Clearwater, FL—33759
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 $337,000, with a year-over-year change of -8.7%. 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 | $337,000 | -8.7% |
| Single Family | $403,000 | -6.7% |
| Condos | $116,000 | -15.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $104,000 | -14.0% |
2 Bed | $205,000 | -10.1% |
3 Bed | $409,000 | -6.2% |
4 Bed | $723,000 | -4.2% |
| 5 Bed | $1,087,000 | -2.9% |
% of Housing Stock
Rental Trends — Clearwater, FL
As of July '25, Rentcast reports the average rent in Clearwater, FL is $2,210, with a year-over-year rent change of 1.4%. Per bedroom, the median rent as of July '25 in Clearwater, FL is studios: $2,050, 1-bedrooms: $1,640, 2-bedrooms: $2,260, 3-bedrooms: $2,650, 4-bedrooms: $3,800. The most common rental property sizes in Clearwater, FL are 2-bedroom and 1-bedroom, accounting for 51.9% and 29.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,210 |
| Studio Rent | $2,050 | $2,050 |
| 1 Bed Rent | $1,580 | $1,640 |
| 2 Bed Rent | $2,000 | $2,260 |
| 3 Bed Rent | $2,600 | $2,650 |
| 4 Bed Rent | $3,100 | $3,800 |
% 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 92. This is a increase of 24.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $308,000 | 15.0% |
Listing Count | 97 | 4.0% |
| Listings as % of Homes | 0.6% | 4.0% |
Days on Market | 92 | 24.0% |
Demographics — Clearwater, FL
As of the latest ACS Survey released in 2023, Clearwater, FL has a population of 17,600, which has decreased by -3.9% over the past 5 years. Clearwater, FL is a moderately popular place for families, as children make up 19.7% of the population. The area has a moderately educated workforce, with 36.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,600 | -3.9% |
% Under 18 | 19.7% | 3.1% |
% Seniors | 23.4% | 7.3% |
% WFH | 18.9% | 250.0% |
% w/ College Degree | 36.6% | 22.4% |
As of the latest ACS Survey released in 2023, Clearwater, FL is a predominantly white area, with 64.7% of the population identifying as white. The white population has shrunk by 14.0% in the last 5 years. The second most common race or ethnicity in Clearwater, FL is hispanic, making up 19.3% of the population. Foreign-born residents account for 15.9% of the population in Clearwater, FL, and this percentage has increased by 9.7% 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 | 64.7% | -14.0% |
% Black | 7.5% | 50.0% |
% Hispanic | 19.3% | 16.3% |
% Asian | 3.5% | 191.7% |
% Foreign Born | 15.9% | 9.7% |
Mortgage and Risk — Clearwater, FL
According to HUD data as of 2023, there were 258 mortgage originations in Clearwater, FL, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 26.0% 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. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 258 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% 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 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. 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 | 122 |
Total Units Section 8 | 123 |
% Rentals under Section 8 | 3.4% |
% Occupied Section 8 | 62.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $410 | $1,580 | $1,990 |
| 2 Bedroom | $340 | $2,000 | $2,340 |
| 3 Bedroom | $400 | $2,600 | $3,000 |
| 4 Bedroom | $550 | $3,100 | $3,650 |
Affordability — Clearwater, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $337,000 |
| Median Household Income | $63,800 |