Is Clearwater County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Clearwater County was a Seller's Market.
Key Takeaway
Clearwater County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Clearwater County, MN
How much do homes in Clearwater County, MN cost?
Median Sold Price
$172,000
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Clearwater County have sold for 10% less than they did a year ago.
Summary: The median home sold price in Clearwater County was $172,000 in March 2024, down 10% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112.2K | $153.9K | +37.1% |
| 2 Bedrooms | $123.9K | $115K | -7.2% |
| 3 Bedrooms | $217.2K | $180K | -17.1% |
| 4 Bedrooms | $179.9K | $278.9K | +55.1% |
| 5+ Bedrooms | $308K | $260K | -15.6% |
Summary: Clearwater County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.1%, 2 bedroom homes decreased by 7.2%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes increased by 55.1%, and 5+ bedroom homes decreased by 15.6%.
Median Sold Price Compared To Nearby Counties
| Hubbard County | $265K | $320K | +20.8% |
| Beltrami County | $255.2K | $256.6K | 0.5% |
| Clearwater County | $191.2K | $172K | -10.0% |
| Becker County | $356.4K | $315.5K | -11.5% |
Housing Supply in Clearwater County, MN
How many homes are available in Clearwater County, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 29 | 36 | +24.1% |
Summary: The Clearwater County real estate market had 36 homes for sale in March 2024, a 24.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 9 | 15 | +66.7% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Clearwater County housing inventory by bedroom type for March 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 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clearwater County, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Clearwater County in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 125 Days | 76 Days | -38.9% |
Summary: Homes in Clearwater County had an average of 76 days on market in Mar 2024, down by 38.9% 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
Key Takeaway
Many homes in Clearwater County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Clearwater County; 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.
