Median price for residential apartments in Clara City, MN as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
3 Clara City, MN 56222, USA apartments for sale
Clara City
According to statistics, the population in Clara City, MN amounts to 1,383, which shows decline -2% compared to the previous year. The median age of the city’s residents is 43. The average household income is $51,447, shifting decline -4% from the past year, and the average property value in Clara City, MN growth 5% to $86,400 throughout the year.
| Population | 1,383 |
| Median Age | 42.8 |
| Poverty Rate | 10% |
| Household Income | $51,447 |
| Number Of Employees | 631 |
| Median Property Value | $86,400 |
Household Income
The average household income in Clara City, MN declined from $53,750 to $51,447 in the past year. This data is an estimate based upon 552 households in Clara City, MN . The chart below presents how household income is distributed in Clara City, MN in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Clara City, MN shifted from $82,000 to $86,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Clara City, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Clara City, MN properties falls in the '$60,000 to $69,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Clara City, MN compared to median property taxes around the country. The prevalent amount of property taxes in Clara City, MN equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Clara City, MN 56222, USA
Average apartment sale in Clara City: $20,000 (-91.9%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| 1-bed apartments | $20,000 | N/A |
| 3-bed apartments | $192,000 | N/A |
| 4+ bed apartments | $299,000 | N/A |
During Nov 2022, the average price for an apartment in/near Clara City, MN decreased by 91.9% to $20,000.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $20,000 with no changes this month. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $192,000. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $299,000 for a big-family home.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Houses for sale | $20,000 | -91.9% |
Price reports demonstrate that house price decreased by 91.9% this month making it up to $20,000.