Florida Housing IntelligencePutnam County › 32148 (Interlachen)
Aerial view of 32148, Florida

32148 (Interlachen)
Homes for Sale & Housing Market

ZIP code market report · Putnam County

Median sale price $141,700, up 9.9% year over year, with homes going under contract in about 49 days, 34 homes on the market.

4 communities reporting76 sales analyzedRefreshed twice dailyMomentum Score 46
Live Market Pulse
46/100
Momentum
Buyer's Opportunity
Buyers are negotiating roughly 8% off asking. Recalculated every day from licensed MLS data · last refresh September 15, 2026 at 7:33 PM ET.
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Live · 32148 Housing Pulse Licensed FL MLS feeds + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$142K
Median sold · 12 moConfidence: Medium
up 9.9% vs the prior 12 months
+9.9%
1-yr price change
n = 76 recent sales
$119/sf
Sold $/sqft · 12 mo
Putnam County: $164 · +2.5% vs prior yr
91.5%
Sale vs ask
Putnam County: 92.7% · +0.8pp vs prior yr
$220K
Putnam County home value
Zillow ZHVI, monthly · +0.9% vs a year ago
Tempo
6.9mo
Supply
3 to 6 months is the balanced band
49days
Median DOM · closed
Putnam County: 66 days · +7.0 days vs prior yr
21%
Under contract
Putnam County: 29%
34 · 9 ▲6
For sale · pending
live counts, refreshed twice daily
59
Sold · last 12 mo
closed across all tracked communities · -41.1% vs prior yr
Market context
26%
Listings with price cuts
Putnam County · Zillow · +0.1pp vs prior month
384
County for-sale inventory
Zillow, monthly · -1.0% vs prior month
8%
New construction
share of recent sales · -0.6pp vs prior yr
46/100
Momentum score
Buyer's Opportunity
4
Communities reporting
of 86 tracked in 32148
Economy & people · county layer
$47,256
Median household income
U.S. Census ACS, county
74,235
County population
+2.0% since 2018
4.7×
Price to income
county home value vs median income
73%
Owner-occupied
U.S. Census ACS, county
$1,196/yr
Median property tax
county, ACS
Licensed FL MLSZillow ResearchU.S. Census ACSPublic records
$3.5B+ sold 10,000+ customers served Top 1% in Florida · RealTrends 800+ five-star reviews Licensed FL MLS data Updated daily
Today's Take · September 15, 2026
Jon Brooks
Jon Brooks
Co-Founder, Momentum Realty · CEO, Momentum Research
Housing Market Analyst

Inventory sits at 6.9 months of supply — heavy by the 3-to-6-month balanced benchmark, and 21% of listed homes are already under contract. Prices are up 9.9% versus the prior year and sellers are still collecting 91.5% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.

What It Means

Who has leverage right now

BUYER'S SELLER'S 46
Momentum Score
Buyer leverage54
Seller leverage46

Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors neither side decisively.

Momentum Outlook
  • Prices — heavy supply keeps the pressure on sellers; softening is the path of least resistance.
  • Inventory — building over the tracked window; watch whether that holds through the season.
  • Negotiating power — buyers gain ground as 21% of inventory sits under contract.
  • Mortgage sensitivity — at 4.7× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.

Derived from current 32148 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.

Analysis

The read on 32148 (Interlachen)

The median sale price across 32148 currently stands at $141,700, up 9.9% from a year ago. Buyers are paying a median of $119 per square foot. The typical home goes under contract in about 49 days. Sellers are capturing 91.5% of their original asking price on average.

There are 34 active listings on the market, with 9 more already under contract. At the current sales pace that works out to 6.9 months of supply — a buyer-leaning market by the standard six-month benchmark. 59 homes closed here over the trailing 12 months.

Zillow's home value index for Putnam County stands at $220,059. About 26% 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 32148 is 46 of 100 — buyer's opportunity territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 15, 2026.

Trends & History

32148 since 2012 — and where it’s heading

A median home here sold for $30,415 in 2012 and $153,725 over the last recorded year — 405% appreciation across 14 years of recorded sales.

Median sale price · 2012–2026 (1,545 recorded sales)

$28K$97K$166K$154K2012: $30K2013: $37K2014: $64K2015: $41K2016: $41K2017: $58K2018: $55K2019: $57K2020: $66K2021: $84K2022: $133K2023: $136K2024: $163K2025: $145K2026: $154K20122015201920232026

Days on market by year

30d65d100d49d2012: 86d2013: 99d2014: 97d2015: 80d2016: 64d2017: 66d2018: 41d2019: 45d2020: 60d2021: 37d2022: 32d2023: 43d2024: 36d2025: 42d2026: 49d20122015201920232026

Home value trend · Putnam County (Zillow ZHVI)

$217K$220K$222K$220KJul '25: $218KAug '25: $218KSep '25: $217KOct '25: $217KNov '25: $217KDec '25: $218KJan '26: $218KFeb '26: $220KMar '26: $221KApr '26: $222KMay '26: $222KJun '26: $221KJul '26: $220KJul '25Oct '25Jan '26Apr '26Jul '26

For-sale inventory · county (Zillow)

362399436384Jul '25: 435Aug '25: 426Sep '25: 415Oct '25: 405Nov '25: 392Dec '25: 376Jan '26: 367Feb '26: 364Mar '26: 371Apr '26: 376May '26: 382Jun '26: 388Jul '26: 384Jul '25Oct '25Jan '26Apr '26Jul '26

Daily active vs pending · Putnam County (MLS)

79373668Jul 07 · Active: 399Aug 03 · Active: 403Aug 04 · Active: 400Aug 05 · Active: 399Aug 06 · Active: 394Aug 07 · Active: 397Aug 08 · Active: 400Aug 09 · Active: 400Aug 10 · Active: 393Aug 11 · Active: 389Aug 12 · Active: 387Aug 13 · Active: 387Aug 15 · Active: 397Aug 17 · Active: 397Aug 19 · Active: 398Aug 22 · Active: 392Aug 23 · Active: 392Aug 28 · Active: 395Aug 29 · Active: 399Aug 30 · Active: 396Aug 31 · Active: 393Sep 07 · Active: 643Sep 09 · Active: 643Sep 11 · Active: 652Sep 12 · Active: 652Sep 13 · Active: 651Sep 14 · Active: 651Sep 15 · Active: 657Jul 07Aug 19Sep 15ActivePending

Median price · daily recalculation

$142K$145K$148K$142KAug 06: $147KAug 08: $147KAug 09: $147KAug 10: $147KAug 11: $147KAug 12: $147KAug 13: $147KAug 15: $147KAug 17: $148KAug 18: $148KAug 19: $148KAug 20: $148KAug 21: $147KAug 22: $147KAug 23: $147KAug 24: $147KAug 26: $145KAug 28: $143KAug 29: $142KAug 30: $142KAug 31: $142KSep 01: $142KSep 04: $142KSep 05: $142KSep 06: $142KSep 07: $142KSep 08: $142KSep 09: $142KSep 10: $142KSep 11: $142KSep 12: $142KSep 13: $142KSep 14: $142KSep 15: $142KAug 06Aug 17Aug 28Sep 07Sep 15
Local Economics · county layer

What’s driving 32148

Who’s moving here
+1,111 net residents/yr

Movers arriving report ~$55,107 average income. Source: IRS SOI county-to-county migration, 2022-2023

Insurance reality check
$1,345/yr avg premium

550 Citizens policies in force in Putnam County — the state-backed insurer of last resort. Budget insurance into any Putnam purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026

Building pipeline
127 units permitted +16% YoY

91 single-family · 36 multi-family · 1.7 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025

Momentum Research Desk

The calls we’re making from today’s data

Biggest move
Interlachen ▲ 16%

The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.

What we’re telling clients today

Both sides have a case: buyers should negotiate on days-on-market, sellers should lean on the under-contract rate. Preparation, not the market, decides who wins a balanced tape.

Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.

Compare Markets

Nearby ZIP codes in Putnam

MarketMedianActiveScore
32148 ← this page$142K3446
31024$391K7446Open →
32666$365K3472Open →
32177$214K1452Open →
32112$270K1152Open →
32640$265K538Open →
Community Movers

Neighborhoods on the move

Prices rising fastest
InterlachenInterlachen$220K▲ 16%
Interlachen EstateInterlachen$142K▲ 9%
Prices cooling fastest
Interlachen EstateInterlachen$142K▼ 9%
InterlachenInterlachen$220K▼ 16%
Most homes for sale
Interlachen EstateInterlachen$142K34
Selling fastest
Interlachen EstateInterlachen$142K50 days
InterlachenInterlachen$220K52 days
Explore Deeper

Cities in this ZIP

Most active communities

Keep Going

Put this data to work

Plain Answers

The questions people actually ask

Should I buy a house in 32148 right now?

The data says conditions currently favor neither side decisively in 32148 — the Momentum Score reads 46/100 with 6.9 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 32148 becoming more affordable?

No — the median sale price in 32148 is $141,700, up 9.9% versus the prior year, while sellers still capture 91.5% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.

Where are prices falling fastest in 32148?

Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Interlachen Estate (9%); Interlachen (16%). 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 32148 neighborhoods are most competitive?

Measured by speed of sale, the fastest-moving tracked communities right now are Interlachen Estate (50 days); Interlachen (52 days) — homes there go under contract well ahead of the market-wide pace of 49 days.

Questions

32148 (Interlachen) housing market FAQ

How is the housing market in 32148 right now?

As of September 15, 2026, the 32148 housing market is roughly balanced: the median sale price is $141,700 (up 9.9% year over year), 34 homes are for sale against 59 sales in the last 12 months, which is 6.9 months of supply, and the typical home goes under contract in about 49 days.

How much is a house in 32148?

The median home sold for $141,700 in 32148 over the last 12 months, about $119 per square foot; asking prices on the 34 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.

Is it a good time to sell a house in 32148?

By the numbers, sellers in 32148 are getting 91.5% of asking price and going under contract in about 49 days with 6.9 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.

What is the 32148 housing market forecast?

Momentum Realty publishes the recorded trend, not a prediction: 32148 median sale prices are up 9.9% year over year, inventory stands at 6.9 months of supply, and 21% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.

What is the median home price in 32148?

The median sale price in 32148 is currently $141,700, up 9.9% from a year ago, based on MLS sales data updated September 15, 2026.

Is 32148 a buyer's or seller's market right now?

The data currently is roughly balanced. 32148 scores 46 of 100 on the Momentum Score, with 6.9 months of housing supply. Conditions change; this page updates daily.

How long do homes take to sell in 32148?

The typical home in 32148 goes under contract in about 49 days, per current MLS data.

How many homes are for sale in 32148?

There are approximately 34 active listings in 32148 as of September 15, 2026.

Are home prices in 32148 rising or falling?

Median sale prices are up 9.9% year over year based on a rolling comparison of MLS sales.

Put this data to work

Momentum agents use this intelligence every day to price listings and write winning offers across 32148 (Interlachen). Talk through what the numbers mean for your move.

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Methodology & Accountability

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: September 15, 2026 at 7:33 PM ET

Find homes What's my home worth?

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.

Selling in this ZIP? Weigh the numbers first: the Florida sell-now-or-wait scoreboard, why 201,552 Florida listings failed to sell in 12 months, and cash offer vs. listing, both numbers. Compiled from MLS records; deemed reliable but not guaranteed.