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Featured local agent — Clear Lake, IA
Sarah Mitchell
Compass Real Estate · Clear Lake, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Clear Lake, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$302,000median sale price
How is the Clear Lake, IA housing market right now?
The median home sale price in Clear Lake, IA is $302,000, down 12.5% year-over-year. Homes sell in an average of 43 days with 75 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Clear Lake a buyer's or seller's market?
Clear Lake, IA is currently a leaning buyer's, based on 5.8 months of supply and homes selling in about 43 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
43
Average pace
Active listings
75
5.8 months supply
Sale-to-list
97.1%
Below asking
What does the Clear Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $302,000 |
| Median list price | $360,000 |
| Year-over-year price change | -12.5% |
| Average days on market | 43 days |
| Active inventory | 75 listings |
| Months of supply | 5.8 months |
| Sale-to-list price ratio | 97.1% |
| Median price per sq ft | $127/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 23 |
| Listings with a price cut | 37.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Clear Lake by property type?
How the Clear Lake, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $301,000 | $126/sq ft | 12 | 41 days |
| Condo / Co-op | $447,500 | $267/sq ft | 1 | 65 days |
Source: Redfin · Updated monthly
The Clear Lake housing market is currently classified as a leaning buyer's with a median sale price of $302,000. Prices have fallen 12.5% compared to last year, with homes spending an average of 43 days on market, indicating 5.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.9x provides context for how home values compare to local earning capacity.
Homes for sale in Clear Lake
There are currently 75 homes listed for sale in Clear Lake, Iowa. The median listing price is $360K.
Active listings
75
Homes on market
Median list price
$360K
Avg. days on market
43
Days until sale
New this week
23
Newly listed
Who lives in Clear Lake?
Population
7,603
Median income
$70,278/yr
Median age
49.2 years
Owner-occupied
74.9%
College grads
29.7%
Avg commute
19 min
Source: U.S. Census Bureau ACS
What are homes worth in Clear Lake?
Zillow home value
$341,118
Price-to-income
4.9x
Source: Zillow Research
What is it like to live in Clear Lake?
Clear Lake is a community of approximately 8K residents with a median age of 49.2 years.The median household income is $70,278, which represents a working-class community with solid middle-income opportunities. 29.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 74.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 19 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Clear Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Clear Lake?
3 schools tracked · 1,472 students
The largest public schools serving Clear Lake, IA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Clear Creek Elementary School
Grades PK-5 · 688 students
Clear Lake High School
Grades 9-12 · 458 students
Clear Lake Middle School
Grades 6-8 · 326 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Clear Lake, IA?
Want a head-to-head view? Compare Clear Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Clear Lake?
The median home sale price in Clear Lake is $302,000, down 12.5% from last year.
How long do homes stay on market in Clear Lake?
Homes typically spend 43 days on market before going under contract.
What is the median income in Clear Lake?
The median household income is $70,278 per year.
Is Clear Lake a buyer's or seller's market?
With 5.8 months of supply, Clear Lake is currently a leaning buyer's.
What is the Zillow home value estimate for Clear Lake?
The Zillow Home Value Index (ZHVI) for Clear Lake is $341,118, representing the typical home value in the area.
What is the median condo price in Clear Lake?
The median condo/co-op sale price in Clear Lake, IA is $447,500, compared to $301,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Clear Lake?
The median single-family home price in Clear Lake, IA is $301,000 (about $126 per square foot).
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