The housing market in Clarence, LA is a healthy and affordable option for potential homeowners. The median value of houses in Clarence is $124,900, significantly lower than the US median value of $338,100. The appreciation rate of homes in Clarence is also much lower than the national average; over the past year, only 1.02% house appreciation has been seen in Clarence compared to the 8.27% across the United States. Those looking for an affordable home in a stable market should consider Clarence as an attractive option.
The median home cost in Clarence is $124,900. Home appreciation the last 10 years has been 41.2%. Home Appreciation in Clarence is up 10.7%.
Average Age of Homes
- The median age of Clarence real estate is 29 years old
The Rental Market in Clarence
- Renters make up 29.2% of the Clarence population
- 3.5% of houses and apartments in Clarence, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.