With only 0.5 months of inventory, Clio remains a seller's market. The median home price in Clio currently stands at $127,500. At the current pace, all available homes in Clio would sell out in just 0.5 months, indicating a continued supply shortage. Homes are taking about 110 days to sell, which is NaN days longer than this time last year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Clio market with the affordability index at 526.9. Based on current market indicators, home prices in Clio are projected to increase by approximately 16.7% over the next month.
Clio, AL has a total population of 1,397 residents. with a significant Hispanic/Latino community (23.2%). African American residents comprise 34.5% of the community. This creates a relatively diverse demographic makeup for the area. The small population size creates an intimate community atmosphere in Clio, AL.
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