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.

---

Market Metrics

Note: 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

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

---

Liquidity & Velocity

---

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.

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.

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 condominium properties. Metrics are calculated from recent condo 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.

---

Market Metrics

Note: 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

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

---

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

---

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.

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. The primary market indicator, median sold price ($429,900), represents realized market value for recent transactions and suggests modest price appreciation consistent with the reported price trend; up price momentum supports cautious pricing confidence for sellers listing near recent comps.

2. Comparing median listing price ($499,000) to the median sold price ($429,900) shows a meaningful gap that may indicate pricing friction between seller expectations and final transaction levels; consider positioning offers and pricing strategies to account for this spread and accelerate closings.

3. Extended selling timelines—reflected in median days on market (364)—point to slower sales velocity and longer time-to-contract; sellers should expect longer marketing periods and buyers may have increased negotiation leverage; slower sales velocity.

4. Market balance is neutral overall with market temperature (neutral) and relatively constrained active supply in the analyzed sample, which together imply a balanced negotiation environment rather than a strongly one-sided market; contingencies and pricing precision will be decisive on a property-by-property basis; neutral.

5. Macro and rental context: median market rent ($1,900) is trending down year-over-year and interest rate pressure is reported as moderate, which may temper investor demand and shorten holding-period return expectations for buy-to-rent strategies; down rent trend.

---

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.