Clarence, NY

Full City Profile · New York · Erie County County

4.5 /5.0
A+ Excellent
2,600 Population 915/sq mi density
$87,344 Median Income $51,430 per capita
$288,600 Home Value $561,498 Zillow
$803 Median Rent 29.2% income on rent
49°F Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A
Economy
4.4 / 5.0
$87,344 median income, 4.2% unemployment
A+
Affordability
4.8 / 5.0
$288,600 home value, $803/mo rent
A
Education
4.2 / 5.0
40.0% bachelor's degree or higher

Housing Overview

Median Home Value
$288,600
2% above
US avg: $281,900
Median Rent
$803/mo
31% below
US avg: $1,163/mo
Homeownership Rate
65.2%
0% below US avg (65.4%)
Total Housing Units
1,223
Median year built: 1967

Home Value by Source

Census Median
$288,600
Zillow (ZHVI)
$561,498
Redfin Median Sale
$490,205
Median Sale Price
$490,205
Median List Price
$749,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.2%
Owner-Occupied
34.8%
Renter-Occupied
65%
35%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $803/mo

Market Indicators (Redfin)

Median Sale Price
$490,205
Median Days on Market
54 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
10
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$233
Active Inventory
18
homes for sale

Affordability & Housing Stock

Rent Burden
29.2%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
65.2%

Complete Housing Data

Home Values

Census Median Value$288,600
Zillow Home Value (ZHVI)$561,498
Redfin Median Sale$490,205
Median Sale Price$490,205
Median List Price$749,900
Price Per Sq Ft$233

Rent

Census Median Rent$803
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Days on Market54
Sale-to-List Ratio1.0%
Price Drops16.7%
Homes Sold10
Active Inventory18
Price Per Sq Ft$233

Ownership & Stock

Owner-Occupied65.2%
Renter-Occupied34.8%
Homeownership Rate65.2%
Total Housing Units1,223
Median Year Built1967
Rent Burden29.2%