Palm River-Clair Mel, FL housing market
Homes typically sell in 47 days, close to asking.
Home values, sales, trends and how Palm River-Clair Mel compares with the towns next door — updated as new data is published.
Palm River-Clair Mel at a glance
A seller's market
Supply is tight — about 3.5 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Home prices up 71% in 5 years
The federal house price index for the ZIP codes around Palm River-Clair Mel rose 71% over the past 5 years, faster than across Florida (60%). Last year prices rose 0.7%. Carrying the Census median home value forward with that index puts the typical Palm River-Clair Mel home at roughly $559,000 today.
Show as a table
| Year | Change that year | Since 2000 | Florida since 2000 |
|---|---|---|---|
| 2025 | +0.7% | +371% | +264% |
| 2024 | +8.9% | +368% | +266% |
| 2023 | +11% | +330% | +254% |
| 2022 | +22% | +288% | +226% |
| 2021 | +15% | +217% | +163% |
| 2020 | +12% | +176% | +128% |
| 2019 | +7.7% | +147% | +117% |
| 2018 | +23% | +129% | +106% |
| 2017 | +18% | +86% | +90% |
| 2016 | +13% | +58% | +76% |
| 2015 | +18% | +40% | +61% |
| 2014 | +5.4% | +19% | +47% |
| 2013 | −2.2% | +13% | +34% |
| 2012 | +6.4% | +16% | +24% |
| 2011 | −23% | +8.7% | +26% |
| 2010 | −0.7% | +41% | +36% |
| 2009 | −34% | +42% | +50% |
| 2008 | −8.2% | +114% | +83% |
| 2007 | +5% | +133% | +117% |
| 2006 | +21% | +122% | +123% |
| 2005 | +26% | +83% | +92% |
| 2004 | +8.8% | +46% | +51% |
| 2003 | +8% | +34% | +30% |
| 2002 | +5.4% | +24% | +20% |
| 2001 | +18% | +18% | +9.7% |
| 2000 | — | — | — |
How Palm River-Clair Mel ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 33619, 33578, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
Palm River-Clair Mel and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Palm River-Clair Mel | — | +0.7%† | $2,240 | — | $71,787 |
| Tampa | $378K | −0.3% | $2,270 | 2,818 | $75,475 |
| Progress Village | — | −3.5%† | $2,280 | — | $88,694 |
| Brandon | $356K | −0.6% | $2,190 | — | $79,685 |
| Riverview | $364K | −2.8% | $2,660 | — | $100,438 |
† FHFA price index change, where Zillow has no home value for the town.
3.8 years of income
The typical Palm River-Clair Mel home costs about 3.8 years of the town's median household income, less than across Florida (5 years).
How Palm River-Clair Mel ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,240
HUD's Fair Market Rent for a two-bedroom in Palm River-Clair Mel is $2,240 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Palm River-Clair Mel pay a median of $1,525, so moving in tends to cost more than staying put. A two-bedroom takes about 37% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,800 · 4 bedrooms $3,480
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (33578, 33619; Tampa-St. Petersburg-Clearwater, FL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.