Clarence Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in Clarence is $140, which is higher than the Buffalo Metro average of $99. The median price of homes currently listed in Clarence is $409,500 while the median price of homes that sold is $292,950. The median rent price in Clarence is $15,995.

Foreclosures will be a factor impacting home values in the next several years. In Clarence 1.4 homes are foreclosed (per 10,000). This is lower than the national value of 4.4

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Clarence is 8.2%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Clarence homeowners underwater on their mortgage is 3.4%.

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Relative ZHVI
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Clarence Market Overview

Data through Jul 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $409,500 Median listing price
  • $292,950 Median sale price (Jun 30, 2014)
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Clarence Market Health

Data through Jul 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 3.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 8.2% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Pendleton $185,100 South Lockport $128,800 Royalton $126,100
Town of Lockport $98,700    

Listings & Sales

Data through Jul 31, 2014
  • $140 Median list price / sq ft
  • $121 Median sale price / sq ft (Jun 30, 2014)
  • 46.7% Listings with price cut
30.5%
Sold below listing
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Clarence Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,163 Clarence
$1,187 Buffalo Metro
$1,318 United States
  • 3.0 Breakeven horizon What's This?  
    Close

    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No recent data Rent list price
  • No data Rent list price / sq ft
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