Is Clear Lake, SD 57226 a buyer’s or seller’s market?
Clear Lake is a seller’s market. With about 2.7 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Clear Lake housing market right now
In the three months ending August 31, 2026, 0% of homes in Clear Lake, SD 57226 sold above their list price, the typical home went under contract in 85 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 (0% then), homes sold more slowly (40 days then) and the median sale price fell 12% to $184,920. Overall, Clear Lake is less competitive than a year ago, which gives buyers more room.
Within Deuel County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Run the numbers for 57226
Nearby markets
Astoria 57213 $183 /sq ftBrandt 57218Buyer’s market $121 /sq ftEstelline 57234Seller’s market $373 /sq ftGary 57237Buyer’s market $412 /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 seller’s market: there were 2.7 months of supply in Clear Lake, SD 57226 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 85 days in the latest three months.
Do homes in Clear Lake sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.
What are property taxes in Clear Lake?
About 0.82% of a home’s value a year in Deuel County, or roughly $3,280 on a $400,000 home.
What is the median home price in Clear Lake?
The median sale price was $184,920 in the three months ending August 31, 2026, about $102 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