Clearwater County, Minnesota Housing Market
In Clearwater County, Minnesota, the median home value is $192,100, with a median monthly rent of $742. This places Clearwater County at #1495 nationally out of 3134 counties by median home value, and #58 within Minnesota.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,140
- Establishments: 208
- BLS QCEW, 2025
Migration Patterns
- Inflow: 3,339 (avg $71,271)
- Outflow: 3,186 (avg $71,989)
- IRS Statistics of Income
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| Metric | Clearwater County | Minnesota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $192,100 | $238,335 | $227,706 |
| Median Gross Rent | $742 | $938 | $968 |
| Owner Occupancy Rate | 80.1% | 77.9% | 73.3% |
| Price/Rent Ratio | 21.6 | 21.1 | 18.7 |
Market Analysis
The median home value in Clearwater County is 19.4% below the Minnesota state average and 15.6% below the U.S. national average. The median rent of $742/month is 20.9% below the state average.
With a price-to-rent ratio of 21.6, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Clearwater County has an owner-occupancy rate of 80.1%, compared to 77.9% in Minnesota and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Powder River County | Montana | $192,100 | $533 |
| Caldwell County | North Carolina | $192,200 | $744 |
| Allen County | Kentucky | $192,300 | $844 |
| Clinton County | Illinois | $192,400 | $912 |
| San Patricio County | Texas | $192,400 | $1,291 |
Other Counties in Minnesota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Brown County | $191,200 | $890 | 78.9% |
| Grant County | $191,000 | $797 | 79.2% |
| Pennington County | $195,500 | $862 | 72.2% |
| Nobles County | $197,200 | $896 | 74.2% |
| Murray County | $185,400 | $810 | 82.2% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).