Is Clearwater County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Clearwater County was a Buyer's Market.
Housing Prices in Clearwater County, MN
How much do homes in Clearwater County, MN cost?
Median Sold Price
$185,000
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Clearwater County was $185,000 in May 2024, up 2.8% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $153.9K | +9.9% |
2 Bedrooms | $95K | $115K | +21.1% |
3 Bedrooms | $232.4K | $172K | -26.0% |
4 Bedrooms | $179.9K | $284.9K | +58.4% |
5+ Bedrooms | $308K | $260K | -15.6% |
Summary: Clearwater County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.9%, 2 bedroom homes increased by 21.1%, 3 bedroom homes decreased by 26%, 4 bedroom homes increased by 58.4%, and 5+ bedroom homes decreased by 15.6%.
Median Sold Price Compared To Nearby Counties
Mahnomen County | $142K | $167.5K | +18.0% |
Hubbard County | $267.8K | $312K | +16.5% |
Clearwater County | $179.9K | $185K | +2.8% |
Beltrami County | $254.7K | $259.9K | +2.0% |
Becker County | $365.2K | $339.7K | -7.0% |
Housing Supply in Clearwater County, MN
How many homes are available in Clearwater County, MN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 42 | +10.5% |
Summary: The Clearwater County real estate market had 42 homes for sale in May 2024, a 10.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 12 | +33.3% |
3 Bedrooms | 20 | 20 | 0.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Clearwater County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Clearwater County in May 2024, up by 12.5% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for Clearwater County, MN
How long does it take to sell a home in Clearwater County, MN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 122 Days | +2130.3% |
Summary: Homes in Clearwater County had an average of 122 days on market in May 2024, up by 2130.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Clearwater County; 22% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.