Is Clearwater, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Clearwater was a Buyer's Market.
Housing Prices in Clearwater, MN
How much do homes in Clearwater, MN cost?
Median Sold Price
$325,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Clearwater was $325,000 in April 2024, up 9.4% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $275K | $320K | +16.4% |
3 Bedrooms | $280K | $322.5K | +15.2% |
4 Bedrooms | $308K | $355K | +15.3% |
5+ Bedrooms | $852K | $315K | -63.0% |
Summary: Clearwater housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes decreased by 63%.
Median Sold Price Compared To Nearby Cities
Clearwater Township | $298.5K | $327.9K | +9.9% |
Clearwater | $297K | $325K | +9.4% |
Clearwater | $308K | $331.2K | +7.5% |
Clear Lake Township | $379.5K | $376.5K | -0.8% |
Housing Supply in Clearwater, MN
How many homes are available in Clearwater, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 22 | +10.0% |
Summary: The Clearwater real estate market had 22 homes for sale in April 2024, a 10.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Clearwater housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 5 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Clearwater in April 2024, up by 100.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Clearwater, MN
How long does it take to sell a home in Clearwater, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 51 Days | +186.7% |
Summary: Homes in Clearwater had an average of 51 days on market in Apr 2024, up by 186.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Clearwater; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.