Deerwood
Homes for Sale in Palatka, FL
All 106 homes for sale in Palatka, FL · median $255,500 · 112 homes for sale in 32177 · Putnam County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of October 2026, the MLS records 13 closed sales in Deerwood in Palatka, FL since 2003, the most recent in September 2021. Across Palatka as a whole, 43 homes closed in the last 12 months at a median of $291,720, 62 median days on market, with 7 homes for sale today. At that median and Putnam County's FY2025-26 rate of 16.89 mills, annual property tax runs about $4,930 ($4,250 with the full homestead exemption).
Deerwood is a small, stable pocket in Palatka — just 45 homes, most owner-occupied, with roughly 80% carrying a homestead exemption. That mix tells you a lot: this is a hold-and-live community, not a churn of investor flips, so listings tend to be spaced out and each one carries real weight in the local picture.
With homes built between 1989 and 2023 and a median year built of 1994, price here is driven far more by condition and updates than by any single formula. A carefully maintained or renovated home and a dated original will not trade at the same number even at similar square footage. Sellers should price to their actual condition; buyers should underwrite the work a specific house does or doesn't need rather than assume a neighborhood 'rate.'
Nearby homes for sale
No active listings inside Deerwood right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Deerwood market snapshot (as of October 1, 2026): the median sale price is about $829K ($257 per sq ft over the trailing 12 months of closed sales), and a median 33 days on market for closed sales.
In ZIP 32177 (Palatka), 240 homes closed in the last 12 months at a median of $308K ($180/sq ft), down 2.9% year over year, with a median 64 days on market. Right now 13 active and 4 pending listings put supply at about 5.3 months — a buyer's market. See the live ZIP 32177 housing market and the Putnam County market.
Deerwood is a community of 20 homes in Palatka, Putnam County, built between 1989 and 2023 (median 1993.0), with a median living area of about 1,672 square feet. 90% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Deerwood is a compact, predominantly owner-occupied enclave in Palatka with a median home built in 1994 and a typical living area around 1,693 square feet — mid-size homes on a range of vintages rather than a uniform tract.
Who Deerwood is best for.
Best for
- Long-horizon buyers who plan to occupy and hold rather than trade in a few years
- Buyers targeting a mid-size home who can be patient for the right listing
- Buyers comfortable underwriting a specific home's condition and update needs
Probably not for
- Buyers who need to close fast and can't wait out thin inventory
- Investors looking for high turnover or quick flip velocity
- Buyers who want many comparable listings to choose from at any given time
Price History: What Homes Here Have Actually Sold For
Closed sales in Deerwood by trailing-12-month window ending October 1 of each year, from realMLS (Northeast Florida MLS) closing records. 41 homes closed in the current window at a median of $829,000. Aggregates only; individual closed sales are not shown.
| Window | Closings | Median sold | $ / sq ft | Median DOM | Typical size |
|---|---|---|---|---|---|
| 2026 | 41 | $829,000 | $257 | 33 days | 3,116 sq ft |
Source: realMLS closed listings, aggregated by Momentum Research. Deemed reliable but not guaranteed.
Housing distress & ownership in Deerwood, Palatka
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
The Deerwood buying strategy.
If we were buying in Deerwood today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Deerwood.
A small pool where condition sets the number
The span of construction years — 1989 through 2023 — is the detail that matters most here. In a 45-home community you will find original-era houses alongside much newer builds, and the gap in finish, systems, and mechanicals between them can be wide. That variability means the median price you see is a midpoint across meaningfully different products, not a going rate you can apply house to house.
The high homestead share signals a community that turns over slowly and is lived in rather than traded. For buyers, that means patience — inventory is thin and you may wait for the right home rather than choose among many. For sellers, it means your home is often being measured against a limited, uneven set of comparables, which puts a premium on presentation, documented updates, and honest condition disclosure.
The location and the amenities are priced into every listing in Deerwood. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 45-home community with a wide build range, the comps do the heavy lifting and there aren't many of them. We read each sale for what it actually was — updated or original, larger or smaller than the ~1,693-square-foot median — instead of leaning on a single neighborhood average. That keeps sellers from mispricing to condition and keeps buyers from overpaying for the wrong house in a thin market.
Deerwood in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Deerwood buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Deerwood sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Deerwood, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Deerwood home worth?
Get a no-obligation home value based on real comparable sales in Deerwood, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Palatka →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Putnam County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Putnam County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Frequently Asked Questions
What is the median home price in Deerwood?
How long do homes in Deerwood take to sell?
How many homes are in Deerwood?
What share of Deerwood is owner-occupied?
When were the homes in Deerwood built?
Who is the best real estate agent for Deerwood?
How do I find a top Palatka real estate agent who knows Deerwood?
Can Momentum Realty connect me with an agent for Deerwood?
Where is Deerwood, and what county is it in?
How far is Deerwood from downtown Jacksonville and the beach?
Should you buy in Deerwood?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | realMLS closed sales, 12-month windows ending October 1, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32177)) |
| Under-contract shares | realMLS records, as of 2026-10-01 |
| Historical depth | Closed-sale records back to 2003 (13 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the realMLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
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See how Deerwood fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Deerwood with Momentum Realty’s local guides.
Schools serving nearby communities
We do not have a confirmed school assignment for Deerwood. These are the public schools most often assigned to other communities in ZIP 32177; zones change and vary by address, so confirm with the district before you buy.
- Palatka High School · High (assigned to 7 nearby communities)
- Robert H. Jenkins Junior Middle School or C. L. Overturf Jr. 6th Grade Center · Middle (assigned to 7 nearby communities)
- James A. Long Elementary School · PreK-5 (Putnam, Palatka area) · FLDOE grade B (assigned to 5 nearby communities)
- Palatka Jr.-Sr. High School · 7-12 (assigned to 4 nearby communities)
- William D. Moseley Elementary School · Elementary · FLDOE grade C (assigned to 3 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).