Clarion, Iowa Real Estate & Housing Market

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Clarion Housing Information

Index	Clarion	Iowa	National
Median home price	$73,600	$132,800	$184,700
Median rent asked	$657	$715	$949
Avg. people per household	2.3	2.4	2.6
Owner occupied households	64.4%	71.1%	63.6%
Renter occupied households	35.6%	28.9%	36.4%

Above, you will see a summary of real estate in Clarion, IA. On average, homes in Clarion, IA cost $73,600, a value that is 45% lower than the average in Iowa. In general terms, this results in Clarion, IA real estate being more affordable than Iowa real estate. On average, people who rent houses in Clarion, IA pay $657; this value is 8% lower than the average amount renters pay in Iowa. 64.4% of Clarion, IA residents own their own homes and, on average, each of the homes has 2.3 occupants. Clarion, IA real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Clarion, IA is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.

Clarion Home Affordability

It’s advisable to look at home affordability when trying to find the ideal place to find real estate in Clarion, IA. To estimate home affordability, one method is to use the ratio of home price to median household income. The Clarion, IA’s median home price stands at $73,600 while $38,694 is the value of the average household income. The resulting home price to income ratio, which is 1.9x, differs from the Iowa average as the ratio is 22% lower than the state’s average. The average home price divided by the median home income results in the home affordability ratio. Considering the comparison between the home price and home income, homes in Clarion, IA are considered less expensive if the ratio of home price to income is lower. Besides the home price to median household income ratio, other considerable factors do apply in determining home affordability. Using the home affordability calculator displayed below can help determine the exact price that suits any budget when searching for real estate in Clarion, IA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Rowan, IA	143	$28,300	85%
Alexander, IA	150	$41,300	78%
Goodell, IA	128	$41,300	78%
Dows, IA	497	$42,500	77%
Renwick, IA	267	$45,000	76%
Clarion, IA	2,783	$73,600	60%

Cities with similar population

City, State	Population	Home Price	National Avg.
Lagrange, IN	2,783	$87,700	53%
Mount Vernon, KY	2,783	$86,700	53%
Hamburg, AR	2,783	$69,400	62%
Desert Hills, AZ	2,782	$113,900	38%
Meadowbrook, CA	2,782	$138,900	25%
Clarion, IA	2,783	$73,600	60%

Source: The Clarion, IA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).