Clear Lake, IA

Buyer's market-39.4% YoY

Housing market overview · Updated weekly

$180,000median sale price

Homes sold

7

Last 12 weeks

Days on market

174

Average pace

Active listings

56

8.0 months supply

Sale-to-list

94.3%

Below asking

The Clear Lake housing market is currently classified as a buyer's market with a median sale price of $180,000. Prices have fallen 39.4% compared to last year, with homes spending an average of 174 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.

Market trends

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Frequently asked questions

What is the average home price in Clear Lake?

The median home sale price in Clear Lake is $180,000, down 39.4% from last year.

How long do homes stay on market in Clear Lake?

Homes typically spend 174 days on market before going under contract.

Is Clear Lake a buyer's or seller's market?

With 8.0 months of supply, Clear Lake is currently a buyer's market.

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