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Is Welaka, FL 32193 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Welaka 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.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list93.5%Sold price ÷ list price
Median days on market178Listing to accepted offer
Median price per sq ft$225▲ +23.6% vs. last year

The Welaka housing market right now

In the three months ending August 31, 2026, 0% of homes in Welaka, FL 32193 sold above their list price, the typical home went under contract in 178 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. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 8%, homes sold more slowly (140 days then) and the median sale price fell 2% to $269,883. Overall, Welaka is less competitive than a year ago, which gives buyers more room.

Within Putnam County, homes here sell more slowly than in 91% 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 32193

Prefilled for 32193Can I win this house?Multiple-offer likelihood for a listing Prefilled for 32193Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

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 Welaka nearby

Find towns like Welaka in other states →
Weirsdale, FL32195 · 38 miles away69% similarcheaper homes ($66K less) · larger Astor, FL32102 · 23 miles away67% similarcheaper homes ($120K less) · larger Fort Mc Coy, FL32134 · 14 miles away62% similarcheaper homes ($129K less) · larger Citra, FL32113 · 28 miles away62% similarcheaper homes ($114K less) · larger

Where Welaka is

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Questions about Welaka real estate

Is Welaka a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Welaka, FL 32193 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 Welaka?

The typical home went under contract in 178 days in the latest three months.

Do homes in Welaka sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 93.5% of the list price.

What are property taxes in Welaka?

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 Welaka?

The median sale price was $269,883 in the three months ending August 31, 2026, about $225 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