Market Overview
Home Prices in Clarks Hill, IN
The median home value in Clarks Hill, IN is $255,620 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.9% compared to a year ago and up 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Clarks Hill are priced38% below average. Clarks Hill is part of the Lafayette-West Lafayette, IN metro area.
Over the past five years, Clarks Hill home values have risen by approximately39.2%, reflecting strong long-term appreciation in this market.
Price History
Clarks Hill Home Price Trend
City Comparison
Clarks Hill vs. National Median
At $255,620, homes in Clarks Hill cost 38% below the national median of $410,000. This makes Clarks Hill a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Clarks Hill?
20% Down Payment
$51,124
on $255,620
Monthly P&I
$1,333/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,693/mo
incl. taxes & insurance
Income Needed
$67,720
gross annual (30% rule)
10% Down Option
$25,562
+ PMI applies
Loan Amount (20% dn)
$204,496
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Clarks Hill, IN?
The median home value in Clarks Hill is $255,620 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.9% year-over-year.
How much have home prices changed in Clarks Hill?
Over the past year, home values in Clarks Hill have increased by 1.9%. Over five years, prices have risen approximately 39.2%.
How much do I need to earn to buy a home in Clarks Hill?
To comfortably afford the median home price of $255,620 with a 20% down payment ($51,124) at today's rates (6.8%), you'd need a gross annual income of approximately $67,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Clarks Hill compare to the national average home price?
The national median home value is approximately $410,000. At $255,620, homes in Clarks Hill are 38% below the national average.
What metro area is Clarks Hill part of?
Clarks Hill is part of the Lafayette-West Lafayette, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.