Hermits Cove
Homes for Sale in Satsuma, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Hermits Cove's numbers are being set by a mix of eras: homes here range from builds as old as 1950 through construction as recent as 2024, with a median year built of 1979. That spread means price and condition vary widely from one listing to the next, and it's why the median price of $140,000 works out to roughly $89.40 per square foot on a median home of 1,086 square feet — a figure that reflects the overall mix rather than any single home type.
With only 2 active listings against a base of 272 homes, this is a thin market — the current read is built on a trailing window of 7 closings, so any single sale can move the numbers. Median days on market sits at 82, months of supply is 3.4, and Momentum's market band reads balanced, but pricing is down 30.9% year over year, so sellers should expect buyers to negotiate on condition and comparables rather than assume last year's numbers still apply.
Hermits Cove right now
🟡 Balanced market. 3.4 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of realMLS records, as of July 14, 2026. Confidence: Medium (2 active and pending listings, 7 closed sales in 12 months).
🔴 Off the recent peak. The trailing-12-month median ($140K) is down 30.9% from the prior 12 months ($203K). With about 6 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level realMLS closed sales, 12-month windows ending July 14. Confidence: Medium (7 and 8 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 14, 2026 · Live data: realMLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Hermits Cove market snapshot (as of July 14, 2026): the median sale price is about $140K ($89 per sq ft over the trailing 12 months of closed sales), a median 82 days on market for closed sales, and 3.4 months of supply, a balanced market. The trailing-12-month median is down 31% from the prior 12 months, computed from record-level realMLS closed sales (7 closings in the current window).
Hermits Cove is a community of 272 homes in Satsuma, Putnam County, built between 1950 and 2024 (median 1979.0), with a median living area of about 1,086 square feet. 40% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Hermits Cove is a small, established Satsuma community in Putnam County built around fishing access, with 272 homes spanning construction from 1950 to 2024.
The setting & the homes.
Aerial and on-site photos of Hermits Cove. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Hermits CovePhotos from realMLS listings in Hermits Cove; content deemed reliable but not guaranteed.
Who Hermits Cove is best for.
Best for
- Buyers targeting the community's median price point of $140,000.
- Fishing-focused buyers who value direct water access over new construction.
- Investors comfortable with a homestead share of 40%, meaning a large share of homes here are not owner-occupied.
Probably not for
- Buyers who need a wide pool of active listings to compare, with only 2 currently on the market.
- Buyers focused strictly on new construction; homes here date back to 1950.
- Sellers expecting last year's pricing; the market is down 30.9% year over year.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 14 of each year, from record-level realMLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($140K) IS the median in the snapshot above, and the move from 2025 ($203K) IS the -30.9% one-year change.
Windows contain 1 to 8 sales each (7 in the current window); every figure carries its sample size, and thin markets swing on single closings. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
Hermits Cove Market Scorecard
Hermits Cove is currently a seller's market. About 3.4 months of supply, a median asking price of $274,900, and homes go under contract in about 48 days.
Typical home value in the 32189 ZIP is $204,891, about 3.7% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Hermits Cove
Live MLS inventory for Hermits Cove. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Hermits Cove listings as of 2026-07-14, priced high to low. Source: Data provided by realMLS. Tap any home to ask about it.
Hermits Cove on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from realMLS. Map data © OpenStreetMap, tiles © CARTO.
Life at Hermits Cove
- Fishing · reported on 1 of 1 listings
Community amenities as reported across realMLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
How far is everything?
Everyday stops around Hermits Cove are close: the nearest groceries is about 2 minutes away.
- Funky Gator Flea Market · Groceries2 min
- Chico's Mexican Restaurant · Dining3 min
- Murphy Creek Conservation Area · Parks3 min
- Gem City Coffee · Coffee3 min
- Putnam hospital · Health11 min
- Rivertown Suites Marketplace · Shopping13 min
Approximate drive times via Mapbox Search + Directions, 2026-07-03. Verify for a specific address.
Schools
- Putnam County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Browning-Pearce Elementary School (San Mateo)FLDOE grade C · K-6 -- confirm zoning by address
- Palatka Jr.-Sr. High SchoolFLDOE grade C · 7-12 -- confirm zoning by address
Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year and can change; always confirm with Putnam County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Hermits Cove address.
The Hermits Cove buying strategy.
If we were buying in Hermits Cove 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 Hermits Cove.
A Thin, Wide-Spread Market
The 40% homestead share here is worth reading closely — a majority of the 272 homes in Hermits Cove are not owner-occupied under Florida's homestead exemption, pointing to a meaningful share of second homes, rentals, or investment holdings mixed in with primary residences. That mix, combined with a year-built range running from 1950 to 2024, explains why per-square-foot pricing needs a case-by-case eye rather than a blanket community average.
Momentum's market heat score for Hermits Cove sits at 45, and the balanced market band lines up with 3.4 months of supply — not tight enough to favor sellers outright, not loose enough to hand buyers control. At a median of 82 days on market and only 7 closings feeding the current read, expect negotiating room, but expect it to be earned home by home rather than assumed community-wide.
The location and the amenities are priced into every listing in Hermits Cove. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Hermits Cove buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (2.6). Basis: Recent Direction -30.9% year-over-year; Liquidity & Demand 3.4 months of supply; Owner Commitment 40% owner-occupied; Pricing Power 83.3% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market this thin — 2 active listings, a window of 7 closings, and a 30.9% year-over-year swing — pricing a home in Hermits Cove correctly takes more than pulling a community-wide average. Momentum tracks the individual sales behind these numbers, not just the headline median, so sellers price against real comparables and buyers know whether a given listing is priced to this community's actual mix of condition and age.
Hermits Cove in 15 seconds.
HOA, CDD & Fees
- No CDD
- Mandatory HOA — confirm current dues
- 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.
Page states no CDD.
Tools for a Hermits Cove 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 Hermits Cove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Hermits Cove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Hermits Cove home worth?
Get a no-obligation home value based on real comparable sales in Hermits Cove, 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 homes for sale in Hermits Cove on the map →
Frequently Asked Questions
What is the median home price in Hermits Cove?
How long do homes in Hermits Cove take to sell?
Is Hermits Cove a buyer's or seller's market right now?
How many homes are in Hermits Cove?
What share of Hermits Cove is owner-occupied?
When were the homes in Hermits Cove built?
Do cash buyers compete in Hermits Cove?
What schools serve Hermits Cove?
Who is the best real estate agent for Hermits Cove?
How do I find a top Satsuma real estate agent who knows Hermits Cove?
Can Momentum Realty connect me with an agent for Hermits Cove?
Should you buy in Hermits Cove?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Hermits Cove with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | realMLS, refreshed twice daily (last: July 14, 2026) |
| Community market stats | realMLS closed sales, 12-month windows ending July 14, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (9 streets, ZIP 32177/32189)) |
| Under-contract shares | realMLS records, as of 2026-07-12 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2001 (127 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 your area comps.
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