Wakulla County real estate, your questions answered.
Short answer: as of 2026-06-09, Wakulla County scores 78/100 (strong buyer value) on our buyer-value scale, the typical home is worth $285,040, the market looks about 21% undervalued, and average insurance runs about $1,456 a year.
Answers update from live data (2026-06-09). For the full numbers, see the Wakulla County housing scorecard.
Is now a good time to buy a house in Wakulla County?
As of 2026-06-09, our Momentum Market Score for Wakulla County is 78 out of 100, which reads strong buyer value, meaning the market is priced low against incomes with real negotiating room. Prices are roughly flat (-0.1% over the past year) and the area looks about 21% undervalued versus local incomes. A higher score means more buyer value and negotiating leverage; see the full Wakulla County scorecard for the breakdown.
Is Wakulla County a buyer's or seller's market?
Wakulla County currently reads strong buyer value on our 0 to 100 score (78/100), so it is priced low against incomes with real negotiating room. The score blends home value versus local incomes, price cuts, inventory trend, affordability and rent yield.
Are home prices going up or down in Wakulla County?
The typical home in Wakulla County is worth $285,040 (Zillow, 2026-06-09). Prices are roughly flat over the last year (-0.1%) and have moved about 5.6% a year over five years.
Is Wakulla County housing overvalued?
On price versus the area's own long-run relationship with local income, Wakulla County looks about 21% undervalued, with a price-to-income ratio of 3.84x. This compares the current typical value to its historical norm, not to other markets.
How much does a house cost in Wakulla County?
The typical Wakulla County home is worth about $285,040 as of 2026-06-09, against a county median household income near $74,183.
How much is homeowners insurance in Wakulla County?
The average Citizens Property Insurance premium in Wakulla County is about $1,456 a year. Citizens is Florida's insurer of last resort, so that is a realistic floor; private quotes vary by roof age, elevation and flood zone. In Florida, insurance is now one of the largest line items in a housing budget.
Is Wakulla County a good place to invest in rental property?
The gross rent yield (cap-rate proxy) in Wakulla County is about 7.17%, with typical rent near $1,703 a month on a $285,040 home. Run the full numbers, including taxes and insurance, in our Florida investment property calculator.
Are people moving to or from Wakulla County?
In the latest IRS migration data, Wakulla County is net gaining about 421 households a year.
Sources: Zillow, Realtor.com, U.S. Census, Freddie Mac/FRED, IRS migration, Citizens Property Insurance. Scores by Momentum Realty. Informational only, not investment, legal or insurance advice. Wakulla County scorecard · all county Q&A · all scorecards.