Clearbrook, MN56634

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$245,000
9.0% YoY Growth
Median Household Income
$72,500
55.4% 5-Year Growth
Days on Market
28
33.0% Shorter than last year
Home Price Forecast
N/A
Median 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

Property Listings — Clearbrook, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Clearbrook, MN is 28. This is a decrease of -33.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$162,0002.0%
Listing Count
631.0%
Listings as % of Homes0.3%31.0%
Days on Market
28-33.0%
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Demographics — Clearbrook, MN

As of the latest ACS Survey released in 2023, Clearbrook, MN has a population of 1,790, which has increased by 25.5% over the past 5 years. Clearbrook, MN is a popular place for families, as children make up 29.4% of the population. The area has a poorly educated workforce, with 21.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,79025.5%
% Under 18
29.4%42.7%
% Seniors
16.9%-29.0%
% WFH
11.6%90.2%
% w/ College Degree
21.2%-4.5%
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As of the latest ACS Survey released in 2023, Clearbrook, MN is a predominantly white area, with 90.1% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Clearbrook, MN is asian, making up 0.5% of the population. Foreign-born residents account for 0.6% of the population in Clearbrook, MN, and this percentage has decreased by 62.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
90.1%-3.7%
% Black
0.0%N/A
% Hispanic
0.0%-100.0%
% Asian
0.5%-37.5%
% Foreign Born
0.6%-62.5%
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Mortgage and Risk — Clearbrook, MN

According to HUD data as of 2023, there were 46 mortgage originations in Clearbrook, MN, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Clearbrook, MN. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
46
% Conventional Loans
87.0%
% Government Loans
13.0%
% Investor Loans
4.0%
% Second Loans
7.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Clearbrook, MN

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

Section 8 Market Size

Total Units under HUD
34
Total Units Section 8
34
% Rentals under Section 8
22.8%
% Occupied Section 8
69.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$710
2 BedroomN/AN/A$930
3 BedroomN/AN/A$1,180
4 BedroomN/AN/A$1,580

Affordability — Clearbrook, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.8
Median Home Price$245,000
Median Household Income$72,500

Clearbrook, MN — ZIP Code Boundary Map

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Frequently Asked Questions