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·Palatka Metro
FL

Palatka Metro

Palatka Metro Market Report

Top 10 ZIPs by size — 7.32% mortgage rate — Updated 10/27/2026

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Listings Flow Ladder — Palatka

Faucet, basin and drain — new listings in, active inventory, closed sales out.as of Sep 30, 2026

the basin is fillingnet 16 listings/mo
balanced 4–6 mo6.3 mo
Faucet — new listings
57/mo
93% of normal (61) · normal
Basin — active listings
259
96% of normal (270) · high
Months of supply
6.3 mo
derived — not published at this grain
Drain — closed sales
41/mo
92% of normal (45)
Net — faucet minus drain
+16/mo
filling
Reading
current
as of 2026-09-30
Compare against:
2015-01-01 to 2019-12-31 · 5 same-month points

How plugged is the drain? Two definitions, both ours, deliberately not reconciled.

  • 9%Absorption vs its own normal— 1 - (closed sales / active listings) / same-month median of that ratio
  • 8%Closed sales vs its own normal— 1 - closed sales per month / same-month median closed sales per month

Closed sales over 24 months — two different numbers, deliberately not merged.

  • 16/mofall in the monthly rate (28%)— peak 57/mo (2025-06-30) to 41/mo now
  • 99transactions that did not happen— summed monthly shortfall vs the same-month normal, over 20 months below it (vs 2015-19 (COVID excluded))
  • rate_drop_from_peak is a change in the monthly rate; cumulative_shortfall_vs_normal counts transactions not transacted. They are different quantities and are not interchangeable.
2026-09-30

Redfin market data (county + ZIP), via Lotvox. As of 2026-09-30. Normal = same-month median of monthly rates, minimum 3 same-month points. Source window 3 months (flows shown per month). Aggregated over a fixed panel of 6 zips — the panel is fixed so a change in who reports cannot look like a change in the market. months_of_supply is not published at this grain (0 non-null rows measured); derived here as active listings / closed sales per month.

Verified county coverage:Putnam County, FLClay County, FL

Tracked ZIPs
10
Avg Score
59
Avg Median
$228,381
Market
Buyer's
Avg Composite
59/100
Avg Median Price
$228,381
Avg Rent
$935/mo
Avg Burden
30.6%of income

Buyer Leverage — Should I Buy in Palatka?

68
Avg Buyer Score
11 ZIPs analyzed
Strong Buyer
1
Moderate
8
Balanced
2
Seller Favored
0
Strong Seller
0
Best for Buyers
32112Crescent City81
32666Melrose76
32140Florahome76
32189Satsuma75
32181Pomona Park72
Most Competitive
32177Palatka51
32187San Mateo58
32131East Palatka61
32139Georgetown65
32148Interlachen66

MODERATE — Palatka has mixed conditions, pockets of opportunity

32177
Palatka, putnam county
57
Median Price
$207,709
YoY
+1.1%
Payment Burden
28.8%
Buy vs Rent
Buy
Days on Market
75
Supply
4.4 mo
Rent
$1,371
Val. Gap
+29.5%
32148
Interlachen, putnam county
74
Median Price
$168,411
YoY
+2.2%
Payment Burden
24.5%
Buy vs Rent
Buy
Days on Market
137
Supply
13.3 mo
Rent
$1,175
Val. Gap
-34.6%
32189
Satsuma, putnam county
47
Median Price
$202,850
YoY
-2.0%
Payment Burden
31.4%
Buy vs Rent
Rent
Days on Market
89
Supply
9.5 mo
Rent
$735
Val. Gap
+75.4%
32112
Crescent City, putnam county
44
Median Price
$207,193
YoY
-2.3%
Payment Burden
34.8%
Buy vs Rent
Rent
Days on Market
110
Supply
11 mo
Rent
$787
Val. Gap
—
32139
Georgetown, putnam county
83
Median Price
$224,579
YoY
+2.3%
Payment Burden
26.1%
Buy vs Rent
Rent
Days on Market
166
Supply
10.5 mo
Rent
$906
Val. Gap
—
32666
Melrose, clay county
68
Median Price
$310,627
YoY
+2.3%
Payment Burden
30.8%
Buy vs Rent
Rent
Days on Market
62
Supply
9.2 mo
Rent
$629
Val. Gap
-13.1%
32140
Florahome, clay county
46
Median Price
$210,952
YoY
+1.5%
Payment Burden
39.7%
Buy vs Rent
Neutral
Days on Market
114
Supply
2.5 mo
Rent
$1,076
Val. Gap
—
32131
East Palatka, putnam county
68
Median Price
$266,945
YoY
+1.0%
Payment Burden
26.4%
Buy vs Rent
Rent
Days on Market
111
Supply
3.8 mo
Rent
$957
Val. Gap
—
32181
Pomona Park, putnam county
58
Median Price
$222,092
YoY
+1.8%
Payment Burden
32.4%
Buy vs Rent
Rent
Days on Market
106
Supply
4.5 mo
Rent
$776
Val. Gap
—
32193
Pomona Park, putnam county
40
Median Price
$262,449
YoY
-3.3%
Payment Burden
31.2%
Buy vs Rent
Rent
Days on Market
148
Supply
8.5 mo
Rent
$937
Val. Gap
—

Median price and 12-month change: Zillow Home Value Index (ZHVI); where a ZIP has no ZHVI value, the county assessor average. Days on market: Redfin Data Center, rolling 90 days; months of supply: Redfin Data Center. Rent: Zillow Observed Rent Index (ZORI); where a ZIP has no ZORI value, the Census ACS county rent.

Every ZIP market page in Palatka Metro (9)