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Clear Lake, MN

Full City Profile · Minnesota · Benton County County

3.3 /5.0
B Good
621 Population 597/sq mi density
$105,000 Median Income $39,343 per capita
$255,800 Home Value $394,956 Zillow
$864 Median Rent 32.5% income on rent
43°F Avg Temperature 270 sunny days/yr
129 Violent Crime/100K 878 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$105,000 median income, 5.6% unemployment
A+
Affordability
5.0 / 5.0
$255,800 home value, $864/mo rent
F
Safety
1.0 / 5.0
129 violent crimes/100K
C+
Education
2.8 / 5.0
23.1% bachelor's degree or higher

Housing Overview

Median Home Value
$255,800
9% below
US avg: $281,900
Median Rent
$864/mo
26% below
US avg: $1,163/mo
Homeownership Rate
89.3%
37% above US avg (65.4%)
Total Housing Units
243
Median year built: 2000

Home Value by Source

Census Median
$255,800
Zillow (ZHVI)
$394,956
Median Sale Price
$328,200
Median List Price
$343,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.3%
Owner-Occupied
10.7%
Renter-Occupied
89%
11%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent: $864/mo

Market Indicators (Redfin)

Median Days on Market
72 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$173
Active Inventory
25
homes for sale

Affordability & Housing Stock

Rent Burden
32.5%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
2000
Average age of housing stock: 26 years
Homeownership Rate
89.3%

Complete Housing Data

Home Values

Census Median Value$255,800
Zillow Home Value (ZHVI)$394,956
Median Sale Price$328,200
Median List Price$343,900
Price Per Sq Ft$173

Rent

Census Median Rent$864
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market72
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold4
Active Inventory25
Price Per Sq Ft$173

Ownership & Stock

Owner-Occupied89.3%
Renter-Occupied10.7%
Homeownership Rate89.3%
Total Housing Units243
Median Year Built2000
Rent Burden32.5%