Palm Coast, FL—32164
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 $320,000, with a year-over-year change of -5.8%. This indicates that home prices in Palm Coast, 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 | $320,000 | -5.8% |
| Single Family | $320,000 | -5.9% |
| Condos | $257,000 | -6.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $256,000 | -7.6% |
3 Bed | $307,000 | -6.1% |
4 Bed | $347,000 | -6.2% |
| 5 Bed | $417,000 | -5.4% |
% of Housing Stock
Rental Trends — Palm Coast, FL
As of July '25, Rentcast reports the average rent in Palm Coast, FL is $2,010, with a year-over-year rent change of 2.6%. Per bedroom, the median rent as of July '25 in Palm Coast, FL is 1-bedrooms: $1,490, 2-bedrooms: $1,540, 3-bedrooms: $1,940, 4-bedrooms: $2,210. The most common rental property sizes in Palm Coast, FL are 3-bedroom and 2-bedroom, accounting for 54.4% and 19.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $2,010 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,450 | $1,490 |
| 2 Bed Rent | $1,500 | $1,540 |
| 3 Bed Rent | $1,850 | $1,940 |
| 4 Bed Rent | $2,090 | $2,210 |
% 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 88. This is a increase of 26.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $355,000 | -4.0% |
Listing Count | 650 | 1.0% |
| Listings as % of Homes | 2.5% | 1.0% |
Days on Market | 88 | 26.0% |
Demographics — Palm Coast, FL
As of the latest ACS Survey released in 2023, Palm Coast, FL has a population of 54,000, which has increased by 19.4% over the past 5 years. Palm Coast, FL is a moderately popular place for families, as children make up 19.2% of the population. The area has a moderately educated workforce, with 25.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 54,000 | 19.4% |
% Under 18 | 19.2% | -0.5% |
% Seniors | 27.7% | 9.9% |
% WFH | 15.3% | 218.8% |
% w/ College Degree | 25.6% | 26.7% |
As of the latest ACS Survey released in 2023, Palm Coast, FL is a predominantly white area, with 65.5% of the population identifying as white. The white population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Palm Coast, FL is hispanic, making up 14.5% of the population. Foreign-born residents account for 15.8% of the population in Palm Coast, FL, and this percentage has increased by 27.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 65.5% | -6.3% |
% Black | 13.5% | -12.9% |
% Hispanic | 14.5% | 40.8% |
% Asian | 2.4% | 26.3% |
% Foreign Born | 15.8% | 27.4% |
Mortgage and Risk — Palm Coast, FL
According to HUD data as of 2023, there were 1829 mortgage originations in Palm Coast, FL, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 33.0% 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. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,829 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 13.0% |
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 3.3%. 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. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Palm Coast, FL, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 172 |
Total Units Section 8 | 172 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$80 | $1,450 | $1,370 |
| 2 Bedroom | $240 | $1,500 | $1,740 |
| 3 Bedroom | $530 | $1,850 | $2,380 |
| 4 Bedroom | $690 | $2,090 | $2,780 |
Affordability — Palm Coast, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $320,000 |
| Median Household Income | $71,700 |