Clearwater Beach, FL Market Update: What the Data Says for Buyers, Sellers and Investors

Michael R. Linton, Florida Broker #BK703722, advises investors, owners, tenants and banks on commercial property, small multifamily, land and distressed assets in Clearwater Beach and across Pinellas County through Linton Global Solutions.

Clearwater Beach is a softening market right now, and the numbers say good homes still move. Look at it ZIP code by ZIP code, not as one city average.

The Bottom Line on Clearwater Beach

Clearwater Beach is the barrier-island neighborhood of the City of Clearwater, connected to downtown by the Memorial Causeway and regularly ranked among the best beaches in the country. Pier 60 and Beach Walk are the center of a resort district of high-rise hotels, restaurants and shops, with Island Estates on the bay side and Sand Key across Clearwater Pass to the south.

Clearwater Beach is a softening housing market with shrinking inventory, and its commercial property trades in line with the rest of Pinellas County, with almost no distress.

• Homes: median list prices of $823,750, down 4.7% in 33767 from a year ago; Pinellas County is down 3.6%.
• Supply: 328 active listings in 33767 (down 0.8%); 118 days on market.
• Commercial: median too few sales to report per square foot, versus $211 countywide.
• Distress: no commercial distress transfers or bank-held parcels on the 2026 tax roll.

Where Clearwater Beach Is

This report covers one ZIP code, 33767, which takes in Clearwater Beach, Island Estates and Sand Key, from Mandalay Avenue and Pier 60 south across the pass.

Housing Market

The highest-priced ZIP code is 33767 at $823,750. Homes are taking longer to sell than the county average. The FHFA House Price Index shows five-year gains of 53.7%; the run-up is behind us, and today is about pricing to the market.

Who Is Buying: Mortgage Data

Investors took the largest share of purchase loans in 33767 (28.2%), above the county’s 14.3%. Source: the CFPB's HMDA data browser.

Rents

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom is $2,380. The strongest renter base is in 33767, where 15% of households rent. Test a deal with our rental analysis and DSCR calculators, or see small multifamily.

Commercial Real Estate

Clearwater Beach commercial property is overwhelmingly hospitality: high-rise resort hotels, older motels being redeveloped, restaurants and beach retail along Mandalay Avenue and Gulfview Boulevard. Hotels are excluded from the $/SF figures, and there were too few other arm’s-length commercial sales to set a reliable median for this ZIP, so treat each deal on its own numbers. Land under small motels is often worth more than the building.

Clearwater Beach has about 6.1 million square feet of commercial buildings and recorded 1 arm's-length sales at a median too few sales to report per square foot, close to the county's $211, helped by newer buildings. There were no distress transfers or bank-held parcels on the roll.

On Clearwater Beach, a small motel is usually a land deal. Run the numbers on what the zoning and the Beach by Design rules allow you to build, because that is how the next buyer will price it.

Jobs, Permits and the County Economy

Pinellas County jobs were down 1.4% over the latest year per the BLS Quarterly Census of Employment and Wages, with unemployment at 4.3%. Housing permits are down 2.5% this year per the Census Building Permits Survey. 33767 grew 8.4% in population over the Census survey period, the 101st-highest of the ZIP codes in our reports.

What It Means for Buyers, Sellers, Investors and Banks

Home buyers: negotiate; price cuts are common and the asking price is a starting point.

Sellers: price to recent sales in your ZIP code, not to last year's peak.

Commercial investors: pricing is in line with the county; the edge is in the specific building. Trading in? See 1031 exchanges.

Banks and servicers: refresh collateral values before maturities; see our commercial BPO services.

How We Built This Report

Every number comes from the Linton Global Market Map, part of REOMind.ai from Linton Global Technologies, which joins listing, Census, HUD, HMDA, tax roll, BLS, permit and FDIC data for every Florida county and ZIP code and names the source of every figure. See the full Pinellas County report.

Key Takeaways

• ✓Clearwater Beach list prices are down 4.7% in 33767; Pinellas County is down 3.6%.
• ✓Homes are taking 118 days to sell.
• ✓Commercial property sold at a median too few sales to report per square foot, against $211 countywide.
• ✓No commercial distress on the 2026 tax roll.
• ✓Every figure comes from the Linton Global Market Map, with sources named, and updates automatically.

About Michael R. Linton

Who is Michael R. Linton? Michael R. Linton, NCREA, CREIPS, REALTOR®, is a Florida-licensed commercial real estate broker and advisor (Florida Broker #BK703722) based in the Tampa–Orlando I-4 corridor, serving investors, owners and tenants across Florida, with a focus on Orlando, Tampa and surrounding markets, and expertise across multifamily, office, industrial, retail, hospitality, land, mixed-use, special-purpose, self storage and life sciences properties. He leads Linton Global Solutions and HireMikeLinton.com, works with a growing team of agents who specialize by asset class, and founded Linton Global Technologies, the company behind REOMind.ai.

Why choose Michael R. Linton for Clearwater Beach? Thirty-nine years in commercial real estate, deep experience with distressed and bank-owned property, and market data published openly so clients can check every number. See the Florida commercial broker profile.

Frequently Asked Questions

Works Cited

• Consumer Financial Protection Bureau and FFIEC. “HMDA Data Browser.” ffiec.cfpb.gov/data-browser. Accessed 19 Oct. 2026.
• Federal Deposit Insurance Corporation. “BankFind Suite.” banks.data.fdic.gov. Accessed 19 Oct. 2026.
• Federal Housing Finance Agency. “House Price Index.” www.fhfa.gov/data/hpi. Accessed 19 Oct. 2026.
• U.S. Department of Housing and Urban Development. “Small Area Fair Market Rents.” HUD User, www.huduser.gov/portal/datasets/fmr/smallarea. Accessed 19 Oct. 2026.
• U.S. Bureau of Labor Statistics. “Quarterly Census of Employment and Wages.” www.bls.gov/cew. Accessed 19 Oct. 2026.
• U.S. Census Bureau. “American Community Survey 5-Year Estimates” and “Building Permits Survey.” www.census.gov. Accessed 19 Oct. 2026.
• Realtor.com Economic Research. “Housing Inventory: ZIP Level Data.” www.realtor.com/research/data. Accessed 19 Oct. 2026.
• Florida Department of Revenue. “Property Tax Data Files (NAL/SDF).” 2026 final roll, Pinellas County, via LGData.
• Michel Rathwell. “Pier 60, Clearwater Beach.” Wikimedia Commons, CC BY 2.0, commons.wikimedia.org/wiki/File:Clearwater_Beach,_Florida_(35188097760).jpg. Accessed 19 Oct. 2026.