Palatka
Housing Market
Median sale price $291,720, up 13.4% year over year, with homes going under contract in about 52 days, 130 homes on the market.
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Housing Market Analyst
Inventory sits at 4.7 months of supply — balanced by the 3-to-6-month balanced benchmark, and 32% of listed homes are already under contract. Prices are up 13.4% versus the prior year and sellers are still collecting 96.4% 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 — building over the tracked window; watch whether that holds through the season.
- Negotiating power — sellers hold the leverage while 32% 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 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 (20 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 $291,720, up 13.4% from a year ago. Buyers are paying a median of $180 per square foot. The typical home goes under contract in about 52 days. Sellers are capturing 96.4% of their original asking price on average.
There are 130 active listings on the market, with 29 more already under contract. At the current sales pace that works out to 4.7 months of supply — roughly balanced conditions by the standard six-month benchmark. 40 homes closed here over the trailing 12 months.
Palatka prices sit above the Putnam County median by roughly 8%. Zillow's home value index for Putnam County stands at $216,313. 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 64 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 26, 2026.
Palatka since 2015 — and where it’s heading
A median home here sold for $49,125 in 2015 and $283,961 over the last recorded year — 478% appreciation across 11 years of recorded sales.
Median sale price · 2015–2026 (592 recorded 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 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.
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.
How it stacks up across Putnam County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Palatka ← this page | $292K | 9 | 64 | |
| Eatonton | $393K | 70 | 42 | Open → |
| Satsuma | $185K | 16 | 38 | Open → |
| Hawthorne | $325K | 1 | 52 | Open → |
Neighborhoods on the move
| St Johns Harbor 3Palatka | $172K | ▲ 33% |
| Dicks MapPalatka | $136K | ▲ -20% |
| Dicks MapPalatka | $136K | ▼ 20% |
| St Johns Harbor 3Palatka | $172K | ▼ 33% |
| RuddsPalatka | $292K | 1 |
| Nobles CrossingPalatka | $327K | 50 days |
| St Johns Harbor 3Palatka | $172K | 52 days |
| SpringfieldPalatka | $402K | 61 days |
| Dicks MapPalatka | $136K | 126 days |
Palatka ZIP codes
Most active communities
More on Palatka
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 64/100 with 4.7 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 $291,720, up 13.4% versus the prior year, while sellers still capture 96.4% 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 Dicks Map (-20%); 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 Nobles Crossing (50 days); St Johns Harbor 3 (52 days); Springfield (61 days) — homes there go under contract well ahead of the market-wide pace of 52 days.
How does Palatka compare to the rest of Putnam County?
Palatka's median of $291,720 runs 8% above the county-wide median of $269,900, and homes here take 52 days to go under contract versus 54 county-wide.
Palatka housing market FAQ
How is the housing market in Palatka right now?
As of October 26, 2026, the Palatka housing market favors sellers: the median sale price is $291,720 (up 13.4% year over year), 130 homes are for sale against 40 sales in the last 12 months, which is 4.7 months of supply, and the typical home goes under contract in about 52 days.
How much is a house in Palatka?
The median home sold for $291,720 in Palatka over the last 12 months, about $180 per square foot; asking prices on the 130 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 Palatka?
By the numbers, sellers in Palatka are getting 96.4% of asking price and going under contract in about 52 days with 4.7 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 Palatka housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Palatka median sale prices are up 13.4% year over year, inventory stands at 4.7 months of supply, and 32% 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 Palatka?
The median sale price in Palatka is currently $291,720, up 13.4% from a year ago, based on MLS sales data updated October 26, 2026.
Is Palatka a buyer's or seller's market right now?
The data currently favors sellers. Palatka scores 64 of 100 on the Momentum Score, with 4.7 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 52 days, per current MLS data.
How many homes are for sale in Palatka?
There are approximately 130 active listings in Palatka as of October 26, 2026.
Are home prices in Palatka rising or falling?
Median sale prices are up 13.4% 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: October 26, 2026 at 10:07 AM 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.
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