32177 (Palatka)
Housing Market & Home Values
Median sale price $307,500, down 2.7% year over year, with homes going under contract in about 64 days, 13 homes on the market.
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Housing Market Analyst
Inventory sits at 5.3 months of supply — balanced by the 3-to-6-month balanced benchmark, and 22% of listed homes are already under contract. Prices are down 2.7% versus the prior year, but sellers are still collecting 93.5% 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 neither side decisively.
- Prices — balanced supply argues for a sideways market; condition and pricing decide individual outcomes.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 22% of inventory sits under contract.
- Mortgage sensitivity — at 4.6× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 32177 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
Where 32177 is hot — and where it isn't
Each dot is a community (31 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on 32177 (Palatka)
The median sale price across 32177 currently stands at $307,500, down 2.7% from a year ago. Buyers are paying a median of $185 per square foot. The typical home goes under contract in about 64 days. Sellers are capturing 93.5% of their original asking price on average.
There are 13 active listings on the market, with 2 more already under contract. At the current sales pace that works out to 5.3 months of supply — roughly balanced conditions by the standard six-month benchmark. 53 homes closed here over the trailing 12 months.
Zillow's home value index for Putnam County stands at $218,349. 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 32177 is 45 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 October 5, 2026.
32177 since 2012 — and where it’s heading
A median home here sold for $69,834 in 2012 and $305,334 over the last recorded year — 337% appreciation across 14 years of recorded sales. Cash buyers took 56% of recent sales, down from a 56% peak.
Median sale price · 2012–2026 (2,066 recorded sales)
Days on market by year
Cash buyers · share of sales
Home value trend · Putnam County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Putnam County (MLS)
Median price · daily recalculation
What’s driving 32177
Movers arriving report ~$55,107 average income. Source: IRS SOI county-to-county migration, 2022-2023
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
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
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.
The most crowded shelf in the market. Sellers here are competing hardest — which means overpaying in this band is the most avoidable mistake in 32177 right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
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.
Nearby ZIP codes in Putnam
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 32177 ← this page | $308K | 13 | 45 | |
| 31024 | $393K | 73 | 43 | Open → |
| 32666 | $370K | 32 | 53 | Open → |
| 32640 | $190K | 5 | 41 | Open → |
Neighborhoods on the move
| St Johns Harbor 3Palatka | $172K | ▲ 33% |
| Eagle CreekSt. Augustine | $365K | ▲ 22% |
| Dicks MapPalatka | $136K | ▲ -9% |
| PalatkaPalatka | $214K | ▲ -16% |
| THE MEADOWSSarasota | $490K | ▲ -21% |
| THE MEADOWSSarasota | $490K | ▼ 21% |
| PalatkaPalatka | $214K | ▼ 16% |
| Dicks MapPalatka | $136K | ▼ 9% |
| Eagle CreekSt. Augustine | $365K | ▼ 22% |
| St Johns Harbor 3Palatka | $172K | ▼ 33% |
| Eagle CreekSt. Augustine | $365K | 5 |
| RuddsPalatka | $292K | 1 |
| THE MEADOWSSarasota | $490K | 1 |
| Glen St JohnsPalatka | $485K | 25 days |
| Dicks MapPalatka | $136K | 31 days |
| Eagle CreekSt. Augustine | $365K | 36 days |
| Nobles CrossingPalatka | $329K | 50 days |
| St Johns Harbor 3Palatka | $172K | 52 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 32177 right now?
The data says conditions currently favor neither side decisively in 32177 — the Momentum Score reads 45/100 with 5.3 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 32177 becoming more affordable?
Yes, modestly — the median sale price in 32177 is $307,500, down 2.7% versus the prior year, while sellers still capture 93.5% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in 32177?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are THE MEADOWS (-21%); Palatka (-16%); Dicks Map (-9%). 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 32177 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Glen St Johns (25 days); Dicks Map (31 days); Eagle Creek (36 days) — homes there go under contract well ahead of the market-wide pace of 64 days.
Momentum Realty in Palatka 32177: our agents closed 30 homes here for buyers and sellers in the last 12 months (13 as the listing brokerage, 13 representing the buyer, 4 on both sides), median sale $204,000 (brokerage closed records through October 2026). Find a Momentum agent near Palatka →
32177 (Palatka) housing market FAQ
How is the housing market in 32177 right now?
As of October 5, 2026, the 32177 housing market is roughly balanced: the median sale price is $307,500 (down 2.7% year over year), 13 homes are for sale against 53 sales in the last 12 months, which is 5.3 months of supply, and the typical home goes under contract in about 64 days.
How much is a house in 32177?
The median home sold for $307,500 in 32177 over the last 12 months, about $185 per square foot; asking prices on the 13 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 32177?
By the numbers, sellers in 32177 are getting 93.5% of asking price and going under contract in about 64 days with 5.3 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 32177 housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: 32177 median sale prices are down 2.7% year over year, inventory stands at 5.3 months of supply, and 22% 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 32177?
The median sale price in 32177 is currently $307,500, down 2.7% from a year ago, based on MLS sales data updated October 5, 2026.
Is 32177 a buyer's or seller's market right now?
The data currently is roughly balanced. 32177 scores 45 of 100 on the Momentum Score, with 5.3 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 32177?
The typical home in 32177 goes under contract in about 64 days, per current MLS data.
How many homes are for sale in 32177?
There are approximately 13 active listings in 32177 as of October 5, 2026.
Are home prices in 32177 rising or falling?
Median sale prices are down 2.7% year over year based on a rolling comparison of MLS sales.
How many homes has Momentum Realty sold in Palatka 32177?
Momentum Realty's agents closed 30 homes in Palatka 32177 for buyers and sellers in the last 12 months (13 as the listing brokerage, 13 representing the buyer, 4 on both sides), median sale $204,000 (brokerage closed records through October 2026). The count is our brokerage's own closed transactions and is refreshed nightly; it is not a market total.
Momentum agents use this intelligence every day to price listings and write winning offers across 32177 (Palatka). 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: October 5, 2026 at 1:44 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.