Market Intelligence Report — FL-260

Palatka, FL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-FL-08
As of the latest 2026 data
Very Weak

Median Listing

$325K
+8.4% YoY

Pending Ratio

0.22
-1.3% YoY

Active Inventory

325
-5.8% YoY

Median DOM

83 Days
-4.1% YoY

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The Palatka, FL market is currently categorized as Very Weak. With a pending ratio of 0.22, demand absorption is significantly lagging behind available supply, indicating substantial inventory pressure. The median listing price stands at $325,000, having declined 2.1% month-over-month.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Palatka market right now.

Total active listings have decreased 5.8% over the past year, accompanied by an 11.1% year-over-year reduction in new listings. Despite this contraction in supply, the pending ratio registered a 1.3% year-over-year decline. Median days on market saw a modest 4.1% year-over-year reduction, yet the share of price-reduced listings rose 1.1% over the past year, reaching 24.4%.

Historical Analysis

Market Trends

Median Price

$325K-2.1% MoM

Active Inventory

325-5.8% YoY

Days on Market

83-4.1% YoY

Sold Score™

32-1.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

32
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In this market, the low pending ratio signifies that properties are absorbing slowly into contracts, leading to extended market times. This environment places significant pressure on pricing discipline for sellers, as available inventory levels remain elevated relative to buyer demand. The pace of transactions is notably subdued.

Luxury Segment

A notable divergence exists between the median listing price ($325,000) and the average listing price ($579,588), which increased 41.6% year-over-year, suggesting potential stratification in market performance or significant price increases at the higher end. However, the median price per square foot only increased 2.4% over the past year, indicating that this average price increase is not uniformly distributed across the market or price tiers, and may reflect an increase in available higher-priced inventory. No distinct luxury-segment signal in this dataset.

Supply Dynamics

325 active listings represent the current floor, with new supply arriving at roughly 64 per month.

Pricing Pressure
24.4%

of active listings carry a price reduction, +1.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.4% year-over-year.

Absorption
0.22

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Palatka, FL? Homes here are taking 4 days less to sell than last year.

Buyers have leverage in Palatka, FL. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
22%
Median Days on Market
83 days
Inventory YoY
−6%

In a buyer's market, strategy beats timing. See how your home scores in Palatka, FL and what moves the number.

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Metro Demographics

Metro Area
Palatka, FL
CBSA Code
37260
State
FL

ZIPs in Palatka, FL

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Palatka?+

    As of the latest 2026 data, the Palatka metro is classified as Very Weak. Pending ratio is 0.22 with median days on market at 83.

  • Are home prices dropping in Palatka?+

    Median listing price is $325K, +8.4% year over year. 24.4% of active listings carry a price reduction.

  • How fast are homes selling in Palatka?+

    The typical listing sits 83 days on market, a -4.1% change YoY. New listings are arriving at 64 per month.

  • What's happening in the Palatka luxury market?+

    A notable divergence exists between the median listing price ($325,000) and the average listing price ($579,588), which increased 41.6% year-over-year, suggesting potential stratification in market performance or significant price increases at the higher end. However, the median price per square foot only increased 2.4% over the past year, indicating that this average price increase is not uniformly distributed across the market or price tiers, and may reflect an increase in available higher-priced inventory. No distinct luxury-segment signal in this dataset.

  • Where can I find a trusted Palatka real estate expert?+

    Primpted maintains a vetted registry of Palatka agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 37260 · 36mo history