Satsuma, FL—32189
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Satsuma, FL
As of Oct '25, the median home price in Satsuma, FL is $199,000, with a year-over-year change of -2.9%. This indicates that home prices in Satsuma, FL are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $199,000 | -2.9% |
| Single Family | $199,000 | -2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $178,000 | -2.2% |
3 Bed | $229,000 | -2.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Satsuma, FL
As of July '25, Rentcast reports the average rent in Satsuma, FL is $2,020, with a year-over-year rent change of -7.3%. Per bedroom, the median rent as of July '25 in Satsuma, FL is 2-bedrooms: $2,020, 3-bedrooms: $2,020. The most common rental property sizes in Satsuma, FL are 3-bedroom and 2-bedroom, accounting for 47.9% and 44.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $2,020 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,850 | $2,020 |
| 3 Bed Rent | $1,850 | $2,020 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Satsuma, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Satsuma, FL is 68. This is a increase of 43.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $278,000 | -16.0% |
Listing Count | 26 | -22.0% |
| Listings as % of Homes | 0.4% | -22.0% |
Days on Market | 68 | 43.0% |
Demographics — Satsuma, FL
As of the latest ACS Survey released in 2023, Satsuma, FL has a population of 5,530, which has decreased by -1.5% over the past 5 years. Satsuma, FL is a moderately popular place for families, as children make up 16.2% of the population. The area has a poorly educated workforce, with 13.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,530 | -1.5% |
% Under 18 | 16.2% | 7.3% |
% Seniors | 27.4% | -18.9% |
% WFH | 6.3% | 117.2% |
% w/ College Degree | 13.4% | 13.6% |
As of the latest ACS Survey released in 2023, Satsuma, FL is a predominantly white area, with 80.9% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Satsuma, FL is hispanic, making up 11.4% of the population. Foreign-born residents account for 3.7% of the population in Satsuma, FL, and this percentage has increased by 146.7% 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 | 80.9% | -5.2% |
% Black | 0.8% | -87.7% |
% Hispanic | 11.4% | 322.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.7% | 146.7% |
Mortgage and Risk — Satsuma, FL
According to HUD data as of 2023, there were 167 mortgage originations in Satsuma, FL, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Satsuma, FL. Investor activity is low, as 0.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 167 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Satsuma, FL
Satsuma, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 19 |
Total Units Section 8 | 19 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | -$920 | $1,850 | $930 |
| 3 Bedroom | -$670 | $1,850 | $1,180 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Satsuma, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $199,000 |
| Median Household Income | $42,600 |