Pinellas County · Tampa-St. Petersburg-Clearwater · population 116,811
Where Clearwater stands
Home values down 4.3% in the last year.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent trajectory · last 5 years
Zillow ZORI · monthlyHome value vs rent · indexed to 100
Both rebased at first month of ZORI data (~2015)Rent vs buy
At a 14.5 price-to-rent ratio, buying generally beats renting in Clearwater on a long-enough horizon. The headline math is that one year of mortgage payments approximates 14.5 years of rent — well below the 15+ threshold where ownership starts to dominate.
How the momentum score breaks down
methodology →Clearwater has held up across the cycle: home values at $341,503 with +4.4% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.
Clearwater is down 4.3% over the last 12 months and the trend isn't flattening. Falling knife rule applies: you don't catch one with your hands, you wait for it to hit the floor and stop moving.
About Clearwater
Clearwater is a city in Pinellas County, Florida, with an estimated population of 116,811. It anchors the Tampa-St. Petersburg-Clearwater metro area. The median home value in Clearwater is $341,503 as of 2026-04, down 4.3% over the last 12 months. Over the last five years, home values have averaged +4.4% annual growth, and the market currently sits about 10% below its 5-year peak. Rents in Clearwater average $1,960 per month, down 3.0% year-over-year. The composite momentum score is 46 of 100 (Cooling). Buyers may find more room to negotiate; sellers should price realistically.
▲ Bull case
▼ Bear case
About Clearwater (Wikipedia)
Clearwater is a city in and the county seat of Pinellas County, Florida, United States, west of Tampa and north of St. Petersburg. To the west of Clearwater lies the Gulf of Mexico and to the southeast lies Tampa Bay. As of the 2020 census, the city had a population of 117,292. It is the smallest of the three principal cities in the Tampa–St. Petersburg–Clearwater metropolitan area, most commonly referred to as the Tampa Bay area.
Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.
City facts
Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.
Things to see in Clearwater(Tourism)
- Tampa Bay Times
- Pinellas County Courthouse in Clearwater
- Capitol Theatre
- John Stansel Taylor
- Lester Avery
- Donald Roebling Estate
- Belleair
- Belleview Hotel
- Robert Morton Organ Company
- Donald Roebling
- Sally Rand
- Fred Stone
+8 more on Wikipedia.
Extracted from the Wikipedia article. Names linked in the source — open the city’s Wikipedia page for details.
Playbook
You have leverage. Negotiate price, ask for closing-cost credits, and don't waive inspection. Walk-away power is real in a Cooling market — use it.
Price aggressively (at or below recent sold comps) or be prepared to wait. Concessions — rate buydowns, closing costs, repair credits — are how deals close right now.
Cap rates are more attractive than they were 12 months ago but the appreciation tailwind is gone. Confirm tenant demand, vacancy rates, and exit liquidity before committing capital.
Local safety & alerts
No active National Weather Service alerts for Pinellas County right now.
Public-safety links are official .gov sources, not curated by us. Pinellas County routes NWS alerts; check the state EM portal for non-weather emergencies.
Neighborhoods of Clearwater
52 tracked · ranked by median home valueSee the full neighborhood ranking →
Cities like Clearwater
Run the numbers for Clearwater
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Local sports teams
Major professional teams the Tampa-St. Petersburg-Clearwater area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Current weather
Find rentals & listings
Open current Clearwater listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local news & community
Latest news
- Field Set For 2026 American Baseball Championship In ClearwaterAmerican Conference · 4d ago
- Matthew Raymond Powell Obituary (2026) – Clearwater, FL – VanRensselaer & Son Funeral HomeLegacy · 12h ago
- Allegiant Air adds a third Florida flight at Columbia Regional AirportColumbia Missourian · 1d ago
- Allegiant Air adds a third Florida flight at COUKOMU 8 · 1d ago
- Water RestrictionsCity of Clearwater · 3w ago
- Richie Alonso Obituary – Clearwater, FLDignity Memorial · 6d ago
Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
Cities similar to Clearwater
Explore other places with comparable momentum or affordability.