The housing market in Clarissa, MN is doing well! The median value of a house in this small city is $175,500, which is significantly less than the US median value of $338,100. However, what makes this difference more impressive is that the one year appreciation rate of houses in Clarissa was 12.38%, which is higher than the US average of 8.27%. This shows that the housing market in Clarissa is strong and will continue to grow over time.
The median home cost in Clarissa is $175,500. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Clarissa is up 20.4%.
Average Age of Homes
- The median age of Clarissa real estate is 61 years old
The Rental Market in Clarissa
- Renters make up 26.4% of the Clarissa population
- 3.1% of houses and apartments in Clarissa, 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.