Baker, FL—32531
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Baker, FL
As of Oct '25, the median home price in Baker, FL is $310,000, with a year-over-year change of -2.1%. This indicates that home prices in Baker, 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 | $310,000 | -2.1% |
| Single Family | $310,000 | -1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $190,000 | -4.0% |
3 Bed | $286,000 | -2.4% |
4 Bed | $404,000 | -1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Baker, FL
As of July '25, Rentcast reports the average rent in Baker, FL is $1,290, with a year-over-year rent change of -32.5%. Per bedroom, the median rent as of July '25 in Baker, FL is 2-bedrooms: $1,250, 3-bedrooms: $1,320. The most common rental property sizes in Baker, FL are 3-bedroom and 2-bedroom, accounting for 69.6% and 17.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,290 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,250 | $1,250 |
| 3 Bed Rent | $1,300 | $1,320 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Baker, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Baker, FL is 70. 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $417,000 | -7.0% |
Listing Count | 52 | 16.0% |
| Listings as % of Homes | 0.7% | 16.0% |
Days on Market | 70 | 27.0% |
Demographics — Baker, FL
As of the latest ACS Survey released in 2023, Baker, FL has a population of 7,440, which has increased by 29.8% over the past 5 years. Baker, FL is a popular place for families, as children make up 25.3% of the population. The area has a poorly educated workforce, with 23.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,440 | 29.8% |
% Under 18 | 25.3% | 13.5% |
% Seniors | 21.6% | 11.9% |
% WFH | 3.4% | -37.0% |
% w/ College Degree | 23.9% | 43.1% |
As of the latest ACS Survey released in 2023, Baker, FL is a predominantly white area, with 88.8% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Baker, FL is black, making up 4.0% of the population. Foreign-born residents account for 0.9% of the population in Baker, FL, and this percentage has decreased by 57.1% 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 | 88.8% | -2.5% |
% Black | 4.0% | 110.5% |
% Hispanic | 2.8% | 300.0% |
% Asian | 0.5% | ∞% |
% Foreign Born | 0.9% | -57.1% |
Mortgage and Risk — Baker, FL
According to HUD data as of 2023, there were 110 mortgage originations in Baker, FL, of which 45.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Baker, FL. Investor activity is low, as 0.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 110 |
% Conventional Loans | 45.0% |
% Government Loans | 55.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Baker, FL
Baker, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,190 |
| 2 Bedroom | $130 | $1,250 | $1,380 |
| 3 Bedroom | $560 | $1,300 | $1,860 |
| 4 Bedroom | N/A | N/A | $2,310 |
Affordability — Baker, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $310,000 |
| Median Household Income | $81,300 |