Clarks, NE—68628
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Clarks, NE
As of Oct '25, the median home price in Clarks, NE is $296,000, with a year-over-year change of 8.2%. This indicates that home prices in Clarks, NE are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $296,000 | 8.2% |
| Single Family | $295,000 | 8.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $278,000 | 9.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Clarks, NE
Clarks, NE lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Clarks, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Clarks, NE is 76. This is a increase of 260.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $282,000 | -43.0% |
Listing Count | 3 | 267.0% |
| Listings as % of Homes | N/A | 267.0% |
Days on Market | 76 | 260.0% |
Demographics — Clarks, NE
As of the latest ACS Survey released in 2023, Clarks, NE has a population of 844, which has increased by 7.9% over the past 5 years. Clarks, NE is a moderately popular place for families, as children make up 23.3% of the population. The area has a poorly educated workforce, with 12.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 844 | 7.9% |
% Under 18 | 23.3% | 7.9% |
% Seniors | 26.1% | 59.1% |
% WFH | 10.5% | -26.6% |
% w/ College Degree | 12.1% | -22.9% |
As of the latest ACS Survey released in 2023, Clarks, NE is a predominantly white area, with 89.2% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Clarks, NE is hispanic, making up 9.6% of the population. Foreign-born residents account for 3.3% of the population in Clarks, NE, and this percentage has decreased by 26.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.2% | -0.4% |
% Black | 0.2% | ∞% |
% Hispanic | 9.6% | 3.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.3% | -26.7% |
Mortgage and Risk — Clarks, NE
According to HUD data as of 2023, there were 24 mortgage originations in Clarks, NE, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Clarks, NE. Investor activity is low, as 8.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 24 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Clarks, NE
Clarks, NE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 2.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $940 |
| 2 Bedroom | N/A | N/A | $1,140 |
| 3 Bedroom | N/A | N/A | $1,400 |
| 4 Bedroom | N/A | N/A | $1,830 |
Affordability — Clarks, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $296,000 |
| Median Household Income | $55,100 |