Clearwater, FL—33755
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Clearwater, FL
As of Oct '25, the median home price in Clearwater, FL is $329,000, with a year-over-year change of -7.7%. This indicates that home prices in Clearwater, FL are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $329,000 | -7.7% |
| Single Family | $332,000 | -8.0% |
| Condos | $241,000 | -9.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $152,000 | -10.1% |
2 Bed | $306,000 | -7.8% |
3 Bed | $373,000 | -6.8% |
4 Bed | $439,000 | -5.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Clearwater, FL
As of July '25, Rentcast reports the average rent in Clearwater, FL is $2,460, with a year-over-year rent change of 1.2%. Per bedroom, the median rent as of July '25 in Clearwater, FL is studios: $1,350, 1-bedrooms: $1,550, 2-bedrooms: $2,690, 3-bedrooms: $2,680, 4-bedrooms: $2,920. The most common rental property sizes in Clearwater, FL are 2-bedroom and 1-bedroom, accounting for 50.3% and 24.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,460 |
| Studio Rent | $1,400 | $1,350 |
| 1 Bed Rent | $1,400 | $1,550 |
| 2 Bed Rent | $2,100 | $2,690 |
| 3 Bed Rent | $2,450 | $2,680 |
| 4 Bed Rent | $2,500 | $2,920 |
% of Rental Stock
Property Listings — Clearwater, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Clearwater, FL is 69. This is a increase of 11.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $442,000 | -3.0% |
Listing Count | 184 | -6.0% |
| Listings as % of Homes | 1.0% | -6.0% |
Days on Market | 69 | 11.0% |
Demographics — Clearwater, FL
As of the latest ACS Survey released in 2023, Clearwater, FL has a population of 28,100, which has increased by 10.3% over the past 5 years. Clearwater, FL is a moderately popular place for families, as children make up 19.1% of the population. The area has a poorly educated workforce, with 24.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,100 | 10.3% |
% Under 18 | 19.1% | -15.9% |
% Seniors | 16.5% | 9.3% |
% WFH | 19.7% | 131.8% |
% w/ College Degree | 24.6% | 23.0% |
As of the latest ACS Survey released in 2023, Clearwater, FL is a predominantly white area, with 54.0% of the population identifying as white. The white population has grown by 12.7% in the last 5 years. The second most common race or ethnicity in Clearwater, FL is black, making up 21.7% of the population. Foreign-born residents account for 15.3% of the population in Clearwater, FL, and this percentage has decreased by 5.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 54.0% | 12.7% |
% Black | 21.7% | -22.5% |
% Hispanic | 17.2% | -17.3% |
% Asian | 2.6% | 116.7% |
% Foreign Born | 15.3% | -5.6% |
Mortgage and Risk — Clearwater, FL
According to HUD data as of 2023, there were 450 mortgage originations in Clearwater, FL, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Clearwater, FL. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 450 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 3.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Clearwater, FL
As of 2024, the percent of homes in Clearwater, FL under the Section 8 program is 18.1%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Clearwater, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 833 |
Total Units Section 8 | 772 |
% Rentals under Section 8 | 18.1% |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $1,400 | $1,470 |
| 2 Bedroom | -$380 | $2,100 | $1,720 |
| 3 Bedroom | -$250 | $2,450 | $2,200 |
| 4 Bedroom | $180 | $2,500 | $2,680 |
Affordability — Clearwater, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $329,000 |
| Median Household Income | $59,600 |