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Palm River-Clair Mel, FL

Full City Profile · Florida · Hillsborough County County

3.0 /5.0
B Good
26,719 Population 2,340/sq mi density
$62,976 Median Income $29,276 per capita
$244,100 Home Value $351,090 Zillow
$1,439 Median Rent 35.2% income on rent
73°F Avg Temperature 330 sunny days/yr
582 Violent Crime/100K 2,428 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$62,976 median income, 3.0% unemployment
A
Affordability
4.5 / 5.0
$244,100 home value, $1,439/mo rent
F
Safety
1.0 / 5.0
582 violent crimes/100K (53% above avg)
C+
Education
2.8 / 5.0
22.7% bachelor's degree or higher

Housing Overview

Median Home Value
$244,100
13% below
US avg: $281,900
Median Rent
$1,439/mo
24% above
US avg: $1,163/mo
Homeownership Rate
61.0%
7% below US avg (65.4%)
Total Housing Units
10,112
Median year built: 1989

Home Value by Source

Census Median
$244,100
Zillow (ZHVI)
$351,090
Median Sale Price
$342,500
Median List Price
$347,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

61.0%
Owner-Occupied
39.0%
Renter-Occupied
61%
39%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $1,439/mo

Market Indicators (Redfin)

Median Days on Market
37 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
18
Price Drops
29.6%
of listings with price reduction
Price Per Sq Ft
$208
Active Inventory
81
homes for sale

Affordability & Housing Stock

Rent Burden
35.2%
of renters spending 30%+ of income on housing
14% above US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
61.0%

Complete Housing Data

Home Values

Census Median Value$244,100
Zillow Home Value (ZHVI)$351,090
Median Sale Price$342,500
Median List Price$347,450
Price Per Sq Ft$208

Rent

Census Median Rent$1,439
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market37
Sale-to-List Ratio1.0%
Price Drops29.6%
Homes Sold18
Active Inventory81
Price Per Sq Ft$208

Ownership & Stock

Owner-Occupied61.0%
Renter-Occupied39.0%
Homeownership Rate61.0%
Total Housing Units10,112
Median Year Built1989
Rent Burden35.2%