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Compass Lake Home Values: What Homes Actually Sell For

Buying here? See Compass Lake homes for sale and the Compass Lake community guide (Alford).

Compass Lake (Alford, FL): 7 recorded closings in the 12 months ending 2026-09-20, a 4-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.

Median sold price
$242,990
+1.8% vs prior year · window ending 2026-09-20
Median days to sell
29
from list to contract-to-close record

In the current window, median closings ran near original asking (101.3%); the median sale took 29 days; new construction was 57.1% of recorded sales — builder pricing competes with resales here (window ending 2026-09-20).

The 4-year recorded price history

20172026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$242,990—29101.3%7
2025$238,750—6890.9%4
2018$234,900—6286.6%3
2017$103,000—12284.3%5

Over the recorded series, Compass Lake’s median sold price moved from $103,000 (2017) to $242,990 (12 months ending 2026-09-20) — +136% over that span, with every year’s figure from recorded closings, not a model.

What is on the market in Compass Lake right now

From the live MLS feed as of 2026-10-01: 7 active listings (plus 1 pending) asking from $199,900 to $799,000, median $259,900; 4 of 7 have been on the market over 60 days (median 103 days so far); the homes listed or recently sold were built between 1958 and 2026 (median 2026), 6 of them new construction; none of the 8 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 318 ft). For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current Compass Lake listings →

At Compass Lake’s $242,990 median and Jackson County’s adopted 14.57 mills (FY2025-26), a home assessed at that price carries roughly $3,540 a year in property tax before exemptions, or about $2,960 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Jackson County tax page.

Selling in Compass Lake right now: what the record says

Current asking prices run a median $259,900 against the $242,990 recorded sold median (+7%) — the gap between what sellers hope and what the record shows. Demand check: 12% of Compass Lake’s listings are under contract, against 7% for ZIP 32420 and 16% for Jackson County as a whole — roughly in line with its surroundings.

Asking and recorded sold prices are within a few percent of each other here, so the table above is close to what a Compass Lake buyer will actually pay; the spread on any single home comes down to size, condition and timing.

What would YOUR Compass Lake home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.

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More Compass Lake: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures

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