Waldo, FL—32694
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waldo, FL
As of Oct '25, the median home price in Waldo, FL is $204,000, with a year-over-year change of -4.6%. This indicates that home prices in Waldo, FL are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $204,000 | -4.6% |
| Single Family | $204,000 | -6.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $166,000 | -3.5% |
3 Bed | $252,000 | -3.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waldo, FL
As of July '25, Rentcast reports the average rent in Waldo, FL is $1,740, with a year-over-year rent change of -13.0%. Per bedroom, the median rent as of July '25 in Waldo, FL is 1-bedrooms: $2,100, 2-bedrooms: $1,380, 3-bedrooms: $1,750. The most common rental property sizes in Waldo, FL are 2-bedroom and 3-bedroom, accounting for 80.3% and 13.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,740 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,100 | $2,100 |
| 2 Bed Rent | $1,380 | $1,380 |
| 3 Bed Rent | $1,750 | $1,750 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Waldo, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Waldo, FL is 39. This is a increase of 26.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $292,000 | -25.0% |
Listing Count | 11 | -16.0% |
| Listings as % of Homes | 0.5% | -16.0% |
Days on Market | 39 | 26.0% |
Demographics — Waldo, FL
As of the latest ACS Survey released in 2023, Waldo, FL has a population of 1,870, which has decreased by -23.8% over the past 5 years. Waldo, FL is a less popular place for families, as children make up 14.3% of the population. The area has a poorly educated workforce, with 24.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,870 | -23.8% |
% Under 18 | 14.3% | -47.2% |
% Seniors | 27.9% | 80.0% |
% WFH | 9.6% | 405.3% |
% w/ College Degree | 24.2% | 42.4% |
As of the latest ACS Survey released in 2023, Waldo, FL is a predominantly white area, with 76.7% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Waldo, FL is black, making up 11.0% of the population. Foreign-born residents account for 4.5% of the population in Waldo, FL, and this percentage has decreased by 59.8% 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 | 76.7% | -1.0% |
% Black | 11.0% | -20.3% |
% Hispanic | 8.1% | 478.6% |
% Asian | 1.1% | -81.0% |
% Foreign Born | 4.5% | -59.8% |
Mortgage and Risk — Waldo, FL
According to HUD data as of 2023, there were 41 mortgage originations in Waldo, FL, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Waldo, FL. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 41 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Waldo, FL
Waldo, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 20 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$990 | $2,100 | $1,110 |
| 2 Bedroom | -$70 | $1,380 | $1,310 |
| 3 Bedroom | -$60 | $1,750 | $1,690 |
| 4 Bedroom | N/A | N/A | $1,900 |
Affordability — Waldo, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $204,000 |
| Median Household Income | $40,500 |