Market Overview
Home Prices in Suwannee, FL
The median home value in Suwannee, FL is $261,900 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.7% compared to a year ago and down 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Suwannee are priced36% below average.
Over the past five years, Suwannee home values have risen by approximately12.6%, reflecting steady appreciation in this market.
Price History
Suwannee Home Price Trend
2020
$181,127
$181K
—
2021
$232,569
$233K
+28.4%
2022
$299,412
$299K
+28.7%
2023
$286,967
$287K
-4.2%
2024
$283,663
$284K
-1.2%
2025
$272,099
$272K
-4.1%
2026
$261,900
$262K
-3.7%
City Comparison
Suwannee vs. National Median
🏠 Suwannee
$261,900
National Median
$410,000
At $261,900, homes in Suwannee cost 36% below the national median of $410,000. This makes Suwannee a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Suwannee?
20% Down Payment
$52,380
on $261,900
Monthly P&I
$1,366/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,735/mo
incl. taxes & insurance
Income Needed
$69,400
gross annual (30% rule)
10% Down Option
$26,190
+ PMI applies
Loan Amount (20% dn)
$209,520
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 Suwannee, FL?
The median home value in Suwannee is $261,900 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.7% year-over-year.
How much have home prices changed in Suwannee?
Over the past year, home values in Suwannee have decreased by 3.7%. Over five years, prices have risen approximately 12.6%.
How much do I need to earn to buy a home in Suwannee?
To comfortably afford the median home price of $261,900 with a 20% down payment ($52,380) at today's rates (6.8%), you'd need a gross annual income of approximately $69,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Suwannee compare to the national average home price?
The national median home value is approximately $410,000. At $261,900, homes in Suwannee are 36% below the national average.