Clearwater, FL—33761
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 $314,000, with a year-over-year change of -8.8%. 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 | $314,000 | -8.8% |
| Single Family | $472,000 | -6.7% |
| Condos | $181,000 | -13.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $137,000 | -13.3% |
2 Bed | $200,000 | -13.0% |
3 Bed | $412,000 | -6.6% |
4 Bed | $672,000 | -4.1% |
| 5 Bed | $891,000 | -3.0% |
% of Housing Stock
Rental Trends — Clearwater, FL
As of July '25, Rentcast reports the average rent in Clearwater, FL is $2,240, with a year-over-year rent change of 2.3%. Per bedroom, the median rent as of July '25 in Clearwater, FL is 1-bedrooms: $1,520, 2-bedrooms: $1,950, 3-bedrooms: $2,640, 4-bedrooms: $4,150. The most common rental property sizes in Clearwater, FL are 2-bedroom and 3-bedroom, accounting for 37.5% and 34.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,240 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,520 |
| 2 Bed Rent | $1,800 | $1,950 |
| 3 Bed Rent | $2,700 | $2,640 |
| 4 Bed Rent | $3,500 | $4,150 |
% 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 78. This is a increase of 6.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $242,000 | -2.0% |
Listing Count | 136 | -11.0% |
| Listings as % of Homes | 0.8% | -11.0% |
Days on Market | 78 | 6.0% |
Demographics — Clearwater, FL
As of the latest ACS Survey released in 2023, Clearwater, FL has a population of 18,400, which has decreased by -6.8% over the past 5 years. Clearwater, FL is a moderately popular place for families, as children make up 15.7% of the population. The area has a moderately educated workforce, with 37.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,400 | -6.8% |
% Under 18 | 15.7% | 9.8% |
% Seniors | 33.5% | 5.7% |
% WFH | 20.3% | 190.0% |
% w/ College Degree | 37.8% | 9.2% |
As of the latest ACS Survey released in 2023, Clearwater, FL is a predominantly white area, with 86.3% of the population identifying as white. The white population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in Clearwater, FL is hispanic, making up 7.3% of the population. Foreign-born residents account for 15.1% of the population in Clearwater, FL, and this percentage has increased by 18.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 86.3% | 2.0% |
% Black | 1.0% | -41.2% |
% Hispanic | 7.3% | -18.0% |
% Asian | 3.8% | 90.0% |
% Foreign Born | 15.1% | 18.0% |
Mortgage and Risk — Clearwater, FL
According to HUD data as of 2023, there were 328 mortgage originations in Clearwater, FL, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Clearwater, FL. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 328 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Clearwater, FL
As of 2024, the percent of homes in Clearwater, FL under the Section 8 program is 1.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Clearwater, FL, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 38 |
Total Units Section 8 | 38 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $370 | $1,500 | $1,870 |
| 2 Bedroom | $390 | $1,800 | $2,190 |
| 3 Bedroom | $100 | $2,700 | $2,800 |
| 4 Bedroom | -$90 | $3,500 | $3,410 |
Affordability — Clearwater, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $314,000 |
| Median Household Income | $71,800 |