Clear Lake, MN Foreclosures
How much do homes sell for in Clear Lake, MN?
The average home price is currently $426,657.
In Clear Lake, MN, how many homes are available?
There are currently 1 active home listings available in Clear Lake.
What’s the average rental cost in Clear Lake, MN?
The average rental price in Clear Lake is $1,607.
What is the most expensive home in Clear Lake?
The most expensive home sold in Clear Lake had a price of $15,226,500.
What is currently the cheapest priced home in Clear Lake, MN?
The cheapest home for sale in Clear Lake is priced at $21,857.
Living in Clear Lake, MN
Clear Lake, MN is a charming small town with a strong sense of community and a beautiful lakefront. It's an ideal location for outdoor enthusiasts and families looking for a peaceful lifestyle without sacrificing access to amenities. Enjoy local shops, well-regarded schools, and a friendly atmosphere.
Current Market Conditions in Clear Lake, MN
The real estate market in Clear Lake is currently favorable for both buyers and sellers. The demand for housing has shown a steady increase over the past few months, driven by an influx of individuals seeking a more laid-back lifestyle away from the hustle and bustle of city life. This trend has led to a variety of homes being sold quickly, especially those located near the lake, as people prioritize proximity to recreational activities and scenic views.
With the growing interest in the area, property values are expected to rise, making it a strategic time for investment. Buyers should be prepared for competitive bidding, especially for well-maintained properties. However, there continues to be a healthy supply of homes at various price points, which provides options for first-time home buyers as well as seasoned investors.
Home Value Estimator For Clear Lake, MN
There are currently 2,563 real estate properties
in Clear Lake, MN,
with a median automated valuation model (AVM) price
of $398,264.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Clear Lake, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Clear Lake, MN,
is $426,657.00, with the most expensive house
in Clear Lake, MN, topping out
at $15,226,500.00 and the cheapest home
in Clear Lake, MN,
clocking in at $21,857.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Clear Lake, MN!
Rent Prices
In Clear Lake, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Clear Lake, MN, is on
a rollercoaster ride. The
average rent price in Clear Lake, MN,
is $1,607.00. Indeed, when looking to rent in
Clear Lake, MN, you can expect to pay as little
as $500.00 or as much
as $3,000.00,
with the average rent median estimated to
be $1,520.00. The good news is that finding
an affordable and desirable property to rent in Clear Lake, MN
-- 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.
Learn more on Foreclosure homes
