Micanopy, FL32667

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$347,000
3.6% YoY Growth
Median Household Income
$79,400
51.3% 5-Year Growth
Days on Market
102
28.0% Longer than last year
Home Price Forecast
1.1%
Median Rent
$2,350
16.8% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,350
44.9% YoY Growth

Property Listings — Micanopy, FL

As of Oct '25, Realtor.com reports that the median days on market for a home in Micanopy, FL is 102. This is a increase of 28.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$549,000-34.0%
Listing Count
1458.0%
Listings as % of Homes0.4%58.0%
Days on Market
10228.0%
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Demographics — Micanopy, FL

As of the latest ACS Survey released in 2023, Micanopy, FL has a population of 3,760, which has decreased by -8.0% over the past 5 years. Micanopy, FL is a less popular place for families, as children make up 13.6% of the population. The area has a moderately educated workforce, with 41.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
3,760-8.0%
% Under 18
13.6%-29.9%
% Seniors
31.7%36.1%
% WFH
10.3%-37.2%
% w/ College Degree
41.3%-2.8%
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As of the latest ACS Survey released in 2023, Micanopy, FL is a predominantly white area, with 79.9% of the population identifying as white. The white population has grown by 9.9% in the last 5 years. The second most common race or ethnicity in Micanopy, FL is black, making up 13.4% of the population. Foreign-born residents account for 2.6% of the population in Micanopy, FL, and this percentage has decreased by 45.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
79.9%9.9%
% Black
13.4%-29.8%
% Hispanic
1.6%-68.0%
% Asian
0.8%∞%
% Foreign Born
2.6%-45.8%
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Mortgage and Risk — Micanopy, FL

According to HUD data as of 2023, there were 80 mortgage originations in Micanopy, FL, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Micanopy, FL. Investor activity is low, as 3.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
80
% Conventional Loans
80.0%
% Government Loans
20.0%
% Investor Loans
3.0%
% Second Loans
6.0%
% Cash Out Refinance
21.0%

Loan Activity

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Rentals and Section 8 — Micanopy, FL

Micanopy, FL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
3
Total Units Section 8
3
% Rentals under Section 8
2.3%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,080
2 BedroomN/AN/A$1,300
3 Bedroom-$690$2,350$1,660
4 BedroomN/AN/A$1,760

Affordability — Micanopy, FL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.1
Median Home Price$347,000
Median Household Income$79,400

Micanopy, FL — ZIP Code Boundary Map

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Frequently Asked Questions