Clearwater, FL—33762
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 $304,000, with a year-over-year change of -9.3%. This indicates that home prices in Clearwater, FL are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $304,000 | -9.3% |
| Single Family | $409,000 | -8.1% |
| Condos | $209,000 | -13.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $151,000 | -16.6% |
2 Bed | $239,000 | -12.8% |
3 Bed | $454,000 | -7.3% |
4 Bed | $677,000 | -6.6% |
| 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 $2,260, with a year-over-year rent change of 6.1%. Per bedroom, the median rent as of July '25 in Clearwater, FL is studios: $1,740, 1-bedrooms: $1,740, 2-bedrooms: $2,250, 3-bedrooms: $2,770, 4-bedrooms: $3,450. The most common rental property sizes in Clearwater, FL are 2-bedroom and 1-bedroom, accounting for 59.4% and 20.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,060 | $2,260 |
| Studio Rent | $1,890 | $1,740 |
| 1 Bed Rent | $1,720 | $1,740 |
| 2 Bed Rent | $2,200 | $2,250 |
| 3 Bed Rent | $2,780 | $2,770 |
| 4 Bed Rent | $3,200 | $3,450 |
% 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 77. 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $294,000 | -1.0% |
Listing Count | 64 | 4.0% |
| Listings as % of Homes | 1.3% | 4.0% |
Days on Market | 77 | 6.0% |
Demographics — Clearwater, FL
As of the latest ACS Survey released in 2023, Clearwater, FL has a population of 5,040, which has decreased by -37.7% over the past 5 years. Clearwater, FL is a less popular place for families, as children make up 11.6% of the population. The area has a highly educated workforce, with 51.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,040 | -37.7% |
% Under 18 | 11.6% | 7.4% |
% Seniors | 30.2% | 83.0% |
% WFH | 19.3% | 338.6% |
% w/ College Degree | 51.6% | 49.1% |
As of the latest ACS Survey released in 2023, Clearwater, FL is a predominantly white area, with 75.9% of the population identifying as white. The white population has grown by 7.4% in the last 5 years. The second most common race or ethnicity in Clearwater, FL is hispanic, making up 9.7% of the population. Foreign-born residents account for 9.8% of the population in Clearwater, FL, and this percentage has increased by 4.3% 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 | 75.9% | 7.4% |
% Black | 5.0% | -54.5% |
% Hispanic | 9.7% | -8.5% |
% Asian | 4.9% | -5.8% |
% Foreign Born | 9.8% | 4.3% |
Mortgage and Risk — Clearwater, FL
According to HUD data as of 2023, there were 184 mortgage originations in Clearwater, FL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Clearwater, FL. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 184 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 2.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Clearwater, FL
As of 2024, the percent of homes in Clearwater, FL under the Section 8 program is 1.9%. 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. In Clearwater, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $280 | $1,720 | $2,000 |
| 2 Bedroom | $150 | $2,200 | $2,350 |
| 3 Bedroom | $230 | $2,780 | $3,010 |
| 4 Bedroom | $460 | $3,200 | $3,660 |
Affordability — Clearwater, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $304,000 |
| Median Household Income | $91,000 |