The housing market in Clearbrook, MN is quite strong compared to the national median. The median value of a house in Clearbrook is $179,500, while the US House Median Value is $338,100. This shows that houses in Clearbrook are more affordable than the national median. Additionally, the one-year appreciation rate for houses in Clearbrook was 15.27%, which is significantly higher than the 8.27% national average for house appreciation over one year. This indicates that homes in Clearbrook have been increasing in value at a fast pace and suggests that this market may be attractive to potential home buyers who are looking for an area with high appreciation values.
The median home cost in Clearbrook is $179,500. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Clearbrook is up 19.7%.
Average Age of Homes
- The median age of Clearbrook real estate is 50 years old
The Rental Market in Clearbrook
- Renters make up 36.0% of the Clearbrook population
- 4.7% of houses and apartments in Clearbrook, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.