Foreclosure Homes in Clear Lake, IA 50428

Current Market Conditions in Clear Lake, IA

Clear Lake's real estate market has experienced steady growth over the past year, with an increase in property values as demand rises for lakefront and single-family homes. The community's appeal as a recreational hub has attracted new buyers looking for vacation properties and permanent residences alike. The market remains competitive, but the relatively low inventory means that well-priced homes are selling quickly and often above asking price.

Rent Prices In Clear Lake, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Clear Lake, IA, is on a rollercoaster ride. The average rent price in Clear Lake, IA, is $1,459.00. Indeed, when looking to rent in Clear Lake, IA, you can expect to pay as little as $740.00 or as much as $1,990.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Clear Lake, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.