Is Suwannee, FL 32692 a buyer’s or seller’s market?
Suwannee is a buyer’s market. With about 25.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Suwannee housing market right now
In the three months ending August 31, 2026, 0% of homes in Suwannee, FL 32692 sold above their list price, the typical home went under contract in 208 days and there were 25.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 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 100%, homes sold more slowly (126 days then) and the median sale price rose 10% to $307,617. Overall, Suwannee is less competitive than a year ago, which gives buyers more room.
Within Dixie County, homes here sell less often over asking than in any other ZIP code in the county.
Run the numbers for 32692
Nearby markets
Cross City 32628Buyer’s market $175 /sq ftHorseshoe Beach 32648Buyer’s market $456 /sq ftOld Town 32680Buyer’s market $196 /sq ftSteinhatchee 32359Buyer’s market $275 /sq ft Browse all markets →Where Suwannee is
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Questions about Suwannee real estate
Is Suwannee a buyer’s or seller’s market?
A buyer’s market: there were 25.6 months of supply in Suwannee, FL 32692 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 Suwannee?
The typical home went under contract in 208 days in the latest three months.
Do homes in Suwannee sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.0% of the list price.
What are property taxes in Suwannee?
About 0.62% of a home’s value a year in Dixie County, or roughly $2,480 on a $400,000 home.
What is the median home price in Suwannee?
The median sale price was $307,617 in the three months ending August 31, 2026, about $233 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