Crescent City, FL—32112
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Crescent City, FL
As of Oct '25, the median home price in Crescent City, FL is $205,000, with a year-over-year change of -2.5%. This indicates that home prices in Crescent City, FL are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $205,000 | -2.5% |
| Single Family | $206,000 | -2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $141,000 | -3.4% |
3 Bed | $253,000 | -1.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Crescent City, FL
As of July '25, Rentcast reports the average rent in Crescent City, FL is $1,300, with a year-over-year rent change of 4.8%. Per bedroom, the median rent as of July '25 in Crescent City, FL is 2-bedrooms: $695, 3-bedrooms: $2,500. The most common rental property sizes in Crescent City, FL are 2-bedroom and 3-bedroom, accounting for 59.0% and 22.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $1,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $490 | $695 |
| 3 Bed Rent | $2,500 | $2,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Crescent City, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Crescent City, FL is 73. This is a increase of 12.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $350,000 | -2.0% |
Listing Count | 37 | 3.0% |
| Listings as % of Homes | 0.8% | 3.0% |
Days on Market | 73 | 12.0% |
Demographics — Crescent City, FL
As of the latest ACS Survey released in 2023, Crescent City, FL has a population of 8,100, which has remained stable by 0.6% over the past 5 years. Crescent City, FL is a moderately popular place for families, as children make up 23.1% of the population. The area has a poorly educated workforce, with 10.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,100 | 0.6% |
% Under 18 | 23.1% | -19.2% |
% Seniors | 20.0% | -14.2% |
% WFH | 5.3% | 211.8% |
% w/ College Degree | 10.2% | 12.1% |
As of the latest ACS Survey released in 2023, Crescent City, FL is a predominantly white area, with 46.8% of the population identifying as white. The white population has grown by 6.6% in the last 5 years. The second most common race or ethnicity in Crescent City, FL is hispanic, making up 38.3% of the population. Foreign-born residents account for 20.4% of the population in Crescent City, FL, and this percentage has increased by 28.3% 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 | 46.8% | 6.6% |
% Black | 8.5% | -29.8% |
% Hispanic | 38.3% | -7.9% |
% Asian | 3.1% | 106.7% |
% Foreign Born | 20.4% | 28.3% |
Mortgage and Risk — Crescent City, FL
According to HUD data as of 2023, there were 90 mortgage originations in Crescent City, FL, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Crescent City, FL. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 90 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 1.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Crescent City, FL
Crescent City, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 16 |
Total Units Section 8 | 16 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | $790 | $490 | $1,280 |
| 3 Bedroom | -$820 | $2,500 | $1,680 |
| 4 Bedroom | N/A | N/A | $1,740 |
Affordability — Crescent City, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $205,000 |
| Median Household Income | $39,200 |