Clear Lake, WI 54005 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Clear Lake, WI—54005

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$294,000

7.1% YoY Growth

Household Income

$82,500

38.4% YoY Growth

Days on Market

89

45.0% Longer YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Clear Lake, WI

Clear Lake, WI lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$294,000	7.1%
Single Family	$294,000	7.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Clear Lake, WI

Clear Lake, WI lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

1.0%

1 Bedroom

19.1%

2 Bedrooms

33.8%

3 Bedrooms

32.8%

4 Bedrooms

8.3%

5+ Bedrooms

4.9%

Property Listings — Clear Lake, WI

As of Dec '25, Realtor.com reports that the median days on market for a home in Clear Lake, WI is 58. This is a increase of 8.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$290,000	-5.0%
Listing Count	12	46.0%
Listings as % of Homes	0.5%	46.0%
Days on Market	89	45.0%

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Demographics — Clear Lake, WI

As of the latest ACS Survey released in 2023, Clear Lake, WI has a population of 3,220, which has increased by 9.4% over the past 5 years. Clear Lake, WI is a popular place for families, as children make up 26.1% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,220	9.4%
% Under 18	26.1%	8.3%
% Seniors	13.4%	-14.1%
% WFH	8.8%	66.0%
% w/ College Degree	19.9%	55.5%

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As of the latest ACS Survey released in 2023, Clear Lake, WI is a predominantly white area, with 89.5% of the population identifying as white. The white population has shrunk by 8.9% in the last 5 years. The second most common race or ethnicity in Clear Lake, WI is hispanic, making up 5.6% of the population. Foreign-born residents account for 1.7% of the population in Clear Lake, WI, and this percentage has increased by 41.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	89.5%	-8.9%
% Black	0.0%	N/A
% Hispanic	5.6%	833.3%
% Asian	0.2%	100.0%
% Foreign Born	1.7%	41.7%

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Mortgage and Risk — Clear Lake, WI

According to HUD data as of 2023, there were 85 mortgage originations in Clear Lake, WI, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Clear Lake, WI. Investor activity is low, as 5.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	85
% Conventional Loans	82.0%
% Government Loans	18.0%
% Investor Loans	5.0%
% Second Loans	2.0%
% Cash Out Refinance	20.0%

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Rentals and Section 8 — Clear Lake, WI

Clear Lake, WI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	32
Total Units Section 8	32
% Rentals under Section 8	15.2%
% Occupied Section 8	92.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,200
2 Bedroom	N/A	N/A	$1,460
3 Bedroom	N/A	N/A	$1,970
4 Bedroom	N/A	N/A	$2,240

Clear Lake, WI—54005

Key Metrics at a Glance

Home Price Trends — Clear Lake, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Clear Lake, WI

% of Rental Stock

Property Listings — Clear Lake, WI

Demographics — Clear Lake, WI

Race and Ethnicity

Mortgage and Risk — Clear Lake, WI

Mortgages

Rentals and Section 8 — Clear Lake, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Clear Lake, WI

Home Price to Income Ratio

Clear Lake, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Deer Park, WI

Glenwood City, WI

Boyceville, WI

Prairie Farm, WI

Boyceville, WI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$294,000
Median Household Income	$82,500

Clear Lake, WI—54005

Key Metrics at a Glance

Home Price Trends — Clear Lake, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Clear Lake, WI

% of Rental Stock

Property Listings — Clear Lake, WI

Demographics — Clear Lake, WI

Race and Ethnicity

Mortgage and Risk — Clear Lake, WI

Mortgages

Rentals and Section 8 — Clear Lake, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Clear Lake, WI

Home Price to Income Ratio

Clear Lake, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Deer Park, WI

Glenwood City, WI

Boyceville, WI

Prairie Farm, WI

Boyceville, WI

Frequently Asked Questions

What is the average home price in Clear Lake, WI 54005?

How have home prices in Clear Lake, WI 54005 changed over the past year?

What is the home price projection for Clear Lake, WI 54005?

What are the demographics of Clear Lake, WI 54005?

How long does it take homes to sell in Clear Lake, WI 54005?

What is the average rent price in Clear Lake, WI 54005?