Fearnside Terrace
Homes for Sale in Palatka, FL

Fearnside Terrace is a small, older Palatka pocket of roughly 194 homes where the housing stock ranges from early-1900s to recent new construction, so the character shifts noticeably from street to street. The mid-century median and compact footprints define the baseline; condition defines everything else.

realMLS (Northeast Florida) sales records identify 5 homes in Fearnside Terrace that have changed hands since 2015, built between 1949 and 1970 (median 1964), with a median living area of about 1,858 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: realMLS (Northeast Florida) closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 6 qualified sales in Fearnside Terrace across 2024–2025 (4 in 2024, 2 in 2025), median $182,400 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Fearnside Terrace is too small for its own price trend, so here is the market around it.

In ZIP 32177, 144 homes are on the market and 23% are under contract — a steady corner of Palatka.

Across Putnam County, 721 homes are active and 156 pending (18% under contract).

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.

ZIP and county figures describe the wider market, not Fearnside Terrace specifically. Momentum Research analysis of MLS records.

The story here is age and range. A median year built of 1952 tells you the core of the neighborhood is mid-century, but the 1905-to-2023 span means you will find true vintage homes, post-war construction, and occasional new builds mixed together. That variety is the appeal for some buyers and the headache for others — there is no single product type to anchor expectations.

At roughly 58% homestead, a majority of owners occupy their homes, which tends to correlate with a more stable, lived-in inventory rather than a rental-heavy churn. Combined with the sub-1,600-square-foot median, this reads as a neighborhood of smaller owner-occupied houses where the winning purchases are the ones bought with a clear-eyed view of what the older structures need.

A market this varied rewards local, house-by-house judgment. We help buyers separate a home with good bones and honest updates from one carrying deferred work, and we help sellers position genuine improvements against a pool of older inventory. In Fearnside Terrace, the right read on condition and age is the whole game — that is where we spend our time.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.