Hermits Cove
Homes for Sale in Satsuma, FL
All 62 homes for sale in Satsuma, FL · median $237,450 · 77 homes for sale in 32189 · Putnam County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo courtesy of REAL BROKER LLC · via realMLS
As of October 2026, Hermits Cove in Satsuma, FL has 1 home for sale. Over the 12 months ending 2026-10-23, 6 recorded sales closed at a median of $146,000, $115 per square foot, a median 80 days on market, sellers accepting 87% of original asking (-17% versus the prior year). Homes listed or recently sold were built 1969–2023; none of the 8 geocoded homes sit in a FEMA special flood hazard zone (median elevation 12 ft). At the median price and Putnam County's FY2025-26 rate of 16.89 mills, annual property tax runs about $2,470 ($1,790 with the full homestead exemption).
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.
Figures in this note are as of July 15, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Hermits Cove right now
🟡 Balanced market. 2.0 months of supply and 50% 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 October 23, 2026. Confidence: Medium (2 active and pending listings, 6 closed sales in 12 months).
🔴 Off the recent peak. The trailing-12-month median ($146K) is down 17.0% from the prior 12 months ($176K). 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 October 23. Confidence: Low (6 and 5 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 24, 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 October 23, 2026): the median sale price is about $146K ($115 per sq ft over the trailing 12 months of closed sales), a median 81 days on market for closed sales, and 2.0 months of supply, a balanced market. The trailing-12-month median is down 17% from the prior 12 months, computed from record-level realMLS closed sales (6 closings in the current window).
In ZIP 32189 (Satsuma), 57 homes closed in the last 12 months at a median of $191K ($155/sq ft), up 7.4% year over year, with a median 68 days on market. Right now 16 active and 3 pending listings put supply at about 5.8 months — a buyer's market. See the live ZIP 32189 housing market and the Putnam County market.
County records show 8 qualified sales in Hermits Cove across 2024–2025 (6 in 2024, 2 in 2025), median $142,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Hermits Cove is a community of 136 homes in Satsuma, Putnam County, built between 1955 and 2023 (median 1976.5), with a median living area of about 1,063 square feet. 38% 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 October 23 of each year, from record-level realMLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($146K) IS the median in the snapshot above, and the move from 2025 ($176K) IS the -17.0% one-year change.
Windows contain 1 to 9 sales each (6 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.
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.
18% of homes for sale in ZIP 32189 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-23).
Hermits Cove Market Scorecard
Hermits Cove is currently a balanced market. About 2.0 months of supply, a median asking price of $249,900, and homes go under contract in about 151 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. 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 2026-10-21, 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 contributors.
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.
Nearby Communities
Explore more neighborhoods near Hermits Cove with Momentum Realty’s local guides.
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.
Shop the zone: Homes zoned for Palatka High School
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 (3.8). Basis: Recent Direction -17.0% year-over-year; Liquidity & Demand 2.0 months of supply; Owner Commitment 38% owner-occupied; Pricing Power 87.3% 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.
What it really costs to own in Hermits Cove
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $1,353/yr across 5 listings here (MLS tax records, 2026-10-24). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Putnam County is $1,345/yr (550 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1984 across 6 listings. An original roof here would be about 42 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Hermits Cove
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Hermits Cove
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Hermits Cove will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- No CDD
- HOA status not on record. Verify any dues before you offer
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 all homes for sale in Satsuma →
Recently off market in Hermits Cove
Homes in Hermits Cove that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 5 on record.
- 118 Hermits Drive · off market
- 134 Magnolia Street · off market
- 139 Magnolia Street · off market
- 210 Camellia Drive · off market
- 216 Camellia Drive · off market
| Location | Satsuma, Putnam County, FL · ZIP 32189 |
|---|---|
| Homes in the community | 136 (FL DOR 2025 assessment roll) |
| Years built | 1955–2023 (median 1976.5) |
| Typical living area | 1,063 sq ft (median) |
| Home types (current listings and sales) | mobile homes 88%, single-family 12% |
| Amenities listed by sellers | Fishing |
| Sale prices, last 12 months | $146,000 median across 6 closed sales · $115 per sq ft · -17.0% vs the prior 12 months |
| Days on market (closed sales) | 80 median |
| For sale right now | 1 active, 1 pending · median asking $249,900 · 2.0 months of supply |
| Owner-occupied (homestead) share | 38% |
| Zoned public schools | Browning-Pearce Elementary School (San Mateo) (C, FLDOE 2025-26); Palatka Jr.-Sr. High School (C, FLDOE 2025-26) |
Data as of October 23, 2026. Data provided by realMLS; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Hermits Cove key facts,” movewithmomentum.com/neighborhoods/hermits-cove-satsuma, data as of October 23, 2026.
Housing distress & ownership in Hermits Cove, Satsuma
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.
Every Home for Sale in Hermits Cove Satsuma Right Now (2)
All 2 active and pending Hermits Cove Satsuma listings with a detail page, newest first, refreshed twice a day from the MLS.
- 418 Cove Drive · $275,000 · 3 bd / 2 ba · pending · listed Aug 28, 2026 · listed by Real Broker Llc
- 117 Camellia Drive · $249,900 · 2 bd / 1 ba · listed Jul 29, 2026 · listed by Florida Homes Realty & Mtg Llc
Recently sold in Hermits Cove Satsuma
- 139 Magnolia Street · sold $70,000
- 118 Hermits Drive · sold $107,000
- 210 Camellia Drive · sold $152,000
- 134 Magnolia Street · sold $239,000
- 216 Camellia Drive · sold $140,000
- 418 Cove Drive · sold $225,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
More Satsuma home searches
- All homes for sale in Satsuma, FL
- Homes for sale in Putnam County, FL
- Satsuma waterfront homes for sale
- Homes under $300K in Satsuma
- Homes from $300K to $500K in Satsuma
- ZIP 32189 housing scorecard
Satsuma guides & data
Florida buyer guides
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?
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?
Where is Hermits Cove, and what county is it in?
How far is Hermits Cove from downtown Jacksonville and the beach?
Is Hermits Cove a good place to live?
Should you buy in Hermits Cove?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | realMLS, refreshed twice daily (last: October 21, 2026) |
| Community market stats | realMLS closed sales, 12-month windows ending October 23, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32177/32189)) |
| Under-contract shares | realMLS records, as of 2026-10-20 |
| 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?
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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.
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See how Hermits Cove fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Hermits Cove
- Home values · What homes in Hermits Cove actually sell for