Palatka
Housing Market
Median sale price $217,444, up 3.0% year over year, with homes going under contract in about 64 days, 10 homes on the market.
Momentum ▼1
Your exact situation run against today's numbers: true comps, negotiation targets, and the off-market homes portals never show.
Selling instead? See what your home is worth today →
Housing Market Analyst
Inventory sits at 4.2 months of supply — balanced by the 3-to-6-month balanced benchmark, and 21% of listed homes are already under contract. Prices are up 3.0% versus the prior year and sellers are still collecting 92.3% 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 — tightening 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 Palatka data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
Where Palatka is hot — and where it isn't
Each dot is a community (25 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on Palatka
The median sale price across Palatka currently stands at $217,444, up 3.0% from a year ago. Buyers are paying a median of $160 per square foot. The typical home goes under contract in about 64 days. Sellers are capturing 92.3% of their original asking price on average.
There are 10 active listings on the market, with 7 more already under contract. At the current sales pace that works out to 4.2 months of supply — roughly balanced conditions by the standard six-month benchmark. 41 homes closed here over the trailing 12 months.
Palatka prices sit above the Putnam County median by roughly 9%. 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 Palatka is 49 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 August 26, 2026.
Palatka since 2012 — and where it’s heading
A median home here sold for $64,676 in 2012 and $226,758 over the last recorded year — 251% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (1,635 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 Palatka
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.
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 | |
|---|---|---|---|---|
| Palatka ← this page | $217K | 10 | 49 | |
| Interlachen | $145K | 30 | 51 | Open → |
| Satsuma | $160K | 14 | 41 | Open → |
| Hawthorne | $275K | 1 | 55 | Open → |
Neighborhoods on the move
| St Johns Harbor 3Palatka | $172K | ▲ 33% |
| Dicks MapPalatka | $162K | ▲ 30% |
| PalatkaPalatka | $217K | ▲ -11% |
| PalatkaPalatka | $217K | ▼ 11% |
| Dicks MapPalatka | $162K | ▼ 30% |
| St Johns Harbor 3Palatka | $172K | ▼ 33% |
| Nobles CrossingPalatka | $329K | 3 |
| RuddsPalatka | $292K | 1 |
| Dicks MapPalatka | $162K | 20 days |
| PalatkaPalatka | $217K | 44 days |
| St Johns Harbor 3Palatka | $172K | 52 days |
Palatka ZIP codes
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in Palatka right now?
The data says conditions currently favor neither side decisively in Palatka — the Momentum Score reads 49/100 with 4.2 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 Palatka becoming more affordable?
No — the median sale price in Palatka is $217,444, up 3.0% versus the prior year, while sellers still capture 92.3% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in Palatka?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Palatka (-11%); Dicks Map (30%); St Johns Harbor 3 (33%). 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 Palatka neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Dicks Map (20 days); Palatka (44 days); St Johns Harbor 3 (52 days) — homes there go under contract well ahead of the market-wide pace of 64 days.
How does Palatka compare to the rest of Putnam County?
Palatka's median of $217,444 runs 9% above the county-wide median of $199,900, and homes here take 64 days to go under contract versus 60 county-wide.
Palatka housing market FAQ
What is the median home price in Palatka?
The median sale price in Palatka is currently $217,444, up 3.0% from a year ago, based on MLS sales data updated August 26, 2026.
Is Palatka a buyer's or seller's market right now?
The data currently is roughly balanced. Palatka scores 49 of 100 on the Momentum Score, with 4.2 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in Palatka?
The typical home in Palatka goes under contract in about 64 days, per current MLS data.
How many homes are for sale in Palatka?
There are approximately 10 active listings in Palatka as of August 26, 2026.
Are home prices in Palatka rising or falling?
Median sale prices are up 3.0% 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 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: August 26, 2026 at 8:37 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.