GemHausNew report

Market Snapshot

Median listing price
$500K

The median listing price in Palm Coast, FL ZIP 32137 is $499,999.5 as of May 2026.

Median rent
$2,060/mo

The median market rent in Palm Coast, FL ZIP 32137 is $2,060/month as of May 2026.

Days on market
207 days

The median days on market in Palm Coast, FL ZIP 32137 is 207 days as of May 2026. The market is currently neutral.

Gross rental yield
4.94%

At a median list price of $499,999.5 and a median rent of $2,060/month, the gross rental yield in Palm Coast, FL ZIP 32137 is 4.94% as of May 2026.

STR vs LTR
$3,048/mo STR · $2,060/mo LTR

In Palm Coast, FL ZIP 32137, median Airbnb revenue is $3,048/month compared to median long-term rent of $2,060/month as of May 2026.

Palm Coast, FL 32137 Real Estate Market Report

ZIP Code: 32137

Report Date: May 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
383
Active Listings
200
Sold Properties
183

Market Metrics

Median Listing Price
$500,000
Median Sold Price
$461,495
Median Price per Sqft
$230/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,060

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.09%

Liquidity & Velocity

Median Days on Market
207
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Palm Coast FL are averaging 6.37% as of May 2026, reflecting a market environment where rates have stabilized in the mid-6% range throughout the year.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. median sold price: $461,495 — This figure serves as the primary indicator of recent market value; given the market temperature is neutral, the median sold price suggests pricing stability with modest upside risk as price year-over-year trend is up.
  2. The median days on market: 207 signals slower sales velocity and meaningful time required to transact, which may indicate pricing friction and gives buyers more negotiation leverage while sellers should plan for extended listing exposure.
  3. The median listing price: $500,000 versus the median sold price: $461,495 suggests seller asking expectations sit above recent transaction levels, which may require targeted pricing or concessions to close deals if sellers want faster liquidity.
  4. Macro and rental context: interest rate pressure is described as moderate with local 30-year fixed mortgage rates averaging 6.37%, and rent year-over-year trend is down with a median market rent of $2,060 — investors should account for softer rental income prospects and moderate financing headwinds when underwriting acquisitions.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

354 Ocean Crest Dr, Palm Coast, FL 32137
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds4 baths6,117 sqft
$4,900,000
Feb 1, 2026
$801/sqft/sqft
114 days on market
512 Cinnamon Beach Ln, Palm Coast, FL 32137
Premium

Sold above market average

5 beds5.5 baths5,040 sqft
$3,250,000
Apr 1, 2026
$645/sqft/sqft
528 days on market
530 Cinnamon Beach Ln, Palm Coast, FL 32137
Premium

Sold above market average

7 beds8 baths5,158 sqft
$3,150,000
Mar 1, 2026
$611/sqft/sqft
379 days on market
30 Front St, Palm Coast, FL 32137
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds3.5 baths2,204 sqft
$500,000
Apr 1, 2026
$227/sqft/sqft
563 days on market
21 N Village Dr, Palm Coast, FL 32137
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths2,289 sqft
$499,000
Mar 1, 2026
$218/sqft/sqft
247 days on market
82 Lancelot Dr, Palm Coast, FL 32137
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds2.5 baths2,570 sqft
$495,000
Mar 1, 2026
$193/sqft/sqft
289 days on market
71 Kings Colony Ct S, Palm Coast, FL 32137
Value

Sold below market average

2 beds2 baths1,021 sqft
$151,000
Apr 1, 2026
$148/sqft/sqft
198 days on market
19 Banner Ln, Palm Coast, FL 32137
Value

Sold below market average

- beds2 baths1,497 sqft
$150,000
Mar 1, 2026
$100/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$793/mo
32137 Avg Rent
32137 Cost to Own
Rent$2,060
Own$2,853

20% down, 6.36% rate, 1.1% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

32137 Avg nightly rate
32137 Avg occupancy (days/year)
Nightly rate$283/night
Occupancy141 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 5/15/2026

GemHaus

Get personalized market intelligence

View property-level details in Palm Coast, FL get valuations, rent estimates, operating costs, and pro-forma insights.

Nearby Market Reports