The housing market in the Clarksdale, MS Metro Area is experiencing a notable increase in value. The median home value is currently at $97,200, which is significantly lower than the national median of $338,100. However, the housing appreciation rate over the last year in Clarksdale is 12.51%, far exceeding the national average of 8.27%. This growth indicates that now may be an advantageous time to invest in the Clarksdale housing market.
The median home cost in Clarksdale Metro Area is $97,200. Home appreciation the last 10 years has been 80.2%. Home Appreciation in Clarksdale Metro Area is up 19.2%.
Average Age of Homes
- The median age of Clarksdale Metro Area real estate is 46 years old
The Rental Market in Clarksdale Metro Area
- Renters make up 40.1% of the Clarksdale Metro Area population
- 5.8% of houses and apartments in Clarksdale Metro Area, 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.