Clearwater, FL—33765
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 $342,000, 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 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $342,000 | -8.8% |
| Single Family | $367,000 | -9.2% |
| Condos | $163,000 | -12.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $108,000 | -15.6% |
2 Bed | $246,000 | -10.5% |
3 Bed | $382,000 | -7.3% |
4 Bed | $512,000 | -6.7% |
| 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 $2,040, with a year-over-year rent change of 4.6%. Per bedroom, the median rent as of July '25 in Clearwater, FL is studios: $1,490, 1-bedrooms: $1,420, 2-bedrooms: $1,750, 3-bedrooms: $2,600, 4-bedrooms: $3,500. The most common rental property sizes in Clearwater, FL are 2-bedroom and 1-bedroom, accounting for 42.4% and 32.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $2,040 |
| Studio Rent | $1,490 | $1,490 |
| 1 Bed Rent | $1,410 | $1,420 |
| 2 Bed Rent | $1,650 | $1,750 |
| 3 Bed Rent | $2,540 | $2,600 |
| 4 Bed Rent | $3,500 | $3,500 |
% 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 89. This is a increase of 8.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $363,000 | 8.0% |
Listing Count | 57 | -8.0% |
| Listings as % of Homes | 0.5% | -8.0% |
Days on Market | 89 | 8.0% |
Demographics — Clearwater, FL
As of the latest ACS Survey released in 2023, Clearwater, FL has a population of 14,400, which has remained stable by 0.7% over the past 5 years. Clearwater, FL is a moderately popular place for families, as children make up 17.7% of the population. The area has a moderately educated workforce, with 28.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,400 | 0.7% |
% Under 18 | 17.7% | -3.8% |
% Seniors | 22.3% | 45.8% |
% WFH | 19.0% | 196.9% |
% w/ College Degree | 28.7% | 26.4% |
As of the latest ACS Survey released in 2023, Clearwater, FL is a predominantly white area, with 63.4% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Clearwater, FL is hispanic, making up 18.6% of the population. Foreign-born residents account for 22.1% of the population in Clearwater, FL, and this percentage has increased by 25.6% 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 | 63.4% | 0.8% |
% Black | 7.8% | -8.2% |
% Hispanic | 18.6% | -27.9% |
% Asian | 7.2% | 1,100.0% |
% Foreign Born | 22.1% | 25.6% |
Mortgage and Risk — Clearwater, FL
According to HUD data as of 2023, there were 126 mortgage originations in Clearwater, FL, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, 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. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 126 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% 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 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 | 45 |
Total Units Section 8 | 45 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | 63.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $1,410 | $1,700 |
| 2 Bedroom | $350 | $1,650 | $2,000 |
| 3 Bedroom | $20 | $2,540 | $2,560 |
| 4 Bedroom | -$380 | $3,500 | $3,120 |
Affordability — Clearwater, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $342,000 |
| Median Household Income | $61,900 |