Clearwater, FL—33764
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 $363,000, with a year-over-year change of -8.5%. This indicates that home prices in Clearwater, FL are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $363,000 | -8.5% |
| Single Family | $426,000 | -7.8% |
| Condos | $147,000 | -15.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $119,000 | -16.2% |
2 Bed | $239,000 | -12.1% |
3 Bed | $433,000 | -6.9% |
4 Bed | $538,000 | -6.8% |
| 5 Bed | $773,000 | -6.8% |
% of Housing Stock
Rental Trends — Clearwater, FL
As of July '25, Rentcast reports the average rent in Clearwater, FL is $2,330, with a year-over-year rent change of -3.7%. Per bedroom, the median rent as of July '25 in Clearwater, FL is studios: $1,500, 1-bedrooms: $1,620, 2-bedrooms: $2,090, 3-bedrooms: $2,990, 4-bedrooms: $4,100. The most common rental property sizes in Clearwater, FL are 2-bedroom and 1-bedroom, accounting for 50.2% and 32.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,330 |
| Studio Rent | $1,260 | $1,500 |
| 1 Bed Rent | $1,500 | $1,620 |
| 2 Bed Rent | $1,950 | $2,090 |
| 3 Bed Rent | $2,800 | $2,990 |
| 4 Bed Rent | $3,950 | $4,100 |
% 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 85. This is a increase of 23.0% 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 35.0%, 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 | 14.0% |
Listing Count | 197 | 8.0% |
| Listings as % of Homes | 0.7% | 8.0% |
Days on Market | 85 | 23.0% |
Demographics — Clearwater, FL
As of the latest ACS Survey released in 2023, Clearwater, FL has a population of 27,400, which has increased by 4.1% over the past 5 years. Clearwater, FL is a less popular place for families, as children make up 14.1% of the population. The area has a moderately educated workforce, with 32.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,400 | 4.1% |
% Under 18 | 14.1% | -17.5% |
% Seniors | 26.6% | 5.1% |
% WFH | 19.5% | 143.8% |
% w/ College Degree | 32.5% | 18.2% |
As of the latest ACS Survey released in 2023, Clearwater, FL is a predominantly white area, with 75.5% of the population identifying as white. The white population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in Clearwater, FL is hispanic, making up 12.5% of the population. Foreign-born residents account for 14.2% of the population in Clearwater, FL, and this percentage has decreased by 1.4% 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 | 75.5% | -8.3% |
% Black | 2.7% | -32.5% |
% Hispanic | 12.5% | 71.2% |
% Asian | 4.1% | 2.5% |
% Foreign Born | 14.2% | -1.4% |
Mortgage and Risk — Clearwater, FL
According to HUD data as of 2023, there were 365 mortgage originations in Clearwater, FL, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 20.0% 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. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 365 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Clearwater, FL
As of 2024, the percent of homes in Clearwater, FL under the Section 8 program is 3.4%. 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 | 185 |
Total Units Section 8 | 165 |
% Rentals under Section 8 | 3.4% |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $330 | $1,500 | $1,830 |
| 2 Bedroom | $200 | $1,950 | $2,150 |
| 3 Bedroom | -$50 | $2,800 | $2,750 |
| 4 Bedroom | -$600 | $3,950 | $3,350 |
Affordability — Clearwater, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $363,000 |
| Median Household Income | $64,600 |