Cerro Gordo County · Mason City · population 7,602
Where Clear Lake stands
At or near all-time high. home values up 4.8% in the last year.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent vs buy
At a 28.8 price-to-rent ratio, renting beats buying in Clear Lake for most shorter holds. The premium you pay to own would take many years of rent savings to recoup, and that's before maintenance, taxes, and opportunity cost on the down payment.
How the momentum score breaks down
methodology →Clear Lake has held up across the cycle: home values at $328,857 with +5.8% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.
Clear Lake's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.
About Clear Lake
Clear Lake is a city in Cerro Gordo County, Iowa, with an estimated population of 7,602. It anchors the Mason City metro area. The median home value in Clear Lake is $328,857 as of 2026-04, up 4.8% over the last 12 months. Over the last five years, home values have averaged +5.8% annual growth, with prices at or near the 5-year peak. Rents in Clear Lake average $950 per month. The composite momentum score is 69 of 100 (Rising). The market is healthy with prices supported by underlying demand.
▲ Bull case
▼ Bear case
Playbook
You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.
Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.
Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.
Local safety & alerts
No active National Weather Service alerts for Cerro Gordo County right now.
Public-safety links are official .gov sources, not curated by us. Cerro Gordo County routes NWS alerts; check the state EM portal for non-weather emergencies.
Cities like Clear Lake
Run the numbers for Clear Lake
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Current weather
Find rentals & listings
Open current Clear Lake listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local sports teams
Major professional teams the Mason City area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
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