Clearwater, FL—33763
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 $203,000, with a year-over-year change of -11.1%. 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 | $203,000 | -11.1% |
| Single Family | $343,000 | -8.3% |
| Condos | $150,000 | -12.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $108,000 | -12.9% |
2 Bed | $183,000 | -10.7% |
3 Bed | $391,000 | -6.7% |
4 Bed | $433,000 | -5.5% |
| 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 $1,920, with a year-over-year rent change of 6.7%. Per bedroom, the median rent as of July '25 in Clearwater, FL is studios: $1,320, 1-bedrooms: $1,460, 2-bedrooms: $1,720, 3-bedrooms: $2,780, 4-bedrooms: $3,150. The most common rental property sizes in Clearwater, FL are 2-bedroom and 1-bedroom, accounting for 46.5% and 26.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,920 |
| Studio Rent | $1,320 | $1,320 |
| 1 Bed Rent | $1,390 | $1,460 |
| 2 Bed Rent | $1,620 | $1,720 |
| 3 Bed Rent | $2,800 | $2,780 |
| 4 Bed Rent | $3,250 | $3,150 |
% 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 66. This is a increase of 9.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $200,000 | -7.0% |
Listing Count | 230 | -10.0% |
| Listings as % of Homes | 1.5% | -10.0% |
Days on Market | 66 | 9.0% |
Demographics — Clearwater, FL
As of the latest ACS Survey released in 2023, Clearwater, FL has a population of 21,300, which has increased by 5.4% over the past 5 years. Clearwater, FL is a moderately popular place for families, as children make up 15.4% of the population. The area has a moderately educated workforce, with 28.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,300 | 5.4% |
% Under 18 | 15.4% | 27.3% |
% Seniors | 36.3% | 3.4% |
% WFH | 17.6% | 486.7% |
% w/ College Degree | 28.0% | 6.9% |
As of the latest ACS Survey released in 2023, Clearwater, FL is a predominantly white area, with 71.8% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Clearwater, FL is hispanic, making up 17.2% of the population. Foreign-born residents account for 15.1% of the population in Clearwater, FL, and this percentage has increased by 5.6% 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 | 71.8% | -5.3% |
% Black | 3.7% | 68.2% |
% Hispanic | 17.2% | 8.2% |
% Asian | 2.5% | -35.9% |
% Foreign Born | 15.1% | 5.6% |
Mortgage and Risk — Clearwater, FL
According to HUD data as of 2023, there were 396 mortgage originations in Clearwater, FL, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Clearwater, FL. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 396 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 3.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Clearwater, FL
As of 2024, the percent of homes in Clearwater, FL under the Section 8 program is 5.0%. 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 units appear to be good home sizes to consider for Section 8 housing in Clearwater, FL, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 126 |
Total Units Section 8 | 125 |
% Rentals under Section 8 | 5.0% |
% Occupied Section 8 | 86.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $1,390 | $1,600 |
| 2 Bedroom | $260 | $1,620 | $1,880 |
| 3 Bedroom | -$390 | $2,800 | $2,410 |
| 4 Bedroom | -$320 | $3,250 | $2,930 |
Affordability — Clearwater, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $203,000 |
| Median Household Income | $53,600 |