The housing market in Clearwater, FL is booming. The median value of homes in the area is $338,400, which is very close to the US House Median Value of $338,100. Additionally, the one-year house appreciation rate in Clearwater is a staggering 20.41%, almost double the national average of 8.27%. This means that housing prices are increasing rapidly and may show no signs of slowing down anytime soon. With these high property values comes opportunity for those looking to invest in real estate or buy a home in Clearwater, FL.
The median home cost in Clearwater is $338,400. Home appreciation the last 10 years has been 222.8%. Home Appreciation in Clearwater is up 28.5%.
Average Age of Homes
- The median age of Clearwater real estate is 41 years old
The Rental Market in Clearwater
- Renters make up 31.7% of the Clearwater population
- 3.2% of houses and apartments in Clearwater, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.