Is Satsuma, FL 32189 a buyer’s or seller’s market?
Satsuma is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Satsuma housing market right now
In the three months ending August 31, 2026, 0% of homes in Satsuma, FL 32189 sold above their list price, the typical home went under contract in 89 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (62 days then) and the median sale price rose 6% to $265,385. Overall, Satsuma is less competitive than a year ago, which gives buyers more room.
Within Putnam County, homes here sell faster than in 64% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Interlachen 32148 (21% sold over asking) and Pomona Park 32181 (20% sold over asking) are even more competitive.
Run the numbers for 32189
Nearby markets
Crescent City 32112Buyer’s market $226 /sq ftEast Palatka 32131Balanced $182 /sq ftFlorahome 32140Seller’s market $198 /sq ftGeorgetown 32139Buyer’s market $168 /sq ft Browse all markets →Towns like Satsuma nearby
Find towns like Satsuma in other states →Where Satsuma is
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Questions about Satsuma real estate
Is Satsuma a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Satsuma, FL 32189 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Satsuma?
The typical home went under contract in 89 days in the latest three months.
Do homes in Satsuma sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.9% of the list price.
What are property taxes in Satsuma?
About 0.78% of a home’s value a year in Putnam County, or roughly $3,120 on a $400,000 home.
What is the median home price in Satsuma?
The median sale price was $265,385 in the three months ending August 31, 2026, about $185 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology