Clarke County, Iowa Housing Market Prices
Clarke County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 20% above the Iowa median$184,593
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Median rent 4% below the Iowa median More expensive than 86% of counties in Iowa$931
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Clarke County | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $184,593 | $153,425 | $248,835 |
| Price Trend (Annual %) | 30.2% | 7.5% | 7.5% |
| Median Gross Rent | $931 | $971 | $1,407 |
| Rent Trend (Annual %) | 4.4% | 3.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Clarke County is about 20% higher than in Iowa. Rent is about 4% lower than the Iowa average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Clarke County, up about 30.2% and 4.4% a year respectively. Home prices are changing faster.
Median rent in Clarke County rose about 37.3% between 2015 and 2024, from $678 to $931. Over the same span, rent in Iowa rose about 39.6%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Clarke County.
Buying the median-priced home in Clarke County costs roughly 16.5 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Clarke County. The price-to-rent ratio in Iowa is about 13.2.
| Metric | Clarke County | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $184,593 | $153,425 | $248,835 |
| Median Household Income | $71,996 | $75,133 | $80,455 |
| Price-to-Income Ratio | 2.6 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Clarke County rose about 186.4%, while median household income rose about 45.4% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Clarke County | Iowa Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.1% | 65.6% | 58.5% |
| Rental Rate | 24.9% | 25.9% | 31.2% |
| Vacancy Rate | 10.0% | 8.5% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Clarke County has a homeownership rate of 65.1%, lower than the Iowa average of 65.6%. Its housing vacancy rate is 10.0%, compared with 8.5% in Iowa.
Housing Stock
| Metric | Clarke County | Iowa Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.34 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1975 | 1971 | 1978 |
| Median Number of Rooms | 5.6 | 5.9 | 5.5 |
The typical housing unit in Clarke County was built around 1975. On average, 2.3 people live in a home with about 5.6 rooms, staying for about 16.0 years on average.
Clarke County, IA Housing Compared With Nearby Counties
How Clarke County, IA compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Clarke County, IA | 9,662 | $184,593 #2/3 | $931 #2/3 | 72.3% #2/3 |
| Warren County, IA | 54,398 | $310,000 | $972 | 82.3% |
| Union County, IA | 11,993 | $73,333 | $721 | 72.1% |
Frequently Asked Questions
Common questions about the housing market in Clarke County, Iowa.
What is the median home price in Clarke County, Iowa?
The median home price in Clarke County, Iowa is $184,593, higher than the Iowa average of $153,425.
What is the average home price in Clarke County, Iowa?
The typical home price in Clarke County, Iowa, reported as the median sale price, is $184,593. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Clarke County, Iowa?
The median gross rent in Clarke County, Iowa is $931 per month, lower than the Iowa average of $971.
What was the median gross rent in Clarke County in 2020?
In 2020, the median gross rent in Clarke County, Iowa was $601 per month.
What is the price-to-rent ratio in Clarke County, Iowa?
The price-to-rent ratio in Clarke County, Iowa is about 16.5, meaning it would take roughly 16.5 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Clarke County.
Are home prices or rent rising faster in Clarke County, Iowa?
Both home prices and rent are rising in Clarke County, up about 30.2% and 4.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Clarke County, Iowa?
65.1% of households in Clarke County, Iowa own their home, lower than the Iowa average of 65.6%.
What is the vacancy rate in Clarke County, Iowa?
The housing vacancy rate in Clarke County, Iowa is 10.0%, higher than the Iowa average of 8.5%.
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