The housing market in Clio, AL is strong. The median value of homes in Clio is $110,700, which is significantly lower than the national median value of $338,100. Home values in Clio have increased by 16.13% over the past year, more than doubling the 8.27% rate of appreciation seen across the United States. This indicates that demand for housing in Clio has been rising and people are willing to pay a premium for real estate in the area. With a favorable market outlook and relatively affordable prices, Clio could be a great place to invest in property or start a new home!
The median home cost in Clio is $110,700. Home appreciation the last 10 years has been 46.0%. Home Appreciation in Clio is up 13.3%.
Average Age of Homes
- The median age of Clio real estate is 42 years old
The Rental Market in Clio
- Renters make up 16.6% of the Clio population
- 1.4% of houses and apartments in Clio, 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.