32040 — Baker County, Florida Market Snapshot

Housing market data for zip code 32040 in Baker County, Florida. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

17 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$429,000

51.1% YoYClosed sales

Days to Sell

50

Median, listing to close

Homes Sold

17

Closed in 2026

Inventory

28

Sale-to-List

97.1%

New Listings

24

Price/SqFt

$227

Pending Sales

23

Conforming Loan Available

Most homebuyers in 32040 can comfortably use conventional financing. The median home price of $429,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

32040's market is balanced with homes taking an average of 50 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

The average home in 32040 sells for 2.9% below asking price (97.1% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 32040 can comfortably use conventional financing. The median home price of $429,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 32040 are set at the county level.

2026 Loan Limits — Baker County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$580,750
2 Units$1,066,250$743,450
3 Units$1,288,800$898,700
4 Units$1,601,750$1,116,850

Affordability Snapshot — Zip 32040

To purchase the median home at $429,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,437.

Monthly Payment

$3,437

Income Required

$147,294

Principal & Interest

$2,643/mo

Down Payment (5%)

$21,450

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 32040.

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Estimated Monthly Payment

$2,805

Principal & Interest$2,226
Property Tax$429
Insurance$150
Loan Amount$343,200
Total Interest$458,156
Income Required$120,214/yr

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