Clarendon, TX is a great place to invest in real estate. The median housing value is currently at $93,100, which is significantly lower than the national median of $338,100. Moreover, the one-year appreciation rate for housing in Clarendon is 16.22%, which is much higher than the national average of 8.27%. This makes Clarendon an attractive option for those looking to make a long-term investment in property due to its comparatively low cost and increased potential for appreciation.
The median home cost in Clarendon is $93,100. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Clarendon is up 19.7%.
Average Age of Homes
- The median age of Clarendon real estate is 57 years old
The Rental Market in Clarendon
- Renters make up 20.7% of the Clarendon population
- 1.7% of houses and apartments in Clarendon, 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.