Clear Lake, WI—54005
Real Estate Data & Market Trends
Key Metrics at a Glance
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 | 6.6% |
| Single Family | $295,000 | 7.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $289,000 | 3.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Clear Lake, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Clear Lake, WI is 44. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $257,000 | 8.0% |
Listing Count | 12 | 3.0% |
| Listings as % of Homes | 0.5% | 3.0% |
Days on Market | 44 | -5.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Clear Lake, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $294,000 |
| Median Household Income | $82,500 |