Grand Island 32735

Lake County, FL · 2,192 properties with county records

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Grand Island 32735 is in Lake County, FL, part of the Ocala Metro. The typical home value in Grand Island 32735 is $321,088 (Zillow Home Value Index, August 2026), down 2.9% from a year earlier. Homes that sold went under contract in a median 84 days, and 37% of listings took a price cut (Redfin Data Center, period ending Aug 31, 2026). On Lotvox's market-leverage reading of that data, with 3.4 months of supply, sellers hold a slight edge. The Lotvox Turnover Index is not published for 32735 yet: it appears only where a held-out test on the county's recorded sales beats chance. Across Lake County's 24 ZIPs with a Zillow value, the middle one is $328,191, so 32735 sits 2% below the county middle. Typical rent is $2,290 a month (Zillow Observed Rent Index, June 2026). Lotvox holds county assessor records for 2,192 properties in 32735.

Headline value data through August 2026. Each source below carries its own date.

Is 32735 a buyer's or seller's market?

By Lotvox's leverage reading of Redfin data through Aug 31, 2026, 32735 is a seller's market, narrowly. Homes went under contract in a median 84 days with 3.4 months of supply.

What do homes in 32735 sell for?

The typical home value in 32735 is $321,088 (Zillow Home Value Index, August 2026), down 2.9% in a year. County records put the median at about $184 per square foot (computed Apr 21, 2026).

Who is likely to sell in 32735?

Lotvox only publishes its Turnover Index where a held-out test on recorded sales beats chance, and 32735 has not passed that test yet. When it does, the score appears here.

How does 32735 compare to Lake County?

32735's typical value of $321,088 compares with a middle value of $328,191 across Lake County's 24 ZIPs. Both are Zillow Home Value Index figures for August 2026.

Where does this 32735 data come from?

Values and rents come from Zillow's research data, sales pace from the Redfin Data Center, and property counts and turnover from county assessor and deed records. Each number on this page carries its own date, and the method is published at lotvox.com/methodology.

Sources: Zillow Home Value Index (ZHVI) (as of Aug 31, 2026) · Redfin Data Center (as of Aug 31, 2026) · Zillow Observed Rent Index (ZORI) (as of Jun 30, 2026) · county assessor records (counted Oct 15, 2026) · How Lotvox works
Cite as: Lotvox ZIP market record, 32735 Grand Island, FL, data through August 2026, https://lotvox.com/ocala/zip/32735

Listings Flow Ladder — Listings flow could not be loaded (429).

Should you buy here?

buyer-timing lens
52affordability /100

Buyer leverage is seller slight; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
31.2%
stretched
Days on market
84
daily
Price cuts
37.3%
of active
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Rent vs own
Not available for this ZIP — no rent or ownership-cost estimate published here.
Rent to price
Not available for this ZIP — no price-to-rent ratio published here.
50
/100
mixed
cooling · seller slight · prices easing year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / seller

buyer-timing lens
49/ 100SellerBalancedBuyer
Balanced Market
DOM: 52d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)60
Supply & Demand (20%)100
Buy vs Rent (15%)0
Cancellation Rate (10%)50
Days on Market (5%)60

Balanced market in 32735. List price is roughly fair — focus on condition and value. Payment burden: 28.7% of median income. Median days on market: 52. Market appears 13% overpriced vs. assessed values.

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
COOLINGSELLER SLIGHT

Market is cooling with expanding inventory. Sellers hold a slight edge. Prices down 2.9% YoY.

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Market snapshot

each number, once
Median price
$321,088
▾ 2.9% YoY
Days on market
84
daily · zip_data
Median rent
$2,290
ZORI
Investor score
73/100
cash-flow lens
Active listings
26
90-day

Valuation

3 lenses, different anchors
vs assessor
—
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$0
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+65.8%
County-wide market — the widest, slowest signal.
Lake+65.8%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$184
Price-to-income4.8×

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How 32735 ranks in FL
percentile vs all FL ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

24SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply15.7 mo
Days on Market84d
Inv vs History-14.0%
Listing Density11.7/1k
Market dynamics
Price cut %37.3%
Momentumcooling
LeverageSELLER SLIGHT
Months of supply3.4
Sales (90d)23
Investment analysis
Median rent$2,290
Price-to-rent11.9
Est. cap rate5.5%
Buy vs rentfavors buying

Livability

Walk score—
Transit score—
Bike score—

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Housing pulse

4 charts, one facade

Housing pulse — Housing pulse could not be loaded (429).

Price bands

mix-shift

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Lake County context

macro · jobs · debt · migration
ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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