Market Overview
Home Prices in Satsuma, FL
The median home value in Satsuma, FL is $198,494 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.1% compared to a year ago and down 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Satsuma are priced52% below average. Satsuma is part of the Palatka, FL metro area.
Over the past five years, Satsuma home values have risen by approximately25.4%, reflecting strong long-term appreciation in this market.
Price History
Satsuma Home Price Trend
City Comparison
Satsuma vs. National Median
At $198,494, homes in Satsuma cost 52% below the national median of $410,000. This makes Satsuma a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Satsuma?
20% Down Payment
$39,699
on $198,494
Monthly P&I
$1,035/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,314/mo
incl. taxes & insurance
Income Needed
$52,560
gross annual (30% rule)
10% Down Option
$19,849
+ PMI applies
Loan Amount (20% dn)
$158,795
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 Satsuma, FL?
The median home value in Satsuma is $198,494 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.1% year-over-year.
How much have home prices changed in Satsuma?
Over the past year, home values in Satsuma have decreased by 3.1%. Over five years, prices have risen approximately 25.4%.
How much do I need to earn to buy a home in Satsuma?
To comfortably afford the median home price of $198,494 with a 20% down payment ($39,699) at today's rates (6.8%), you'd need a gross annual income of approximately $52,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Satsuma compare to the national average home price?
The national median home value is approximately $410,000. At $198,494, homes in Satsuma are 52% below the national average.
What metro area is Satsuma part of?
Satsuma is part of the Palatka, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.