32040 (Glen St. Mary)
Housing Market
Median sale price $455,000, up 36.0% year over year, with homes going under contract in about 55 days, 8 homes on the market.
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Housing Market Analyst
Inventory sits at 4.8 months of supply — balanced by the 3-to-6-month balanced benchmark, and 31% of listed homes are already under contract. Prices are up 36.0% versus the prior year and sellers are still collecting 95.4% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors sellers.
- Prices — balanced supply argues for a sideways market; condition and pricing decide individual outcomes.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — sellers hold the leverage while 31% of inventory sits under contract.
- Mortgage sensitivity — at 4.5× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 32040 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on 32040 (Glen St. Mary)
The median sale price across 32040 currently stands at $455,000, up 36.0% from a year ago. Buyers are paying a median of $230 per square foot. The typical home goes under contract in about 55 days. Sellers are capturing 95.4% of their original asking price on average.
There are 8 active listings on the market, with 4 more already under contract. At the current sales pace that works out to 4.8 months of supply — roughly balanced conditions by the standard six-month benchmark. 20 homes closed here over the trailing 12 months.
Zillow's home value index for Baker County stands at $321,619. About 31% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 32040 is 62 of 100 — balanced market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of August 6, 2026.
32040 since 2012 — and where it’s heading
A median home here sold for $114,807 in 2012 and $384,570 over the last recorded year — 235% appreciation across 14 years of recorded sales. Cash buyers took 12% of recent sales, down from a 35% peak.
Median sale price · 2012–2026 (464 recorded sales)
Days on market by year
Cash buyers · share of sales
Home value trend · Baker County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Baker County (MLS)
What’s driving 32040
Movers arriving report ~$55,835 average income. Source: IRS SOI county-to-county migration, 2022-2023
224 Citizens policies in force in Baker County — the state-backed insurer of last resort. Budget insurance into any Baker purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
99 single-family · 22 multi-family · 4.3 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
Sellers: price to the last 60 days of comps, not the peak — well-prepared listings are still commanding strong terms. Buyers: get underwritten now so you can move when the right house hits.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Baker
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 32040 ← this page | $455K | 8 | 62 | |
| 32063 | $290K | 15 | 46 | Open → |
Neighborhoods on the move
| GreystoneGlen St. Mary | $280K | ▲ -2% |
| GreystoneGlen St. Mary | $280K | ▼ 2% |
| GreystoneGlen St. Mary | $280K | 8 |
| Glen St MaryGlen St. Mary | $455K | 28 days |
| GreystoneGlen St. Mary | $280K | 94 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 32040 right now?
The data says conditions currently favor neither side decisively in 32040 — the Momentum Score reads 62/100 with 4.8 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 32040 becoming more affordable?
No — the median sale price in 32040 is $455,000, up 36.0% versus the prior year, while sellers still capture 95.4% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in 32040?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Greystone (-2%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which 32040 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Glen St Mary (28 days); Greystone (94 days) — homes there go under contract well ahead of the market-wide pace of 55 days.
32040 (Glen St. Mary) housing market FAQ
What is the median home price in 32040?
The median sale price in 32040 is currently $455,000, up 36.0% from a year ago, based on MLS sales data updated August 6, 2026.
Is 32040 a buyer's or seller's market right now?
The data currently favors sellers. 32040 scores 62 of 100 on the Momentum Score, with 4.8 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 32040?
The typical home in 32040 goes under contract in about 55 days, per current MLS data.
How many homes are for sale in 32040?
There are approximately 8 active listings in 32040 as of August 6, 2026.
Are home prices in 32040 rising or falling?
Median sale prices are up 36.0% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 32040 (Glen St. Mary). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: August 6, 2026 at 7:18 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.