Housing in Clear Lake, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$342,950

Median List Price

N/A

Price Per Sq Ft

$221

Days on Market

85

Active Inventory

26

Months of Supply

4.3

Balanced market

Zillow Home Value

$391,505

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 6.4%List Price 8.1%Mar 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

100.4%

Seller's market

Sold Above Asking
50.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

6

Pending Sales

2

Homes Sold 50.0%New Listings 37.5%Pending 33.3%Mar 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$221

Sale $/SF 11.6%List $/SF 10.8%Mar 24Dec 25

Clear Lake vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Clear Lake is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$255,800

Median Rent

$864

Total Housing Units

214

Vacancy Rate

0.0%

Owner Occupied

89.3%

Renter Occupied

10.8%

Median Property Tax

$2,655

per year

Monthly Cost (w/ Mortgage)

$1,590

Housing Types

Single Family
89.3%
Multi-Family
10.8%
Mobile Home
0.0%

The current median sale price in Clear Lake, MN is $342,950 according to Redfin data. Homes spend a median of 85 days on the market. 50.0% of homes sold above asking price. The market has 4.3 months of supply. The median price per square foot is $221. The median rent is $864 per month (Census ACS). About 89.3% of housing units are owner-occupied. The median year homes were built is 2000. There are 214 total housing units.