San Mateo
Homes for Sale in Satsuma, FL
All 55 homes for sale in Satsuma, FL · median $239,900 · 68 homes for sale in 32189 · Putnam County homes for sale
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-11-12, 3 recorded sales closed at a median of $300,000, $231 per square foot, a median 118 days on market, sellers accepting 92% of original asking. At the median price and Putnam County's FY2025-26 rate of 16.89 mills, annual property tax runs about $5,070 ($4,390 with the full homestead exemption).
San Mateo's 307 homes span a build era from 1890 to 2024, and that spread is the real price driver here — not a subdivision-wide amenity package or a single construction vintage. With a median build year of 1984 and no clubhouse, pool, or other community amenity identified in current MLS records, buyers are pricing the house and the lot on their own merits, not a shared feature set.
For sellers, that means condition and updates carry more weight than they would in a newer, uniform subdivision. For buyers, it means due diligence on the individual property matters more than comparing amenity packages — this is a market where you evaluate each home on its own history, not the neighborhood's.
Figures in this note are as of July 15, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside San Mateo 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
San Mateo market snapshot (as of November 12, 2026): the median sale price is about $300K ($231 per sq ft over the trailing 12 months of closed sales), and a median 118 days on market for closed sales.
In ZIP 32189 (Satsuma), 58 homes closed in the last 12 months at a median of $191K ($155/sq ft), up 8.5% year over year, with a median 65 days on market. Right now 13 active and 3 pending listings put supply at about 2.7 months — a balanced market. See the live ZIP 32189 housing market and the Putnam County market.
County records show 8 qualified sales in San Mateo across 2024–2025 (4 in 2024, 4 in 2025), median $250,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
San Mateo is a community of 64 homes in Satsuma, Putnam County, built between 1955 and 2023 (median 1985), with a median living area of about 1,598 square feet. 45% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
San Mateo is a compact, long-settled pocket of Satsuma in Putnam County, where 307 homes date as far back as 1890 and as recently as 2024 — an individually built neighborhood rather than a single-era subdivision.
Who San Mateo is best for.
Best for
- Buyers focused on the house and lot itself rather than a shared amenity package
- Owner-occupants planning to hold long-term in a majority homestead-exemption market
- Buyers comfortable evaluating each property's individual construction era and condition on its own
Probably not for
- Buyers who want a single-era, amenity-anchored subdivision with uniform comps
- Buyers relying on a clubhouse, pool, or other shared community amenity
- Buyers who want turnkey comparables without doing home-by-home due diligence
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending November 12 of each year, from record-level realMLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($300K) IS the median in the snapshot above.
Windows contain 1 to 7 sales each (3 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.
17% 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 (2026-11-12).
The San Mateo buying strategy.
If we were buying in San Mateo 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 San Mateo.
A market built home by home, not phase by phase
Look at the numbers and the story is age diversity, not age uniformity. San Mateo's 307 homes were built anywhere between 1890 and 2024, with a median build year of 1984 landing squarely in the middle of that range. The typical home runs 1,691.5 square feet of living space — a size that works for a range of layouts, but one that varies from property to property given how much the construction era differs.
Ownership here leans toward long-term residency: 56.5% of homes carry a homestead exemption, meaning more than half the housing stock is owner-occupied rather than held as investment or seasonal property. There is no clubhouse, pool, or other community amenity identified in current MLS listings — San Mateo is not an amenity-driven market. What you're buying is the house, the lot, and its maintenance history, full stop.
The location and the amenities are priced into every listing in San Mateo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this age-diverse — homes built from 1890 through 2024, with a median year of 1984 and no shared amenity package to anchor comparisons — pricing has to be built home by home. Momentum's agents pull real comps on condition and updates rather than leaning on a subdivision average, and we'll tell you directly when a property's age or history changes the math.
San Mateo in 15 seconds.
Tools for a San Mateo buy.
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Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed San Mateo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in San Mateo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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See all homes for sale in Satsuma →
More Satsuma home searches
- All homes for sale in Satsuma, FL
- Homes for sale in Putnam County, FL
- Satsuma waterfront homes for sale
- Satsuma home values: what is my house worth?
- ZIP 32189 housing scorecard
Satsuma guides & data
Florida buyer guides
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- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
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Recent Developments in San Mateo
Development, infrastructure, retail, and school activity affecting San Mateo, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Infrastructure
Crill Avenue in Palatka to close Nov. 2 for railroad work
The city of Palatka will close both lanes of Crill Avenue from Osceola Street to South 13th Street near the railroad underpass on Monday, Nov. 2, from 9 a.m. to 2 p.m. The closure could extend to Nov. 3 if needed. No traffic can pass under the tracks until the railroad work is finished.
What it may mean for the marketDrivers in central Palatka should expect short detours and added travel time on the day of the closure. The project is about 4 miles northwest of San Mateo, elsewhere in Putnam County.
Source: Palatka Daily News - October 2026Infrastructure
Port Putnam receives $285,000 state grant for infrastructure planning
Port Putnam, off Comfort Road in Palatka, received a $285,000 Rural Infrastructure Fund planning grant from FloridaCommerce with no county match required. The money covers studies and preliminary designs for port upgrades. The port authority also voted to let its chairperson sign port documents and discussed a workshop on broadening the board.
What it may mean for the marketPlanning for port upgrades could eventually expand industrial and freight capacity near Palatka, supporting local employment and commercial land demand. The site is about 3 miles north of San Mateo.
Source: Palatka Daily News - October 2026Development
Georgia-Pacific plans $150 million replacement of paper machine at Palatka mill
Georgia-Pacific announced a roughly $150 million project to replace the No. 4 paper machine, installed in 1980, at its Palatka mill. Completion is expected in the second quarter of 2028. The company says the project will not directly add permanent jobs at a mill that employs 1,032 people, though construction will bring in contractors.
What it may mean for the marketThe investment signals long-term commitment to a major Putnam County employer and should bring temporary contractor activity to the Palatka area through 2028. The site is about 5 miles northwest of San Mateo.
Source: Palatka Daily News - October 2026Development
Palatka commissioners give first approval to annex 10 parcels
The Palatka City Commission voted 3-2 on its Thursday meeting to give the first of two required approvals to annex 10 parcels into the city, against legal advice to wait. Parcel locations, acreage and planned use were not published in the visible report.
What it may mean for the marketAnnexation would extend city services and zoning to additional parcels around Palatka, potentially adding developable land inside city limits. The site is about 4 miles northwest of San Mateo.
Source: Palatka Daily News - September 2026Development
Putnam Habitat completes fifth and final home in Veterans Village of Palatka
Putnam Habitat for Humanity finished the fifth home in the Veterans Village off Westover Drive on about 2 acres, a project begun in 2018. Infrastructure cost nearly $500,000, and Habitat plans another home on an adjoining lot.
What it may mean for the marketSmall-scale affordable infill adds a handful of owner-occupied homes to the Palatka housing supply. The project is about 5 miles northwest of San Mateo, elsewhere in Putnam County.
Source: Palatka Daily News - May 2026Development
Palatka Planning Board advances downtown redevelopment PUD
The Palatka Planning Board unanimously approved a Planned Unit Development for multiple downtown parcels at St. Johns Avenue and Reach Street. The plan includes the James Hotel with 30 to 70 rooms, commercial spaces, and a rooftop bar and restaurant at the former Bingo Palace building, described by the developer as a tens of millions of dollars investment. The project now advances to the city commission for final consideration.
What it may mean for the marketA downtown hotel and mixed use redevelopment adds lodging and commercial space to the Palatka core and supports the downtown property market. The project is about 4 miles northwest of San Mateo, elsewhere in Putnam County.
Source: The Local Lens
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
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Frequently Asked Questions
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When were the homes in San Mateo built?
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Should you buy in San Mateo?
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 November 12, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32187/32189)) |
| Under-contract shares | realMLS records, as of 2026-11-12 |
| Historical depth | Closed-sale records back to 2011 (39 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.
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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 listings in Northeast Florida sold at 99.1% of final list price vs. 98.6% for the market, in a median 31 days vs. 41 (realMLS, 12 months to Nov 2026). A Momentum agent can price yours against live local comps.
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