The housing market in Clarence, MI is thriving. The median value of a house in Clarence is $254,300, which is significantly lower than the US House Median Value of $338,100. What’s more impressive is that the 1 year House Appreciation rate for homes in Clarence comes to 9.35%, which is higher than the national average of 8.27%. This suggests that investing in a home in Clarence can provide potential buyers with an increased return on their investment. Given these facts and figures it’s easy to see why housing in Clarence should be given serious consideration by anyone looking for a place to live or invest.
The median home cost in Clarence is $254,300. Home appreciation the last 10 years has been 103.2%. Home Appreciation in Clarence is up 15.9%.
Average Age of Homes
- The median age of Clarence real estate is 45 years old
The Rental Market in Clarence
- Renters make up 13.4% of the Clarence population
- 1.5% 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.