The housing market in Clarence, MO (zip code: 63437) is doing very well. The median value of a home in the area is $101,100, which is much lower than the US median of $338,100. However, the 1 year appreciation rate for homes in Clarence is 13.45%, which is higher than the national average of 8.27%. This means that homes are increasing in value quickly and there are excellent opportunities to both buy and sell property in this area.
The median home cost in Clarence (zip 63437) is $101,100. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Clarence (zip 63437) is up 17.1%.
Average Age of Homes
- The median age of Clarence (zip 63437) real estate is 53 years old
The Rental Market in Clarence (zip 63437)
- Renters make up 17.7% of the Clarence (zip 63437) population
- 4.3% of houses and apartments in Clarence (zip 63437), 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.