Market Overview
Home Prices in Florahome, FL
The median home value in Florahome, FL is $216,956 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.2% compared to a year ago and down 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Florahome are priced47% below average. Florahome is part of the Palatka, FL metro area.
Over the past five years, Florahome home values have risen by approximately16.8%, reflecting steady appreciation in this market.
Price History
Florahome Home Price Trend
City Comparison
Florahome vs. National Median
At $216,956, homes in Florahome cost 47% below the national median of $410,000. This makes Florahome a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Florahome?
20% Down Payment
$43,391
on $216,956
Monthly P&I
$1,132/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,438/mo
incl. taxes & insurance
Income Needed
$57,520
gross annual (30% rule)
10% Down Option
$21,696
+ PMI applies
Loan Amount (20% dn)
$173,565
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Florahome, FL?
The median home value in Florahome is $216,956 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.2% year-over-year.
How much have home prices changed in Florahome?
Over the past year, home values in Florahome have increased by 2.2%. Over five years, prices have risen approximately 16.8%.
How much do I need to earn to buy a home in Florahome?
To comfortably afford the median home price of $216,956 with a 20% down payment ($43,391) at today's rates (6.8%), you'd need a gross annual income of approximately $57,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Florahome compare to the national average home price?
The national median home value is approximately $410,000. At $216,956, homes in Florahome are 47% below the national average.
What metro area is Florahome part of?
Florahome is part of the Palatka, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.