Real Estate Investing in Clarissa, Minnesota

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1 ZIP codes • Population: 1,469 • Todd County

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Should you buy in Clarissa, MN? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Clarissa, MN?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.2% 5yr CAGR

3.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $228,248
Avg Monthly Rent $873
ZIP Codes 1

Investing in Clarissa Real Estate

Clarissa (Minnesota) spans 1 ZIPs and roughly a sizable population. firmly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Clarissa is in that category.

Transaction volume in Clarissa has thinned in a way that amplifies price discovery risk. Meanwhile, investors without local context should treat every number on the page with skepticism.

Distressed-leaning demographics in Clarissa — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

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Landlord Ground Truth

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Avg Home Value
$228,248
Avg Monthly Rent
$873
1% Rule
✗ Below
Landlord Friendly (MN)

ZIP Codes in Clarissa, MN

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Frequently Asked Questions About Clarissa, MN

How do home values compare in Clarissa, MN?

Median home price in Clarissa, MN is near $228K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.

How does Clarissa, MN stack up for property investment?

The 3.0/5 investability rating in Clarissa, MN reflects its $228K prices and $873/mo rents. Investors generally consider it a solid option within MN.

How strong is tenant demand in Clarissa, MN?

Expect a solid tenant pool in Clarissa, MN. The rental market absorbs $873/mo rents without meaningful friction.

How strict are landlord regulations in Clarissa, MN?

For rental operators, Clarissa, MN rates as balanced. The regulatory environment standard buy-and-hold operations.

Is Clarissa, MN a good market for FHA house hackers?

The house hack math a challenging in Clarissa, MN. Owner-occupant buyers benefit from the $873/mo rents and $228K home values.

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