Median real estate price in the City Center of Clear Lake is $204,150, which is more expensive than 90.7% of the neighborhoods in Iowa and 54.3% of the neighborhoods in the U.S.
The average rental price in Clear Lake City Center is currently $579, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.9% of Iowa neighborhoods.
Clear Lake City Center is a suburban neighborhood (based on population density) located in Clear Lake, Iowa.
Real estate in the City Center of Clear Lake, IA is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Clear Lake City Center. The current real estate vacancy rate here is 19.3%. This is higher than the rate of vacancies in 84.0% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (12.3%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.