Palm Coast, FL—32137
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Palm Coast, FL
Home Price Trends — Palm Coast, FL
As of Oct '25, the median home price in Palm Coast, FL is $378,000, with a year-over-year change of -5.6%. This indicates that home prices in Palm Coast, FL are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $378,000 | -5.6% |
| Single Family | $377,000 | -5.5% |
| Condos | $380,000 | -7.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $234,000 | -8.9% |
2 Bed | $262,000 | -7.7% |
3 Bed | $370,000 | -5.9% |
4 Bed | $433,000 | -5.3% |
| 5 Bed | $609,000 | -5.3% |
% of Housing Stock
Rental Trends — Palm Coast, FL
As of July '25, Rentcast reports the average rent in Palm Coast, FL is $2,420, with a year-over-year rent change of 0.4%. Per bedroom, the median rent as of July '25 in Palm Coast, FL is 1-bedrooms: $1,200, 2-bedrooms: $2,210, 3-bedrooms: $2,470, 4-bedrooms: $2,580. The most common rental property sizes in Palm Coast, FL are 3-bedroom and 2-bedroom, accounting for 58.4% and 22.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,420 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,200 |
| 2 Bed Rent | $1,750 | $2,210 |
| 3 Bed Rent | $2,100 | $2,470 |
| 4 Bed Rent | $2,200 | $2,580 |
% of Rental Stock
Property Listings — Palm Coast, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Palm Coast, FL is 106. This is a increase of 24.0% 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 | $494,000 | 0.0% |
Listing Count | 868 | 5.0% |
| Listings as % of Homes | 2.3% | 5.0% |
Days on Market | 106 | 24.0% |
Demographics — Palm Coast, FL
As of the latest ACS Survey released in 2023, Palm Coast, FL has a population of 47,000, which has increased by 7.3% over the past 5 years. Palm Coast, FL is a less popular place for families, as children make up 13.0% of the population. The area has a moderately educated workforce, with 37.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 47,000 | 7.3% |
% Under 18 | 13.0% | -23.5% |
% Seniors | 34.2% | 4.0% |
% WFH | 16.9% | 94.3% |
% w/ College Degree | 37.3% | 31.8% |
As of the latest ACS Survey released in 2023, Palm Coast, FL is a predominantly white area, with 76.8% of the population identifying as white. The white population has grown by 1.3% in the last 5 years. The second most common race or ethnicity in Palm Coast, FL is hispanic, making up 10.4% of the population. Foreign-born residents account for 13.1% of the population in Palm Coast, FL, and this percentage has decreased by 0.8% 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 | 76.8% | 1.3% |
% Black | 6.3% | -17.1% |
% Hispanic | 10.4% | -4.6% |
% Asian | 2.7% | -28.9% |
% Foreign Born | 13.1% | -0.8% |
Mortgage and Risk — Palm Coast, FL
According to HUD data as of 2023, there were 1478 mortgage originations in Palm Coast, FL, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Palm Coast, FL. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,478 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 2.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Palm Coast, FL
As of 2024, the percent of homes in Palm Coast, FL under the Section 8 program is 2.4%. 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 Palm Coast, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 59 |
Total Units Section 8 | 59 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $1,250 | $1,410 |
| 2 Bedroom | $40 | $1,750 | $1,790 |
| 3 Bedroom | $350 | $2,100 | $2,450 |
| 4 Bedroom | $660 | $2,200 | $2,860 |
Affordability — Palm Coast, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $378,000 |
| Median Household Income | $78,700 |