Commercial Real Estate Market in Clear Lake, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
13 active listings and 72 off-market properties in Clear Lake, MN.
Market Trends
Clear Lake, MN spans 71.3 square miles in Sherburne County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Clear Lake, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Clear Lake, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Clear Lake, MN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Clear Lake, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Clear Lake, MN has 5,415 residents in 2,144 households. Density runs 76 people per square mile. Median household income here is $111,343 and median gross rent $950 a month.
5,415
Population
2,144
Households
2.5
Avg Household Size
43
Median Age
31%
College-Educated
96%
High-School Grad
71.3 sq mi
ZIP Area
76
Density / Sq Mi
$111,343
Median Household Income
$58,663
Median Earnings
$950
Median Rent
$349,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Clearwater | — | — |
| Saint Augusta | — | — |
| Becker | — | — |
| Silver Creek | — | — |
Frequently Asked Questions
Where does Realmo's Clear Lake market data come from?
Realmo compiles Clear Lake, MN figures from 3 recent recorded sales, 13 active sale listings, 72 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 0 active for-lease listings in Clear Lake, MN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
