The housing in Clarksdale, MS is quite affordable with a median value of $71,800. This is significantly lower than the US House Median Value of $338,100 and is likely to be attractive for prospective homebuyers looking for a home in the area. In addition, the 1-year house appreciation rate in Clarksdale is 17.86%, which is substantially higher than the US average of 8.27%. This means that anyone investing in property in Clarksdale can expect to see solid returns on their investment over time. All things considered, it looks like there are plenty of good reasons to consider purchasing housing in Clarksdale, MS.
The median home cost in Clarksdale is $71,800. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Clarksdale is up 19.2%.
Average Age of Homes
- The median age of Clarksdale real estate is 50 years old
The Rental Market in Clarksdale
- Renters make up 43.5% of the Clarksdale population
- 7.4% of houses and apartments in Clarksdale, 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.