The housing market in 38614 Clarksdale, MS is thriving compared to the national average. The median value of houses in this area is $74,600 which is much lower than the US median value of $338,100. However, the one year appreciation rate for house values in this area is 17.86%, which is significantly higher than the US one year appreciation rate of 8.27%. This suggests that housing values in this area are expected to continue increasing over the next year.
The median home cost in Clarksdale (zip 38614) is $74,600. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Clarksdale (zip 38614) is up 19.2%.
Average Age of Homes
- The median age of Clarksdale (zip 38614) real estate is 49 years old
The Rental Market in Clarksdale (zip 38614)
- Renters make up 42.6% of the Clarksdale (zip 38614) population
- 6.7% of houses and apartments in Clarksdale (zip 38614), 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.