Clear Lake, IA Housing Market & Real Estate

Buyer's market-39.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Clear Lake, IA is $180,000, down 39.4% year-over-year. Homes sell in an average of 174 days with 56 active listings. The market is currently a buyer's market.

$180,000median sale price

Is Clear Lake a buyer's or seller's market?

Buyer's market8.0 months of supply174 avg. days on market

Clear Lake, IA is currently a buyer's market, based on 8.0 months of supply and homes selling in about 174 days. How we determine this →

Homes sold

7

Last 12 weeks

Days on market

174

Average pace

Active listings

56

8.0 months supply

Sale-to-list

94.3%

Below asking

Clear Lake, IA market data

Current housing market statistics for Clear Lake, IA
MetricValue
Median sale price$180,000
Median list price$370,000
Year-over-year price change-39.4%
Average days on market174 days
Active inventory56 listings
Months of supply8.0 months
Sale-to-list price ratio94.3%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Clear Lake housing market is currently classified as a buyer's market with a median sale price of $180,000. Prices have fallen 39.4% compared to last year, with homes spending an average of 174 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Clear Lake

There are currently 56 homes listed for sale in Clear Lake, Iowa. The median listing price is $370K.

Active listings

56

Homes on market

Median list price

$370K

Avg. days on market

174

Days until sale

New this week

15

Newly listed

Price drops:10.7%of listings
Sale-to-list:94.3%

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Frequently asked questions

What is the average home price in Clear Lake?

The median home sale price in Clear Lake is $180,000, down 39.4% from last year.

How long do homes stay on market in Clear Lake?

Homes typically spend 174 days on market before going under contract.

Is Clear Lake a buyer's or seller's market?

With 8.0 months of supply, Clear Lake is currently a buyer's market.

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