Is Clarence, MO 63437 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Clarence is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply16Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market88Listing to accepted offer
Median price per sq ft$120

The Clarence housing market right now

In the three months ending August 31, 2026, 0% of homes in Clarence, MO 63437 sold above their list price, the typical home went under contract in 88 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Nearby markets

Leonard 63451 — /sq ftShelbina 63468Seller’s market $91 /sq ftShelbyville 63469 — /sq ft Browse all markets →

Where Clarence is

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Questions about Clarence real estate

Is Clarence a buyer’s or seller’s market?

A buyer’s market: there were 16 months of supply in Clarence, MO 63437 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Clarence?

The typical home went under contract in 88 days in the latest three months.

Do homes in Clarence sell over asking?

0% of homes sold above their original list price.

What are property taxes in Clarence?

About 0.86% of a home’s value a year in Shelby County, or roughly $3,440 on a $400,000 home.

What is the median home price in Clarence?

The median sale price was $134,942 in the three months ending August 31, 2026, about $120 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology