Cantonment, FL32533

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$323,000
1.6% YoY Growth
Median Household Income
$85,500
19.5% 5-Year Growth
Days on Market
70
6.0% Longer than last year
Home Price Forecast
0.6%
Median Rent
$1,900
7.5% YoY Growth
1-Bed Rent
$900
N/A
2-Bed Rent
$1,250
2.3% YoY Growth
3-Bed Rent
$1,880
4.7% YoY Growth

Property Listings — Cantonment, FL

As of Oct '25, Realtor.com reports that the median days on market for a home in Cantonment, FL is 70. This is a increase of 6.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$342,000-1.0%
Listing Count
3222.0%
Listings as % of Homes1.4%2.0%
Days on Market
706.0%
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Demographics — Cantonment, FL

As of the latest ACS Survey released in 2023, Cantonment, FL has a population of 31,600, which has increased by 14.5% over the past 5 years. Cantonment, FL is a popular place for families, as children make up 25.1% of the population. The area has a moderately educated workforce, with 27.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
31,60014.5%
% Under 18
25.1%29.4%
% Seniors
17.4%5.5%
% WFH
10.0%78.6%
% w/ College Degree
27.5%-7.4%
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As of the latest ACS Survey released in 2023, Cantonment, FL is a predominantly white area, with 74.0% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Cantonment, FL is black, making up 12.2% of the population. Foreign-born residents account for 3.3% of the population in Cantonment, FL, and this percentage has increased by 73.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
74.0%-4.3%
% Black
12.2%-29.9%
% Hispanic
4.0%135.3%
% Asian
3.0%233.3%
% Foreign Born
3.3%73.7%
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Mortgage and Risk — Cantonment, FL

According to HUD data as of 2023, there were 788 mortgage originations in Cantonment, FL, of which 57.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Cantonment, FL. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
788
% Conventional Loans
57.0%
% Government Loans
43.0%
% Investor Loans
1.0%
% Second Loans
1.0%
% Cash Out Refinance
14.0%

Loan Activity

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Rentals and Section 8 — Cantonment, FL

As of 2024, the percent of homes in Cantonment, FL under the Section 8 program is 1.1%. 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 Cantonment, 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
15
Total Units Section 8
15
% Rentals under Section 8
1.1%
% Occupied Section 8
74.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$300$900$1,200
2 Bedroom$170$1,250$1,420
3 Bedroom$20$1,880$1,900
4 Bedroom$220$2,120$2,340

Affordability — Cantonment, FL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.7
Median Home Price$323,000
Median Household Income$85,500

Cantonment, FL — ZIP Code Boundary Map

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Frequently Asked Questions