Foreclosures in Clear Lake, IA

Current Market Conditions in Clear Lake, IA

The real estate market in Clear Lake has shown signs of stability with moderate price growth over the past year. As more people seek suburban lifestyles post-pandemic, homes are in demand, particularly those near the lake and parks.

Current market conditions reflect a competitive environment, with a relatively low inventory of homes for sale. This situation continues to push prices up, making it a favorable market for sellers, while buyers often need to act quickly to secure properties.

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 $1,458.00. 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 $1,420.00. 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.