Clarkfield, MN is a small town in Minnesota that has seen a significant increase in home values over the last year. The median housing value in Clarkfield is $72,700, which is significantly lower than the US House Median Value of $338,100. Despite this large difference in median values, the 1 year house appreciation rate for Clarkfield has been 13.39%, which is higher than the US 1 year house appreciation rate of 8.27%. This indicates that there has been an increase in demand for homes in Clarkfield and provides an opportunity for folks looking to invest or purchase a home to take advantage of this change.
The median home cost in Clarkfield is $72,700. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Clarkfield is up 12.6%.
Average Age of Homes
- The median age of Clarkfield real estate is 65 years old
The Rental Market in Clarkfield
- Renters make up 23.7% of the Clarkfield population
- 6.8% of houses and apartments in Clarkfield, 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.