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Clear Lake, IA

Full City Profile · Iowa · Cerro Gordo County County

3.4 /5.0
B Good
7,603 Population 705/sq mi density
$70,278 Median Income $55,365 per capita
$235,100 Home Value $318,177 Zillow
$755 Median Rent 24.6% income on rent
46°F Avg Temperature 260 sunny days/yr
410 Violent Crime/100K 1,747 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$70,278 median income, 1.3% unemployment
A+
Affordability
4.8 / 5.0
$235,100 home value, $755/mo rent
F
Safety
1.0 / 5.0
410 violent crimes/100K (8% above avg)
B
Education
3.4 / 5.0
29.7% bachelor's degree or higher

Housing Overview

Median Home Value
$235,100
17% below
US avg: $281,900
Median Rent
$755/mo
35% below
US avg: $1,163/mo
Homeownership Rate
74.9%
15% above US avg (65.4%)
Total Housing Units
4,373
Median year built: 1972

Home Value by Source

Census Median
$235,100
Zillow (ZHVI)
$318,177
Median Sale Price
$180,000
Median List Price
$370,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

74.9%
Owner-Occupied
25.1%
Renter-Occupied
75%
25%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent: $755/mo

Market Indicators (Redfin)

Median Days on Market
174 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
7
Price Drops
10.7%
of listings with price reduction
Price Per Sq Ft
$143
Active Inventory
56
homes for sale

Affordability & Housing Stock

Rent Burden
24.6%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
74.9%

Complete Housing Data

Home Values

Census Median Value$235,100
Zillow Home Value (ZHVI)$318,177
Median Sale Price$180,000
Median List Price$370,000
Price Per Sq Ft$143

Rent

Census Median Rent$755
FMR Studio$738
FMR 1-Bedroom$788
FMR 2-Bedroom$989
FMR 3-Bedroom$1,282
FMR 4-Bedroom$1,420

Market

Days on Market174
Sale-to-List Ratio0.9%
Price Drops10.7%
Homes Sold7
Active Inventory56
Price Per Sq Ft$143

Ownership & Stock

Owner-Occupied74.9%
Renter-Occupied25.1%
Homeownership Rate74.9%
Total Housing Units4,373
Median Year Built1972
Rent Burden24.6%