59634, Clancy, MT

Clancy, MT is located in the Treasure State and has a population of just over 2,000 people. The median household income in Clancy is just under $50,000 and the median home value is just over $150,000. Home equity in Clancy has been on the rise for the past few years and as of September 2017, the average home equity in Clancy was $128,500.

There are a number of factors that have contributed to the increase in home equity values in Clancy. First and foremost, there has been an influx of new residents into Clancy who are looking to purchase homes at or near market prices. Additionally, many homeowners who have had their homes for several years now have seen their values increase significantly due to strong economic conditions and low interest rates. Finally, Clancy is located within close proximity to major metropolitan areas such as Billings and Missoula which can also contribute to increased demand for housing stock.

Despite the positive trends affecting home equity values in Clancy, there are still some risks associated with investing in this type of asset. For example, if interest rates were to rise significantly from their current levels or if there were any unforeseen economic setbacks that impacted local businesses or employment opportunities, then homeowners could find themselves facing significant financial challenges when it comes time to sell their homes. Overall though, it appears that home equity values continue to be on a steady upward trajectory in Clancy which bodes well for future growth prospects within this community