Is Clear Lake, WI 54005 a buyer’s or seller’s market?
Clear Lake is a balanced market. With about 5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Clear Lake housing market right now
In the three months ending August 31, 2026, 29% of homes in Clear Lake, WI 54005 sold above their list price, the typical home went under contract in 46 days and there were 5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (30% then), homes sold faster (70 days then) and the median sale price fell 38% to $215,907. Overall, Clear Lake is more competitive than a year ago, so tougher for buyers.
Within Polk County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell more often over asking than in 62%.
Nearby, buyers who want less competition could look at Comstock 54826 (0% sold over asking) or Cushing 54006 (0% sold over asking), while Dresser 54009 (44% sold over asking) and Centuria 54824 (40% sold over asking) are even more competitive.
Run the numbers for 54005
Nearby markets
Amery 54001Seller’s market $200 /sq ftBalsam Lake 54810Seller’s market $263 /sq ftCenturia 54824Seller’s market $266 /sq ftComstock 54826Seller’s market $348 /sq ft Browse all markets →Towns like Clear Lake nearby
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Questions about Clear Lake real estate
Is Clear Lake a buyer’s or seller’s market?
A balanced market: there were 5 months of supply in Clear Lake, WI 54005 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Clear Lake?
The typical home went under contract in 46 days in the latest three months.
Do homes in Clear Lake sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 94.0% of the list price.
What are property taxes in Clear Lake?
About 1.13% of a home’s value a year in Polk County, or roughly $4,520 on a $400,000 home.
What is the median home price in Clear Lake?
The median sale price was $215,907 in the three months ending August 31, 2026, about $206 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology