Why Live in Clearwater
Clearwater, a neighborhood in north Indianapolis, is characterized by its scenic waterfronts along the White River, where residents can enjoy kayaking and fishing. The area features a mix of single-family homes, apartments, and condominiums, many with private waterfront access. Home styles include low-lying ranches and split-level homes with brick exteriors. Clearwater is known for its top-tier public schools within the Metropolitan School District of Washington Township, including Clearwater Elementary, Eastwood Middle, and North Central High, all of which have high ratings. The neighborhood is just 11 miles from downtown Indianapolis and close to The Fashion Mall at Keystone, a premier shopping destination. Local parks and community organizations, such as Allisonville Youth Baseball and Softball and the Glendale Soccer Association, provide ample opportunities for youth sports. Riverwood Park offers spray features and a jungle gym, while public canoe and kayak launches are available at nearby Broad Ripple Park and the Indianapolis Art Center. Clearwater residents often drive, but bike-friendly streets like River Road and East 79th Street are available, along with public transportation options. Despite its many attractions, a significant portion of Clearwater is prone to flooding, particularly near its lakes and rivers.
Frequently Asked Questions
Is Clearwater a good place to live?
Clearwater is a good place to live. Clearwater is considered very car-dependent and somewhat bikeable with minimal transit options. Clearwater is a suburban neighborhood. Clearwater has 6 parks for recreational activities. It is sparse in population with 2.8 people per acre and a median age of 55. The average household income is $125,138 which is above the national average. College graduates make up 65.2% of residents. A majority of residents in Clearwater are home owners, with 22.5% of residents renting and 77.5% of residents owning their home. A
local real estate agent serving Clearwater can help you decide if this neighborhood is the right one for you. Learn more on our
Clearwater neighborhood guide.
How much do you need to make to afford a house in Clearwater?
The median home price in Clearwater is $327,450. If you put a 20% down payment of $65,500 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,670 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $72K a year to afford the median home price in Clearwater. The average household income in Clearwater is $125K.
What are the best public schools in Clearwater?
The best public schools that serve Clearwater are:
What are the best private schools in Clearwater?
The best private schools that serve Clearwater are:
- Park Tudor has an A+ Niche grade, a student teacher ratio of 7:1 and an average review score of 4.2.
- Colonial Christian School has an A Niche grade, a student teacher ratio of 10:1 and an average review score of 4.5.
- Bishop Chatard High School has an A Niche grade, a student teacher ratio of 13:1 and an average review score of 4.2.
What are the most popular zip codes in Clearwater, Indianapolis, IN?
What are the most popular neighborhoods near Clearwater, Indianapolis, IN?
Are home prices dropping in Clearwater?
Yes, home prices in Clearwater are down 4% in the last 12 months.
Home Trends in Clearwater, IN
On average, homes in Clearwater, Indianapolis sell after 35 days on the market compared to the national average of 52 days. The median sale price for homes in Clearwater, Indianapolis over the last 12 months is $311,750, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$311,750
Median Single Family Sale Price
$370,000
Median 2 Bedroom Sale Price
$260,000
Median 1 Bedroom Sale Price
$349,000
Average Price Per Sq Ft
$210
Number of Homes for Sale
10
Last 12 months Home Sales
94
Median List Price
$327,450
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
0%