Momentum Housing Data · Home Values · Putnam County
Buying here? See Hermits Cove homes for sale and the Hermits Cove community guide (Satsuma).
Hermits Cove (Satsuma, FL): 7 recorded closings in the 12 months ending 2026-08-30, a 10-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 83.3% of original asking; the median sale took 82 days (window ending 2026-08-30).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $140,000 | $89 | 82 | 83.3% | 7 |
| 2025 | $202,750 | $169 | 54 | 90.0% | 8 |
| 2023 | $82,500 | $121 | 4 | 89.2% | 5 |
| 2022 | $162,500 | $120 | 36 | 94.2% | 6 |
| 2021 | $107,500 | $103 | 131 | 89.5% | 7 |
| 2020 | $122,500 | $116 | 49 | 93.3% | 7 |
| 2019 | $71,000 | $67 | 44 | 94.6% | 8 |
| 2017 | $62,000 | $67 | 127 | 86.0% | 5 |
| 2016 | $64,500 | $61 | 455 | 72.8% | 4 |
| 2014 | $53,750 | $45 | 203 | 79.1% | 4 |
Over the recorded series, Hermits Cove’s median sold price moved from $53,750 (2014) to $140,000 (12 months ending 2026-08-30) — +160% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2014 at $53,750. The 2020–22 run-up did what it did everywhere — Hermits Cove’s median moved +129% from 2019 to 2022. Against the 2025 peak of $202,750, the current median stands at -31%. Annual sales volume here has ranged from 1 to 8 closings a year (10-yr average 5.7). With roughly 5.7 closings a year, Hermits Cove’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
Of the 16 recorded Hermits Cove closings since 2024, half landed between $149,000 and $225,000 (the middle two quartiles); the lowest recorded sale was $70,000 and the highest $335,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $100,000 | 1 (6%) | |
| $100,000 – $150,000 | 3 (19%) | |
| $150,000 – $200,000 | 4 (25%) | |
| $200,000 – $250,000 | 7 (44%) | |
| None and up | 1 (6%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($169 vs $112) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 929–1,002 sq ft | $169 | $162,000 | $70,000 – $205,000 | 5 |
| Mid-size homes 1,012–1,260 sq ft | $216 | $239,000 | $210,000 – $335,000 | 5 |
| Larger homes 1,316–1,610 sq ft | $112 | $158,000 | $107,000 – $225,000 | 6 |
From the live MLS feed as of 2026-09-03: The homes listed or recently sold were built between 1969 and 2023 (median 1987); none of the 9 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 12 ft). See the current Hermits Cove listings →
At Hermits Cove’s $140,000 median and Putnam County’s adopted 16.89 mills (FY2025-26), a home assessed at that price carries roughly $2,360 a year in property tax before exemptions, or about $1,690 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 Putnam County tax page.
Current asking prices run a median $269,950 against the $140,000 recorded sold median (+93%) — the gap between what sellers hope and what the record shows. The market is carrying about 3.4 months of supply at the current sales pace. Demand check: 0% of Hermits Cove’s listings are under contract, against 26% for ZIP 32189 and 22% for Putnam County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information. Momentum’s market-heat index for Hermits Cove reads 34/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
With asking prices running +93% over the recorded sold median, a Hermits Cove listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.
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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| School | Level | FLDOE grade |
|---|---|---|
| Browning-Pearce Elementary School (San Mateo) | K-6 -- confirm zoning by address | C (2025-26) |
| Palatka Jr.-Sr. High School | 7-12 -- confirm zoning by address | C (2025-26) |
Assignments and grades as recorded/published; both change — verify current zoning with the district before relying on it. Grades are the state’s official FLDOE ratings, reported as published.
More Hermits Cove: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Source: Data provided by realMLS. 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
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.