Market Overview
Home Prices in Clarks, NE
The median home value in Clarks, NE is $322,275 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.6% compared to a year ago and up 6.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Clarks are priced21% below average. Clarks is part of the Grand Island, NE metro area.
Over the past five years, Clarks home values have risen by approximately48.6%, reflecting strong long-term appreciation in this market.
Price History
Clarks Home Price Trend
City Comparison
Clarks vs. National Median
At $322,275, homes in Clarks cost 21% below the national median of $410,000. This makes Clarks a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Clarks?
20% Down Payment
$64,455
on $322,275
Monthly P&I
$1,681/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,135/mo
incl. taxes & insurance
Income Needed
$85,400
gross annual (30% rule)
10% Down Option
$32,228
+ PMI applies
Loan Amount (20% dn)
$257,820
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, NE?
The median home value in Clarks is $322,275 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.6% year-over-year.
How much have home prices changed in Clarks?
Over the past year, home values in Clarks have increased by 6.6%. Over five years, prices have risen approximately 48.6%.
How much do I need to earn to buy a home in Clarks?
To comfortably afford the median home price of $322,275 with a 20% down payment ($64,455) at today's rates (6.8%), you'd need a gross annual income of approximately $85,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Clarks compare to the national average home price?
The national median home value is approximately $410,000. At $322,275, homes in Clarks are 21% below the national average.
What metro area is Clarks part of?
Clarks is part of the Grand Island, NE metropolitan area. Home prices and market conditions can vary across the broader metro region.