Crescent City
Housing Market
Median sale price $340,000, up 13.1% year over year, with homes going under contract in about 54 days.
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Housing Market Analyst
Prices are up 13.1% versus the prior year and sellers are still collecting 89.7% 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.
- Inventory — building over the tracked window; watch whether that holds through the season.
- 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 Crescent City data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
Where Crescent City is hot — and where it isn't
Each dot is a community (9 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on Crescent City
The median sale price across Crescent City currently stands at $340,000, up 13.1% from a year ago. Buyers are paying a median of $186 per square foot. The typical home goes under contract in about 54 days. Sellers are capturing 89.7% of their original asking price on average.
Crescent City prices sit above the Putnam County median by roughly 51%. 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 Crescent City is 55 of 100 — balanced market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of October 6, 2026.
Crescent City since 2012 — and where it’s heading
A median home here sold for $44,224 in 2012 and $398,176 over the last recorded year — 800% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (636 recorded sales)
Days on market by year
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 Crescent City
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
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.
How it stacks up across Putnam County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Crescent City ← this page | $340K | — | 55 | |
| Eatonton | $393K | 70 | 42 | Open → |
| Palatka | $292K | 8 | 55 | Open → |
| Hawthorne | $223K | 1 | 45 | Open → |
Neighborhoods on the move
| CliftonCrescent City | $340K | 26 days |
| Cypress LakesCrescent City | $400K | 27 days |
| Bishops CourtCrescent City | $214K | 55 days |
| LakecrestCrescent City | $185K | 75 days |
| Oak GroveCrescent City | $382K | 83 days |
Crescent City ZIP codes
Most active communities
More on Crescent City
Put this data to work
The questions people actually ask
Should I buy a house in Crescent City right now?
The data says conditions currently favor neither side decisively in Crescent City — the Momentum Score reads 55/100. 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 Crescent City becoming more affordable?
No — the median sale price in Crescent City is $340,000, up 13.1% versus the prior year, while sellers still capture 89.7% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Which Crescent City neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Clifton (26 days); Cypress Lakes (27 days); Bishops Court (55 days) — homes there go under contract well ahead of the market-wide pace of 54 days.
How does Crescent City compare to the rest of Putnam County?
Crescent City's median of $340,000 runs 51% above the county-wide median of $225,000, and homes here take 54 days to go under contract versus 57 county-wide.
Crescent City housing market FAQ
Is it a good time to sell a house in Crescent City?
By the numbers, sellers in Crescent City are getting 89.7% of asking price and going under contract in about 54 days. 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 Crescent City housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Crescent City median sale prices are up 13.1% year over year. 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 Crescent City?
The median sale price in Crescent City is currently $340,000, up 13.1% from a year ago, based on MLS sales data updated October 6, 2026.
Is Crescent City a buyer's or seller's market right now?
The data currently is roughly balanced. Crescent City scores 55 of 100 on the Momentum Score. Conditions change; this page updates daily.
How long do homes take to sell in Crescent City?
The typical home in Crescent City goes under contract in about 54 days, per current MLS data.
Are home prices in Crescent City rising or falling?
Median sale prices are up 13.1% 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 Crescent City. 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 6, 2026 at 7:22 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.