Lotvox market story · compare
ZIP 32059 vs ZIP 32331
1 of 4
Who's going to sell
Turnover Index not published for 32059 yet.
Where
32059 in Madison County, FL
32059 is one of 4 ZIP codes that lie mostly in Madison County, FL.
Shaded by typical home value, it ranks 2 of the 4 with a value.
- Value rank in county
- 2 of 4
Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research
Local life
Schools in 32059
1 school location in 32059: 1 middle.
In alphabetical order: LEE ELEMENTARY SCHOOL. Locations only — no ratings are shown here.
- School locations
- 1
Source: U.S. Department of Education, National Center for Education Statistics (school locations)
Turnover Index not published for 32331 yet.
Where
32331 in Madison County, FL
32331 is one of 4 ZIP codes that lie mostly in Madison County, FL — 73% of its own area is in the county.
Shaded by typical home value, it ranks 3 of the 4 with a value.
- Value rank in county
- 3 of 4
Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research
Local life
Schools in 32331
3 school locations in 32331: 1 middle, 2 high.
In alphabetical order: GREENVILLE ELEMENTARY SCHOOL, JOANN BRIDGES ACADEMY, WAYPOINT CHARTER ACADEMY. Locations only — no ratings are shown here.
- School locations
- 3
Source: U.S. Department of Education, National Center for Education Statistics (school locations)
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What it costs
Home values
What homes are worth in 32059
In January 2000 the typical home in 32059 was worth $70,060.
Values peaked at $262,942 in March 2026. The latest reading is −2.8% from that peak.
As of August 2026: $255,646, −2.0% over twelve months.
- Typical home value
- $255,646
- 12-month change
- −2.0%
Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31
Housing pulse
Monthly cost vs. price
Start with the typical home: $255,646. Put 20% down and borrow $204,517 at 7.40%, the 30-year fixed average as of October 8, 2026.
That is $1,416 a month in principal and interest.
The median household here earns $51,193 a year, $4,266 a month. So the payment takes 33.2% of income — rated “stretched” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).
The line holds today's rate fixed and moves only the price: at that rate, the same share was 9.1% in 2000.
- Payment share of income
- 33.2%
- Monthly P&I
- $1,416
Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31
Lotvox lens
The payment, at each month's rate
Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $419.
In December 2020, with rates at 2.68%, it was $509.
By August 2026, at 6.67%, it was $1,315 — +159% since December 2020, while the home's value moved +63%.
- Payment change since 2020
- +159%
Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Lotvox lens
Home value after inflation
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.
Reported values rose +265% since January 2000.
General prices (CPI-U) rose +97% over the same span.
Divide one by the other: in August 2026 dollars, the 2000 home was worth $138,271. So the real change is +85%, not +265%.
- Real change since 2000
- +85%
Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.
Home values
32059 against its neighbors
32059: +265% since January 2000.
Madison County: +192% since January 2000.
Florida: +245% since January 2000 — 32059 ran ahead of it by 20 points.
- Change since 2000
- +265%
Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Lotvox lens
Rent or own
Owning the typical home costs about $1,672 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $842 a month.
Price divided by a year's rent: 25.3. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.
- Price-to-rent
- 25.3
Source: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)
Home values
What homes are worth in 32331
In January 2000 the typical home in 32331 was worth $78,904.
Values peaked at $224,138 in April 2026. The latest reading is −0.8% from that peak.
As of August 2026: $222,378, +2.3% over twelve months.
- Typical home value
- $222,378
- 12-month change
- +2.3%
Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31
Housing pulse
Monthly cost vs. price
Start with the typical home: $222,378. Put 20% down and borrow $177,902 at 7.40%, the 30-year fixed average as of October 8, 2026.
That is $1,232 a month in principal and interest.
The median household here earns $53,472 a year, $4,456 a month. So the payment takes 27.6% of income — rated “affordable” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).
The line holds today's rate fixed and moves only the price: at that rate, the same share was 9.8% in 2000.
- Payment share of income
- 27.6%
- Monthly P&I
- $1,232
Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31
Lotvox lens
The payment, at each month's rate
Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $472.
In December 2020, with rates at 2.68%, it was $498.
By August 2026, at 6.67%, it was $1,144 — +130% since December 2020, while the home's value moved +44%.
- Payment change since 2020
- +130%
Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Lotvox lens
Home value after inflation
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.
Reported values rose +182% since January 2000.
General prices (CPI-U) rose +97% over the same span.
Divide one by the other: in August 2026 dollars, the 2000 home was worth $155,725. So the real change is +43%, not +182%.
- Real change since 2000
- +43%
Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.
Home values
32331 against its neighbors
32331: +182% since January 2000.
Madison County: +192% since January 2000.
Florida: +245% since January 2000 — 32331 ran behind it by 63 points.
- Change since 2000
- +182%
Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Lotvox lens
Rent or own
Owning the typical home costs about $1,454 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $868 a month.
Price divided by a year's rent: 21.3. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.
- Price-to-rent
- 21.3
Source: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)
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What's moving
Housing pulse
Sales pace vs. normal
Homes sold: about 1 a month in August 2026 (Redfin).
The 2015–2019 level for the same month was 2 — so sales ran at 50% of it, and below it in 9 of the last 24 months.
- Sales vs 2015–19 level
- 50%
Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08
New supply
Homes being permitted
Across Madison County, builders pulled permits for 39 new homes in 2025.
Of those, 100% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).
- Units permitted 2025
- 39
Source: U.S. Census Bureau, Building Permits Survey · data as of 2025
Housing pulse
Sales pace vs. normal
Homes sold: about 1 a month in August 2026 (Redfin).
The 2015–2019 level for the same month was 2 — so sales ran at 50% of it, and below it in 3 of the last 24 months.
- Sales vs 2015–19 level
- 50%
Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08
New supply
Homes being permitted
Across Madison County, builders pulled permits for 39 new homes in 2025.
Of those, 100% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).
- Units permitted 2025
- 39
Source: U.S. Census Bureau, Building Permits Survey · data as of 2025
4 of 4
Who's holding, who's leaving
Housing pulse
Migration and inventory
This ZIP sits in Madison County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 131 moved in. Among the ten receiving the most, 119 moved out.
Net across those counties: +12 households. Beside it, homes for sale in this ZIP: 11 in June 2026.
Most arrivals came from Lowndes, GA (33 households); most departures went to Lowndes, GA (43).
- Net households (top-10 flows)
- +12
Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01
Housing pulse
Migration and inventory
This ZIP sits in Madison County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 131 moved in. Among the ten receiving the most, 119 moved out.
Net across those counties: +12 households. Beside it, homes for sale in this ZIP: 13 in June 2026.
Most arrivals came from Lowndes, GA (33 households); most departures went to Lowndes, GA (43).
- Net households (top-10 flows)
- +12
Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01