The story of this market
The typical home in ZIP 32694 sells for about $214,995, or $153 per square foot.
Prices are down 7% from a year ago, which gives buyers more room to negotiate. Homes take about 53 days to sell. HUD's fair market rent for a two-bedroom is $705 a month.
ZIP 32694 — Waldo
The housing market in ZIP 32694 is currently experiencing a price correction with a year-over-year decline of 7%. Market activity remains modest with limited inventory, reflecting a buyer's opportunity as homes sit on the market longer than in previous periods.
This area is best suited for buyers seeking a quiet, rural, or small-town lifestyle with lower entry price points compared to the nearby Gainesville urban core.
Median prices moved down 7.0% year over year.
Homes spend a median of 53 days on market with 3.9 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.4% · poverty 22.8% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 32694, Levy County FL
The area is subject to standard Florida climate risks including heavy precipitation and hurricane-related wind exposure.
Economic momentum is driven by regional agricultural and small-town commercial activity within Levy County.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
Commuting primarily involves regional highway access to larger employment hubs in the Gainesville metropolitan area.
Local recreation includes access to rural parks, trails, and proximity to natural springs and lakes characteristic of North Central Florida.
The rental market is characterized by moderate demand typical of a small-town setting with limited high-density inventory.
The local economy is anchored by agriculture, small-scale retail, and service industries serving the surrounding Levy County region.
Transportation is heavily reliant on personal vehicle use via regional highway corridors.
Parcels are subject to Levy County property tax assessments and local school district levies.
Property insurance premiums in this region are influenced by Florida's statewide hazard exposure and market-wide rate adjustments.
Data retrieved from US Census Bureau ZCTA-level tables.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.