University, and Durham, N.C., home of Duke University, were ranked second and third in the Conference with home prices averaging $228,900 and $229,900 respectively.

“College towns like Clemson remain a popular living destination – whether for first-time homeowners or alumni looking for great retirement spots,” says Brad Halter, President and General Manager of Coldwell Banker Caine. “School spirit draws many alumni back to Clemson and for others, continuing education, pursuing jobs, enjoying culture, and following college sports makes Clemson ideal.”
Halter says that many parents have become interested in buying homes for their college-aged sons and daughters.

“Once a child is able to live off-campus, many parents consider buying off-campus housing to allow their child to live in a family owned home with classmates paying rent as roommates,” Halter says. “Over time, the home appreciates in value, and the family can keep it or sell it with the proceeds going toward college payments.”

“Typically, game-day investors and families look at buying in the Clemson area as a two-fold advantage – there’s the benefit of investing in the property, but also there’s the added benefit of securing parking for game days.”

The full study can be accessed at
www.ColdwellBankerCaine.com.