Lynn Haven, FL—32444
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lynn Haven, FL
As of Oct '25, the median home price in Lynn Haven, FL is $321,000, with a year-over-year change of -0.4%. This indicates that home prices in Lynn Haven, FL are flat. 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 | $321,000 | -0.4% |
| Single Family | $319,000 | -0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $224,000 | -2.6% |
3 Bed | $295,000 | -0.7% |
4 Bed | $409,000 | 0.0% |
| 5 Bed | $542,000 | 0.0% |
% of Housing Stock
Rental Trends — Lynn Haven, FL
As of July '25, Rentcast reports the average rent in Lynn Haven, FL is $1,970, with a year-over-year rent change of -3.9%. Per bedroom, the median rent as of July '25 in Lynn Haven, FL is studios: $662, 1-bedrooms: $1,140, 2-bedrooms: $1,400, 3-bedrooms: $2,130, 4-bedrooms: $2,440. The most common rental property sizes in Lynn Haven, FL are 3-bedroom and 2-bedroom, accounting for 38.0% and 35.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,980 | $1,970 |
| Studio Rent | $550 | $662 |
| 1 Bed Rent | $875 | $1,140 |
| 2 Bed Rent | $1,300 | $1,400 |
| 3 Bed Rent | $2,000 | $2,130 |
| 4 Bed Rent | $2,500 | $2,440 |
% of Rental Stock
Property Listings — Lynn Haven, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Lynn Haven, FL is 77. This is a increase of 27.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $396,000 | 1.0% |
Listing Count | 130 | 6.0% |
| Listings as % of Homes | 1.6% | 6.0% |
Days on Market | 77 | 27.0% |
Demographics — Lynn Haven, FL
As of the latest ACS Survey released in 2023, Lynn Haven, FL has a population of 20,100, which has decreased by -7.5% over the past 5 years. Lynn Haven, FL is a popular place for families, as children make up 25.5% of the population. The area has a moderately educated workforce, with 32.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,100 | -7.5% |
% Under 18 | 25.5% | 9.0% |
% Seniors | 18.1% | 2.8% |
% WFH | 8.0% | 110.5% |
% w/ College Degree | 32.4% | -4.7% |
As of the latest ACS Survey released in 2023, Lynn Haven, FL is a predominantly white area, with 74.7% of the population identifying as white. The white population has shrunk by 9.9% in the last 5 years. The second most common race or ethnicity in Lynn Haven, FL is hispanic, making up 10.5% of the population. Foreign-born residents account for 9.9% of the population in Lynn Haven, FL, and this percentage has increased by 106.2% 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 | 74.7% | -9.9% |
% Black | 5.6% | -39.8% |
% Hispanic | 10.5% | 138.6% |
% Asian | 3.1% | 181.8% |
% Foreign Born | 9.9% | 106.2% |
Mortgage and Risk — Lynn Haven, FL
According to HUD data as of 2023, there were 561 mortgage originations in Lynn Haven, FL, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Lynn Haven, FL. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 561 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Lynn Haven, FL
As of 2024, the percent of homes in Lynn Haven, FL under the Section 8 program is 4.8%. 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 Lynn Haven, 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 | 103 |
Total Units Section 8 | 103 |
% Rentals under Section 8 | 4.8% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $685 | $875 | $1,560 |
| 2 Bedroom | $520 | $1,300 | $1,820 |
| 3 Bedroom | $420 | $2,000 | $2,420 |
| 4 Bedroom | $560 | $2,500 | $3,060 |
Affordability — Lynn Haven, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $321,000 |
| Median Household Income | $89,500 |