East Palatka, FL—32131
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Palatka, FL
As of Oct '25, the median home price in East Palatka, FL is $264,000, with a year-over-year change of -3.9%. This indicates that home prices in East Palatka, FL are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $264,000 | -3.9% |
| Single Family | $268,000 | -3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $199,000 | 2.6% |
3 Bed | $289,000 | -2.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — East Palatka, FL
East Palatka, FL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — East Palatka, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in East Palatka, FL is 100. This is a increase of 35.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $384,000 | -12.0% |
Listing Count | 28 | 21.0% |
| Listings as % of Homes | 1.1% | 21.0% |
Days on Market | 100 | 35.0% |
Demographics — East Palatka, FL
As of the latest ACS Survey released in 2023, East Palatka, FL has a population of 4,600, which has remained stable by 0.8% over the past 5 years. East Palatka, FL is a moderately popular place for families, as children make up 16.3% of the population. The area has a poorly educated workforce, with 17.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,600 | 0.8% |
% Under 18 | 16.3% | -5.2% |
% Seniors | 29.9% | 31.7% |
% WFH | 14.6% | 247.6% |
% w/ College Degree | 17.3% | 3.0% |
As of the latest ACS Survey released in 2023, East Palatka, FL is a predominantly white area, with 75.8% of the population identifying as white. The white population has grown by 7.7% in the last 5 years. The second most common race or ethnicity in East Palatka, FL is black, making up 14.4% of the population. Foreign-born residents account for 2.5% of the population in East Palatka, FL, and this percentage has decreased by 47.9% 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 | 75.8% | 7.7% |
% Black | 14.4% | -32.4% |
% Hispanic | 6.7% | 6.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.5% | -47.9% |
Mortgage and Risk — East Palatka, FL
According to HUD data as of 2023, there were 66 mortgage originations in East Palatka, FL, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in East Palatka, FL. Investor activity is low, as 2.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 66 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — East Palatka, FL
East Palatka, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,470 |
| 2 Bedroom | N/A | N/A | $1,740 |
| 3 Bedroom | N/A | N/A | $2,200 |
| 4 Bedroom | N/A | N/A | $2,790 |
Affordability — East Palatka, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $264,000 |
| Median Household Income | $66,600 |