Bill Hill
Clearwater Real Estate
Bill Hill provides direct guidance for the Clearwater, Minnesota real estate market. He focuses on facts and process rather than sales pressure.
Clearwater sits where the Mississippi and Clearwater Rivers meet, offering a mix of established neighborhoods and newer developments. The housing stock is varied, with homes that are single-family detached accounting for 55% (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Bill Hill assists with everything from waterfront properties to new construction, focusing on whether a property actually fits the client's needs.
The local market remains steady with the median year homes were built being 2002 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Whether navigating first-time purchases or downsizing, Bill Hill prioritizes clear communication. He believes houses sell themselves; his role is to manage the logistics and protect the client's interests once they find the right match.
By the numbers
Clearwater, MN at a glance
| Population2020–2024 ACS 5-year estimates | 1,970 |
|---|---|
| Housing units2020–2024 ACS 5-year estimates | 784 |
| Median home value (owner-occupied)2020–2024 ACS 5-year estimates | $271,800 |
| Median monthly rent2020–2024 ACS 5-year estimates | $1,091 |
| Median annual property tax paid2020–2024 ACS 5-year estimates | $2,833 |
| Homes that are owner-occupied2020–2024 ACS 5-year estimates | 62% |
| Homes that are single-family detached2020–2024 ACS 5-year estimates | 55% |
| Median year homes were built2020–2024 ACS 5-year estimates | 2002 |
| Commutes under 30 minutes2020–2024 ACS 5-year estimates | 62% |
| Home price change, 1 year (Wright County)2024 to 2025 | +1.8% |
| Home price change, 5 years (Wright County)2020 to 2025 | +38.0% |
| Average 30-year fixed mortgage rate (U.S.)week of 2026-09-24 | 7.03% |
| Average 30-year fixed mortgage rate a year earlier (U.S.)week of 2025-09-18 | 6.26% |
Sources: U.S. Census Bureau, American Community Survey; Federal Housing Finance Agency House Price Index; Freddie Mac Primary Mortgage Market Survey. Published estimates for the area as a whole, not a valuation of any property.
FAQ
Frequently asked questions
What is the current housing market trend in Clearwater, Minnesota?↓
The market shows consistent growth with a home price change of +1.8% over one year in Wright County (Federal Housing Finance Agency House Price Index, 2024 to 2025). Over a five-year period, prices increased by +38.0%. Bill Hill monitors these trends to help clients make informed decisions without the hype.
What is the median home value in Clearwater?↓
The median home value for owner-occupied units is $271,800 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This figure reflects the diverse range of single-family homes and townhouses available in the area. Bill Hill provides direct feedback on whether a specific listing price aligns with these local market realities.
How common are rentals versus owned homes in Clearwater?↓
Data shows that homes that are owner-occupied represent 62% of the market (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). For those currently renting and looking to buy, Bill Hill offers a no-nonsense approach to transitioning into homeownership. He identifies if a property is a sound long-term fit or if a buyer should keep looking.
What are the typical property taxes for Clearwater homeowners?↓
Homeowners in Clearwater pay a median annual property tax of $2,833 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Understanding these ongoing costs is a vital part of the guidance Bill Hill provides. He ensures all financial aspects of a transaction are transparent before any papers are signed.
What are the current mortgage rates for buyers in Clearwater?↓
The average 30-year fixed mortgage rate in the U.S. is 7.03% (Freddie Mac Primary Mortgage Market Survey, week of 2026-09-24). This is an increase from the year earlier rate of 6.26%. Bill Hill helps buyers navigate these fluctuating rates by focusing on the actual numbers and the long-term feasibility of the purchase.