Market Overview
Home Prices in Clarklake, MI
The median home value in Clarklake, MI is $333,180 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.8% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Clarklake are priced19% below average. Clarklake is part of the Jackson, MI metro area.
Over the past five years, Clarklake home values have risen by approximately21.7%, reflecting strong long-term appreciation in this market.
Price History
Clarklake Home Price Trend
City Comparison
Clarklake vs. National Median
At $333,180, homes in Clarklake cost 19% below the national median of $410,000. This makes Clarklake a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Clarklake?
20% Down Payment
$66,636
on $333,180
Monthly P&I
$1,738/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,207/mo
incl. taxes & insurance
Income Needed
$88,280
gross annual (30% rule)
10% Down Option
$33,318
+ PMI applies
Loan Amount (20% dn)
$266,544
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 Clarklake, MI?
The median home value in Clarklake is $333,180 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.8% year-over-year.
How much have home prices changed in Clarklake?
Over the past year, home values in Clarklake have increased by 3.8%. Over five years, prices have risen approximately 21.7%.
How much do I need to earn to buy a home in Clarklake?
To comfortably afford the median home price of $333,180 with a 20% down payment ($66,636) at today's rates (6.8%), you'd need a gross annual income of approximately $88,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Clarklake compare to the national average home price?
The national median home value is approximately $410,000. At $333,180, homes in Clarklake are 19% below the national average.
What metro area is Clarklake part of?
Clarklake is part of the Jackson, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.