Clearwater, FL 33761 Real Estate Market Report

ZIP Code: 33761
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Clearwater 33761 market average 6.3% to 6.5%, reflecting a stable environment for property owners compared to early 2026 benchmarks.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. median sold price 599,995 is the primary indicator of recent transaction value in 33761 and suggests a market stabilizing around that level; representative recent sale pricing appears more informative than asking prices for valuation and underwriting decisions.

2. There is a notable spread between median listing price 744,475 and median sold price 599,995, which may indicate pricing friction where seller expectations exceed achieved transaction prices; balanced to cautious negotiation dynamics may persist as buyers push for concessions.

3. The market shows slower transaction velocity with median days on market 293, suggesting elongated sale cycles and moderate sales liquidity that may require extended marketing or price adjustments to close deals.

4. Macro and rental context: price trends are up and rent trends are up, while interest rate pressure is elevated (price momentum paired with higher financing costs), and the area reports relatively constrained active supply in sampled data, which together suggest cautious optimism for sellers but financing sensitivity for buyers.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Clearwater, FL 33761 Real Estate Market Report

ZIP Code: 33761
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Clearwater 33761 market average 6.3% to 6.5%, reflecting a stable environment for property owners compared to early 2026 benchmarks.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary market value signal is the median sold price of $199,000, which reflects recent transaction activity and suggests modest appreciation when considered with broader trend indicators.

2. Listing dynamics show a modest gap between the median listing price of $194,950 and the median sold price of $199,000, which may indicate limited pricing friction and aligns with a neutral market temperature.

3. Market velocity is slow: the median days on market is 352, which points to slower sales velocity and suggests cautious liquidity despite completed transactions.

4. Rent and interest context: median market rent is $1,695 with rent year-over-year trend up, while interest rate pressure is elevated and local 30-year fixed rates average 6.3% to 6.5%, a combination that may support stronger rental demand even as financing costs remain a headwind.

5. Inventory balance appears to show elevated inventory relative to sales activity in the analyzed sample, which, combined with a neutral market temperature and slower days on market, suggests sellers should temper pricing expectations and buyers may find opportunities to negotiate.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.