Clearwater, FL Market Update: What the Data Says for Buyers, Sellers and Investors
List prices down 13.9% to up 6.3% across 7 ZIP codes, 66 to 93 days on market and commercial at $145 to $272 per square foot across 7 ZIP codes. Every number from the Linton Global Market Map, as of September 2026.
Photo: Clearwater Memorial Causeway main span by Andrew Heneen, CC BY 4.0, via Wikimedia Commons (cropped).
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Michael R. Linton, Florida Broker #BK703722, advises investors, owners, tenants and banks on commercial property, small multifamily, land and distressed assets in Clearwater and across Pinellas County through Linton Global Solutions.
Clearwater gets talked about as a beach town, but the commercial market lives on US 19 and in the industrial parks by the airport. That is where the jobs are, and where the tenant demand is.
The Bottom Line on Clearwater
Clearwater is the Pinellas County seat, known for its beach, but its commercial economy runs along US 19, Gulf to Bay Boulevard and the Gateway and mid-county office and industrial parks near St. Pete-Clearwater International Airport. It is one of the bigger medical-device and manufacturing employment centers on the west coast.
Clearwater is a softening housing market where sellers are cutting prices to meet buyers, and its commercial property trades in line with the rest of Pinellas County.
- Homes: median list prices of $217,250 to $419,750, down 13.9% to up 6.3% across 7 ZIP codes from a year ago; Pinellas County is down 3.6%.
- Supply: 136 active listings in 33755 (down 1.5%); 225 active listings in 33756 (up 17.8%); 71 active listings in 33760 (down 24.6%); 125 active listings in 33761 (up 20.2%); 47 active listings in 33762 (down 12.2%); 140 active listings in 33764 (down 15.4%); 42 active listings in 33765 (up 6.3%); 66 to 93 days on market.
- Commercial: median $145 to $272 per square foot, versus $211 countywide.
- Distress: 14 commercial distress transfers or bank-held parcels on the 2026 tax roll.
Where Clearwater Is
Downtown Clearwater and North Greenwood are 33755, with the Fort Harrison corridor running south into 33756. Gulf to Bay Boulevard cuts east through 33765 toward the Courtney Campbell Causeway, Countryside is 33761, and the US 19 corridor runs through 33764. The industrial and office parks along Ulmerton Road and near the airport are 33760 and 33762.
This report covers 33755 (Downtown Clearwater and North Greenwood), 33756 (South Clearwater and the Fort Harrison corridor), 33760 (Mid-county and the Ulmerton Road corridor), 33761 (Countryside), 33762 (The Gateway industrial and office parks near St. Pete-Clearwater International), 33764 (Southeast Clearwater and the US 19 corridor), 33765 (East Clearwater and the Gulf to Bay corridor), compared with Pinellas County as a whole.
Housing Market
| Realtor.com, September 2026 | 33755 | 33756 | 33760 | 33761 | 33762 | 33764 | 33765 | Pinellas County |
|---|---|---|---|---|---|---|---|---|
| Median list price | $419,750 | $415,600 | $217,250 | $260,000 | $245,000 | $291,225 | $340,000 | $417,450 |
| vs. a year ago | +6.3% | +0.3% | -4.5% | +4.0% | -13.9% | -12.9% | -2.5% | -3.6% |
| Active listings | 136 | 225 | 71 | 125 | 47 | 140 | 42 | 6,523 |
| Active vs. a year ago | -1.5% | +17.8% | -24.6% | +20.2% | -12.2% | -15.4% | +6.3% | -9.3% |
| Median days on market | 82 | 93 | 80 | 71 | 87 | 66 | 76 | 84 |
| Listings with a price cut | 30.7% | 29.2% | 33.8% | 26.1% | 20.3% | 30.2% | 33.8% | 25% |
| Home values, 5 years (FHFA) | +64.9% | +65.3% | +60.1% | +62.6% | +55.4% | +58.3% | +53.8% | — |
The highest-priced ZIP code is 33755 at $419,750. With a quarter or more of listings showing a price cut in parts of town, the asking price is a starting point. The FHFA House Price Index shows five-year gains of 64.9% / 65.3% / 60.1% / 62.6% / 55.4% / 58.3% / 53.8%; the run-up is behind us, and today is about pricing to the market.
Who Is Buying: Mortgage Data
| HMDA 2025 home purchases | 33755 | 33756 | 33760 | 33761 | 33762 | 33764 | 33765 | Pinellas County |
|---|---|---|---|---|---|---|---|---|
| Home-purchase loans | 287 | 299 | 133 | 240 | 80 | 256 | 107 | 10,442 |
| Median purchase price | $365,000 | $395,000 | $335,000 | $395,000 | $315,000 | $435,000 | $385,000 | $415,000 |
| Median buyer income | $113,000 | $113,000 | $105,000 | $120,000 | $103,000 | $127,000 | $105,000 | $132,000 |
| FHA / VA / USDA loans | 26.9% | 23.7% | 20.8% | 14.7% | 10.5% | 25% | 27.9% | 20.2% |
| Investor purchases | 19% | 16.3% | 15.1% | 9.2% | 7.3% | 10.6% | 16% | 14.3% |
Investors took the largest share of purchase loans in 33755 (19%), 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 $1,690 to $2,180. The strongest renter base is in 33760, where 51% of households rent. Test a deal with our rental analysis and DSCR calculators, or see small multifamily.
Commercial Real Estate
| 2026 tax roll | 33755 | 33756 | 33760 | 33761 | 33762 | 33764 | 33765 | Pinellas County |
|---|---|---|---|---|---|---|---|---|
| Commercial & industrial parcels | 734 | 1112 | 411 | 263 | 744 | 363 | 661 | 21,996 |
| Building area (million SF) | 3.2 | 5.48 | 8.52 | 5.18 | 11.67 | 6.05 | 8.77 | 203.53 |
| Median year built | 1964 | 1975 | 1986 | 1985 | 1986 | 1985 | 1980 | 1982 |
| Arm’s-length sales | 14 | 40 | 21 | 13 | 31 | 11 | 32 | 633 |
| Median sale $/SF | $225 | $204 | $163 | $209 | $145 | $272 | $208 | $211 |
| Distress transfers / bank-held parcels | 0 / 0 | 2 / 2 | 1 / 0 | 1 / 0 | 3 / 1 | 2 / 0 | 2 / 0 | 31 / 20 |
Clearwater's industrial ZIPs carry most of its value per acre. 33762 is 75% industrial and sold at $145 per square foot; 33760, along Ulmerton Road, is 58% industrial. The retail side is mature strip and freestanding space on US 19 and Gulf to Bay, much of it built in the 1970s and 1980s, which is why redevelopment and re-tenanting drive most deals.
Clearwater has about 48.9 million square feet of commercial buildings and recorded 162 arm's-length sales at a median $145 to $272 per square foot, close to the county's $211. There were 14 distress signals; we score them with Linton Global Technologies' CREDDS Framework (see our distressed commercial real estate hub).
For an investor, Clearwater’s older retail corridors are a re-tenanting play, and the airport-area industrial parks are the steady income. Price each on its own numbers; they don’t move together.
Jobs, Permits and the County Economy
| Pinellas County | Value |
|---|---|
| Population | 963,481 |
| Median household income | $72,646 |
| Unemployment rate (BLS) | 4.3% |
| Private jobs (BLS QCEW) | 441,425 · -1.4% |
| Average annual pay | $70,854 |
| Housing permits, year to date | 1,932 · -2.5% |
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. 33760 grew 18.3% in population over the Census survey period, the 23rd-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 list prices are down 13.9% to up 6.3% across 7 ZIP codes; Pinellas County is down 3.6%.
- ✓Homes are taking 66 to 93 days to sell.
- ✓Commercial property sold at a median $145 to $272 per square foot, against $211 countywide.
- ✓14 commercial distress signals 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? 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.
Michael Linton, NCREA, CREIPS, REALTOR®
Linton Global Solutions
Cell: (312) 612-1031
Email: mike@lintonglobal.com
LintonGlobal.com
Frequently Asked Questions
Is the Clearwater, FL real estate market going up or down?+
Softening. As of September 2026, median list prices were down 13.9% to up 6.3% across 7 ZIP codes from a year earlier, against down 3.6% for Pinellas County. Homes took 66 to 93 days to sell, and active listings were down 1.5% / up 17.8% / down 24.6% / up 20.2% / down 12.2% / down 15.4% / up 6.3% from a year ago.
How much do homes cost in Clearwater?+
The median list price was $217,250 to $419,750 in September 2026. In 2025 mortgage (HMDA) data, the median home-purchase price was $315,000 to $435,000 and the median buyer earned $103,000 to $127,000.
How much is commercial real estate selling for in Clearwater?+
Arm’s-length commercial and industrial sales on the 2026 Pinellas County tax roll had a median of $145 to $272 per square foot in Clearwater, versus $211 countywide. There were 162 such sales across 4,288 commercial parcels.
Is there distressed or bank-owned commercial property in Clearwater?+
Some. The 2026 tax roll shows 11 commercial distress transfers and 3 bank-held parcels in Clearwater’s ZIP codes, out of 31 and 20 across Pinellas County.
Is Clearwater a good place to own rental property?+
About 20% to 51% of households rent, and HUD’s FY2027 fair market rent for a two-bedroom is $1,690 to $2,180 a month. Investors took 7.3% to 19.0% of 2025 home-purchase loans, against 14.3% countywide. Underwrite to today’s prices, insurance and taxes, not to past appreciation.
Where does this Clearwater market data come from?+
From the Linton Global Market Map, which joins Realtor.com listing data, the Census American Community Survey, HUD fair market rents, the FHFA House Price Index, HMDA mortgage data, Florida Department of Revenue tax roll data, BLS employment data, Census building permits and FDIC bank call reports. The figures on this page update automatically when the Market Map refreshes.
Who can help me buy or sell commercial property in Clearwater?+
Michael R. Linton, Florida Broker #BK703722, leads Linton Global Solutions and advises investors, owners, tenants and banks on commercial property, small multifamily, land, distressed assets and 1031 exchanges across Clearwater and Pinellas County. Call (312) 612-1031 or email mike@lintonglobal.com.
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.
- Andrew Heneen. “Clearwater Memorial Causeway main span.” Wikimedia Commons, CC BY 4.0, commons.wikimedia.org/wiki/File:Clearwater_Memorial_Causeway_main_span_3Nov2017_(1).jpg. Accessed 19 Oct. 2026.
Disclosure: This article uses data tools developed by Linton Global Technologies. Michael R. Linton is the founder of Linton Global Technologies and a licensed real estate professional with Linton Global Solutions. This content is for informational purposes only and does not constitute investment, legal, or financial advice.
Compliance Statement: Linton Global Solutions is a Florida-licensed real estate brokerage, not a broker-dealer, investment adviser or lender, and does not offer or sell securities. CREDDS and REOMind.ai provide decision support only; people make every final decision. Readers should conduct their own due diligence and consult qualified professionals before making investment decisions.
Distress definitions: distress transfers count transactions the state flags as lender/deed-in-lieu, bankruptcy/receiver or forced/pre-foreclosure (a multi-parcel deed counts once); bank-held parcels are commercial parcels owned by a bank whose use is not a branch, likely REO, though some may be bank operations property.
Data notes: listing data covers single-family and condo listings; commercial figures cover DOR property-use codes 010–049 excluding hotels and motels, with medians from fewer than five sales suppressed; HMDA figures are home-purchase originations.