in Clear Lake, MN • 2026 Buying Guide
Best Month
September
$243K
Avoid
January
$281K
Potential Savings
$38K
13.6% difference
Market Type
Balanced
3.7 mo. supply
Present investment properties with numbers: current rent roll, expense history, cap rate, and potential upside. Investors care about cash flow and appreciation potential, not emotional appeal.
Median Sale Price
$343K
N/A YoY
Days on Market
85
median days
Inventory
22
active listings
Sale-to-List Ratio
100.4%
selling above ask
Jan
$281K
PeakFeb
$253K
Mar
$246K
Apr
$198K
May
$229K
Jun
$207K
Jul
$222K
Aug
$249K
Sep
$243K
BestOct
$244K
Nov
$256K
Dec
$255K
Based on historical sales data in Clear Lake
Investment property timing is about numbers, not emotions. Off-season purchases (fall/winter) often yield better cap rates because you're competing against fewer primary residence buyers. However, also consider tenant move-in timing - summer moves are easier for families.
Pro Tip: With Clear Lake's median price at $343K, a 20% down payment would be approximately $69K. Get pre-approved early to know exactly what you can afford.
Based on our analysis of Clear Lake's housing market, September is typically the best time to buy a investment property. During this month, prices average around $243K, which is 13.6% lower than peak prices in January. Investment property timing is about numbers, not emotions. Off-season purchases (fall/winter) often yield better cap rates because you're competing against fewer primary residence buyers. However, also consider tenant move-in timing - summer moves are easier for families.
The current median home price in Clear Lake is $343K. Investment Property prices vary based on location, size, and condition. Year-over-year, prices have changed N/A. Investment property returns come from both cash flow and appreciation. In high-growth markets, prioritize appreciation; in stable markets, focus on cash flow. The best investments often offer both.
Clear Lake has a balanced market. This means you have reasonable options without extreme competition. Take time to find the right investment property but be prepared to move when you find it.
Key considerations for buying a investment property in Clear Lake include: Calculate cap rate, cash-on-cash return, and cash flow; Factor in realistic vacancy rates (typically 5-8%); Budget for property management (10% of rent) even if self-managing. Also watch for red flags like Seller won't provide actual expense records and Deferred maintenance that will need immediate attention.
Homes in Clear Lake currently spend an average of 85 days on market. This suggests a slower market where you have more time to negotiate.
Investment properties require 15-25% down typically Interest rates are 0.5-1% higher than primary residence With Clear Lake's median price of $343K, you'll want to get pre-approved early to understand your budget.
Looking for the best time to buy a investment property in Clear Lake? Our analysis shows that September typically offers the best prices, with homes averaging around $243K. Buying during this time could save you up to $38K compared to peak months like January.
With a median price of $343K and homes spending an average of 85 days on market, Clear Lake is currently a balanced market. There's currently 3.7 months of inventory available.
Investment property returns come from both cash flow and appreciation. In high-growth markets, prioritize appreciation; in stable markets, focus on cash flow. The best investments often offer both.
Working with a local real estate agent who knows Clear Lake can help you understand neighborhood dynamics, identify the best opportunities, and negotiate effectively in this market.
Connect with local agents who specialize in investment properties.