Clarence, IA—52216
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Clarence, IA
Clarence, IA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $190,000 | 0.8% |
| Single Family | $190,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $158,000 | 2.6% |
3 Bed | $205,000 | 2.0% |
4 Bed | $214,000 | 0.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Clarence, IA
Clarence, IA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Clarence, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Clarence, IA is 53. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $216,000 | 15.0% |
Listing Count | 11 | 94.0% |
| Listings as % of Homes | 0.1% | 94.0% |
Days on Market | 53 | 15.0% |
Demographics — Clarence, IA
As of the latest ACS Survey released in 2023, Clarence, IA has a population of 1,510, which has increased by 26.9% over the past 5 years. Clarence, IA is a moderately popular place for families, as children make up 25.0% of the population. The area has a poorly educated workforce, with 14.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,510 | 26.9% |
% Under 18 | 25.0% | 57.2% |
% Seniors | 20.4% | -18.1% |
% WFH | 4.0% | 48.1% |
% w/ College Degree | 14.1% | -17.1% |
As of the latest ACS Survey released in 2023, Clarence, IA is a predominantly white area, with 99.3% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Clarence, IA is hispanic, making up 0.7% of the population. Foreign-born residents account for 0.0% of the population in Clarence, IA, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 99.3% | 0.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.7% | -30.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Clarence, IA
According to HUD data as of 2023, there were 61 mortgage originations in Clarence, IA, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Clarence, IA. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 61 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Clarence, IA
Clarence, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,150 |
| 4 Bedroom | N/A | N/A | $1,210 |
Affordability — Clarence, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $190,000 |
| Median Household Income | $66,400 |