Market Overview
Home Prices in Graceville, FL
The median home value in Graceville, FL is $172,303 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.9% compared to a year ago and down 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Graceville are priced58% below average.
Over the past five years, Graceville home values have risen by approximately21.8%, reflecting strong long-term appreciation in this market.
Price History
Graceville Home Price Trend
2020
$115,772
$116K
—
2021
$141,417
$141K
+22.2%
2022
$170,046
$170K
+20.2%
2023
$169,224
$169K
-0.5%
2024
$179,763
$180K
+6.2%
2025
$173,903
$174K
-3.3%
2026
$172,303
$172K
-0.9%
City Comparison
Graceville vs. National Median
🏠 Graceville
$172,303
National Median
$410,000
At $172,303, homes in Graceville cost 58% below the national median of $410,000. This makes Graceville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Graceville?
20% Down Payment
$34,461
on $172,303
Monthly P&I
$899/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,142/mo
incl. taxes & insurance
Income Needed
$45,680
gross annual (30% rule)
10% Down Option
$17,230
+ PMI applies
Loan Amount (20% dn)
$137,842
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 Graceville, FL?
The median home value in Graceville is $172,303 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.9% year-over-year.
How much have home prices changed in Graceville?
Over the past year, home values in Graceville have decreased by 0.9%. Over five years, prices have risen approximately 21.8%.
How much do I need to earn to buy a home in Graceville?
To comfortably afford the median home price of $172,303 with a 20% down payment ($34,461) at today's rates (6.8%), you'd need a gross annual income of approximately $45,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Graceville compare to the national average home price?
The national median home value is approximately $410,000. At $172,303, homes in Graceville are 58% below the national average.