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Featured local agent — Clearwater, MN
Sarah Mitchell
Compass Real Estate · Clearwater, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Clearwater, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$314,900median sale price
How is the Clearwater, MN housing market right now?
The median home sale price in Clearwater, MN is $314,900, down 17.6% year-over-year. Homes sell in an average of 76 days with 8 active listings. The market is currently a buyer's market. (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 Clearwater a buyer's or seller's market?
Clearwater, MN is currently a buyer's market, based on 8.0 months of supply and homes selling in about 76 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
76
Average pace
Active listings
8
8.0 months supply
Sale-to-list
100.0%
Above asking
What does the Clearwater housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $314,900 |
| Median list price | $275,000 |
| Year-over-year price change | -17.6% |
| Average days on market | 76 days |
| Active inventory | 8 listings |
| Months of supply | 8.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $191/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Listings with a price cut | 37.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Clearwater by property type?
How the Clearwater, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $314,900 | $191/sq ft | 1 | 76 days |
| Townhouse | $295,000 | $188/sq ft | 1 | 35 days |
Source: Redfin · Updated monthly
The Clearwater housing market is currently classified as a buyer's market with a median sale price of $314,900. Prices have fallen 17.6% compared to last year, with homes spending an average of 76 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.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.
Homes for sale in Clearwater
There are currently 8 homes listed for sale in Clearwater, Minnesota. The median listing price is $275K.
Active listings
8
Homes on market
Median list price
$275K
Avg. days on market
76
Days until sale
New this week
2
Newly listed
Who lives in Clearwater?
Population
1,904
Median income
$89,219/yr
Median age
30.9 years
Owner-occupied
63.6%
College grads
26.0%
Avg commute
30.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Clearwater?
Zillow home value
$284,402
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Clearwater?
Clearwater is a community of approximately 2K residents with a median age of 30.9 years.The median household income is $89,219, which reflects a relatively affluent area with strong earning potential. 26.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 63.6%, showing a blend of owner and renter-occupied properties. The average commute time is 30.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Clearwater offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Clearwater, MN?
Want a head-to-head view? Compare Clearwater side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Clearwater?
The median home sale price in Clearwater is $314,900, down 17.6% from last year.
How long do homes stay on market in Clearwater?
Homes typically spend 76 days on market before going under contract.
What is the median income in Clearwater?
The median household income is $89,219 per year.
Is Clearwater a buyer's or seller's market?
With 8.0 months of supply, Clearwater is currently a buyer's market.
What is the Zillow home value estimate for Clearwater?
The Zillow Home Value Index (ZHVI) for Clearwater is $284,402, representing the typical home value in the area.
How much does a single-family home cost in Clearwater?
The median single-family home price in Clearwater, MN is $314,900 (about $191 per square foot).
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