Bunnell, FL—32110
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bunnell, FL
As of Oct '25, the median home price in Bunnell, FL is $283,000, with a year-over-year change of -5.5%. This indicates that home prices in Bunnell, FL are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $283,000 | -5.5% |
| Single Family | $304,000 | -5.9% |
| Condos | $134,000 | -4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $157,000 | -8.2% |
3 Bed | $306,000 | -5.0% |
4 Bed | $336,000 | -5.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bunnell, FL
As of July '25, Rentcast reports the average rent in Bunnell, FL is $1,720, with a year-over-year rent change of -8.5%. Per bedroom, the median rent as of July '25 in Bunnell, FL is 1-bedrooms: $1,320, 2-bedrooms: $1,420, 3-bedrooms: $1,960, 4-bedrooms: $2,360. The most common rental property sizes in Bunnell, FL are 2-bedroom and 3-bedroom, accounting for 45.6% and 32.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,520 | $1,720 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,380 | $1,320 |
| 2 Bed Rent | $1,400 | $1,420 |
| 3 Bed Rent | $2,000 | $1,960 |
| 4 Bed Rent | $2,300 | $2,360 |
% of Rental Stock
Property Listings — Bunnell, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Bunnell, FL is 86. This is a decrease of -7.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $343,000 | -2.0% |
Listing Count | 64 | 23.0% |
| Listings as % of Homes | 1.5% | 23.0% |
Days on Market | 86 | -7.0% |
Demographics — Bunnell, FL
As of the latest ACS Survey released in 2023, Bunnell, FL has a population of 9,880, which has increased by 23.3% over the past 5 years. Bunnell, FL is a moderately popular place for families, as children make up 21.7% of the population. The area has a poorly educated workforce, with 12.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,880 | 23.3% |
% Under 18 | 21.7% | 19.2% |
% Seniors | 23.4% | 23.8% |
% WFH | 6.1% | -3.2% |
% w/ College Degree | 12.3% | 12.8% |
As of the latest ACS Survey released in 2023, Bunnell, FL is a predominantly white area, with 80.6% of the population identifying as white. The white population has grown by 7.8% in the last 5 years. The second most common race or ethnicity in Bunnell, FL is black, making up 11.0% of the population. Foreign-born residents account for 1.8% of the population in Bunnell, FL, and this percentage has decreased by 63.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.6% | 7.8% |
% Black | 11.0% | 17.0% |
% Hispanic | 3.2% | -75.8% |
% Asian | 0.4% | -60.0% |
% Foreign Born | 1.8% | -63.3% |
Mortgage and Risk — Bunnell, FL
According to HUD data as of 2023, there were 236 mortgage originations in Bunnell, FL, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Bunnell, FL. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 236 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Bunnell, FL
As of 2024, the percent of homes in Bunnell, FL under the Section 8 program is 3.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Bunnell, FL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 164 |
Total Units Section 8 | 33 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$330 | $1,380 | $1,050 |
| 2 Bedroom | -$80 | $1,400 | $1,320 |
| 3 Bedroom | -$220 | $2,000 | $1,780 |
| 4 Bedroom | -$190 | $2,300 | $2,110 |
Affordability — Bunnell, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $283,000 |
| Median Household Income | $56,300 |