Clearwater, MN 55320 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Clearwater, MN—55320

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$363,000

3.4% YoY Growth

Household Income

$109,000

39.0% YoY Growth

Days on Market

29.0% Shorter YoY

Home Price Forecast

0.1%

Median Rent

$1,120

37.4% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Clearwater, MN

As of Dec '25, the median home price in Clearwater, MN is $363,000, with a year-over-year change of 3.4%. This indicates that home prices in Clearwater, MN are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$363,000	3.4%
Single Family	$363,000	3.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Clearwater, MN

As of July '25, Rentcast reports the average rent in Clearwater, MN is $1,120, with a year-over-year rent change of -37.4%. Per bedroom, the median rent as of July '25 in Clearwater, MN is studios: $1,120. The most common rental property sizes in Clearwater, MN are 2-bedroom and 1-bedroom, accounting for 52.4% and 18.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,120	$1,120
Studio Rent	$1,120	$1,120
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

2.4%

1 Bedroom

18.3%

2 Bedrooms

52.4%

3 Bedrooms

9.6%

4 Bedrooms

15.3%

5+ Bedrooms

2.1%

Property Listings — Clearwater, MN

As of Dec '25, Realtor.com reports that the median days on market for a home in Clearwater, MN is 55. This is a decrease of -18.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$465,000	12.0%
Listing Count	14	21.0%
Listings as % of Homes	0.5%	21.0%
Days on Market	62	-29.0%

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Demographics — Clearwater, MN

As of the latest ACS Survey released in 2023, Clearwater, MN has a population of 5,680, which has increased by 9.8% over the past 5 years. Clearwater, MN is a moderately popular place for families, as children make up 24.1% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,680	9.8%
% Under 18	24.1%	-0.8%
% Seniors	14.4%	11.6%
% WFH	11.5%	57.5%
% w/ College Degree	27.7%	23.7%

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As of the latest ACS Survey released in 2023, Clearwater, MN is a predominantly white area, with 94.8% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Clearwater, MN is hispanic, making up 0.9% of the population. Foreign-born residents account for 1.3% of the population in Clearwater, MN, and this percentage has decreased by 50.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	94.8%	-0.1%
% Black	0.1%	-80.0%
% Hispanic	0.9%	-67.9%
% Asian	0.6%	-25.0%
% Foreign Born	1.3%	-50.0%

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Mortgage and Risk — Clearwater, MN

According to HUD data as of 2023, there were 137 mortgage originations in Clearwater, MN, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Clearwater, MN. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	137
% Conventional Loans	85.0%
% Government Loans	15.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Clearwater, MN

Clearwater, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	8
Total Units Section 8	8
% Rentals under Section 8	1.8%
% Occupied Section 8	N/A

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

Clearwater, MN—55320

Key Metrics at a Glance

Home Price Trends — Clearwater, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Clearwater, MN

% of Rental Stock

Property Listings — Clearwater, MN

Demographics — Clearwater, MN

Race and Ethnicity

Mortgage and Risk — Clearwater, MN

Mortgages

Rentals and Section 8 — Clearwater, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Clearwater, MN

Home Price to Income Ratio

Clearwater, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Saint Cloud, MN

South Haven, MN

Annandale, MN

Clear Lake, MN

Maple Lake, MN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$363,000
Median Household Income	$109,000

Clearwater, MN—55320

Key Metrics at a Glance

Home Price Trends — Clearwater, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Clearwater, MN

% of Rental Stock

Property Listings — Clearwater, MN

Demographics — Clearwater, MN

Race and Ethnicity

Mortgage and Risk — Clearwater, MN

Mortgages

Rentals and Section 8 — Clearwater, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Clearwater, MN

Home Price to Income Ratio

Clearwater, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Saint Cloud, MN

South Haven, MN

Annandale, MN

Clear Lake, MN

Maple Lake, MN

Frequently Asked Questions

What is the average home price in Clearwater, MN 55320?

How have home prices in Clearwater, MN 55320 changed over the past year?

What is the home price projection for Clearwater, MN 55320?

What are the demographics of Clearwater, MN 55320?

How long does it take homes to sell in Clearwater, MN 55320?

What is the average rent price in Clearwater, MN 55320?