Is Clear Lake, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clear Lake is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Clear Lake has remained a Seller's Market.

Key Takeaway

Clear Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Clear Lake, WA

How much do homes in Clear Lake, WA cost?

Median Sold Price

$569,500

$371/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$60,500(-9.6%)

Key Takeaway

Homes in Clear Lake have sold for 9.6% less than they did a year ago.

Summary: The median home sold price in Clear Lake was $569,500 in October 2024, down 9.6% from last year, and the median price per square foot was $371.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$450K
N/A
2 $575K$521K
-9.4%
3 $652.5K$680K
+4.2%
4 $817.5K$589K
-28.0%
5+ --
N/A

Summary: Clear Lake housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.4%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 28%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Upper Samish River
+26.9%
Lyman-Hamilton
+12.0%
Lake Cavanaugh
+6.1%
Clear Lake
-9.6%

Housing Supply in Clear Lake, WA

How many homes are available in Clear Lake, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
86-25.0%

Summary: The Clear Lake real estate market had 6 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 52
-60.0%
3 23
+50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Clear Lake housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 60%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clear Lake, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Clear Lake in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Clear Lake, WA

How long does it take to sell a home in Clear Lake, WA?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Clear Lake has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Clear Lake; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Clear Lake, WA

Nearby Markets to Clear Lake, WA

What housing markets are near Clear Lake, WA?