Clear Lake, SD 57226 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Clear Lake, SD—57226

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$251,000

7.9% YoY Growth

Household Income

$71,200

22.0% YoY Growth

Days on Market

100

7.0% 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, SD

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

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$251,000	7.9%
Single Family	$251,000	9.1%
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, SD

Clear Lake, SD 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

10.2%

1 Bedroom

33.9%

2 Bedrooms

23.7%

3 Bedrooms

19.8%

4 Bedrooms

10.7%

5+ Bedrooms

1.7%

Property Listings — Clear Lake, SD

As of Dec '25, Realtor.com reports that the median days on market for a home in Clear Lake, SD is 70. This is a increase of 27.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$312,000	2.0%
Listing Count	10	105.0%
Listings as % of Homes	0.9%	105.0%
Days on Market	100	7.0%

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Demographics — Clear Lake, SD

As of the latest ACS Survey released in 2023, Clear Lake, SD has a population of 1,830, which has decreased by -3.5% over the past 5 years. Clear Lake, SD is a moderately popular place for families, as children make up 22.2% of the population. The area has a moderately educated workforce, with 26.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,830	-3.5%
% Under 18	22.2%	11.6%
% Seniors	24.8%	15.3%
% WFH	6.1%	-47.0%
% w/ College Degree	26.3%	34.9%

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As of the latest ACS Survey released in 2023, Clear Lake, SD is a predominantly white area, with 93.3% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Clear Lake, SD is hispanic, making up 2.7% of the population. Foreign-born residents account for 1.0% of the population in Clear Lake, SD, and this percentage has decreased by 76.7% 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	93.3%	-1.0%
% Black	0.2%	∞%
% Hispanic	2.7%	-49.1%
% Asian	0.4%	∞%
% Foreign Born	1.0%	-76.7%

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Mortgage and Risk — Clear Lake, SD

According to HUD data as of 2023, there were 18 mortgage originations in Clear Lake, SD, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 56.0% above 90% LTV (very high). This implies large mortgage risk in Clear Lake, SD. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	18
% Conventional Loans	50.0%
% Government Loans	50.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	0.0%

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Rentals and Section 8 — Clear Lake, SD

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

Section 8 Market Size

Total Units under HUD	23
Total Units Section 8	22
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$660
2 Bedroom	N/A	N/A	$870
3 Bedroom	N/A	N/A	$1,220
4 Bedroom	N/A	N/A	$1,350

Clear Lake, SD—57226

Key Metrics at a Glance

Home Price Trends — Clear Lake, SD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Clear Lake, SD

% of Rental Stock

Property Listings — Clear Lake, SD

Demographics — Clear Lake, SD

Race and Ethnicity

Mortgage and Risk — Clear Lake, SD

Mortgages

Rentals and Section 8 — Clear Lake, SD

Section 8 Market Size

Section 8 Opportunity

Affordability — Clear Lake, SD

Home Price to Income Ratio

Clear Lake, SD — ZIP Code Boundary Map

Nearby ZIP Codes

Goodwin, SD

Toronto, SD

Kranzburg

Estelline, SD

Astoria, SD

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.5
Median Home Price	$251,000
Median Household Income	$71,200

Clear Lake, SD—57226

Key Metrics at a Glance

Home Price Trends — Clear Lake, SD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Clear Lake, SD

% of Rental Stock

Property Listings — Clear Lake, SD

Demographics — Clear Lake, SD

Race and Ethnicity

Mortgage and Risk — Clear Lake, SD

Mortgages

Rentals and Section 8 — Clear Lake, SD

Section 8 Market Size

Section 8 Opportunity

Affordability — Clear Lake, SD

Home Price to Income Ratio

Clear Lake, SD — ZIP Code Boundary Map

Nearby ZIP Codes

Goodwin, SD

Toronto, SD

Kranzburg

Estelline, SD

Astoria, SD

Frequently Asked Questions

What is the average home price in Clear Lake, SD 57226?

How have home prices in Clear Lake, SD 57226 changed over the past year?

What is the home price projection for Clear Lake, SD 57226?

What are the demographics of Clear Lake, SD 57226?

How long does it take homes to sell in Clear Lake, SD 57226?

What is the average rent price in Clear Lake, SD 57226?