Baker County, Florida Housing Market

In Baker County, Florida, the median home value is $256,700, with a median monthly rent of $1,302. This places Baker County at #858 nationally out of 3134 counties by median home value, and #39 within Florida.

Median Home Value $256,700
Median Rent $1,302/mo
Owner Occupancy 85.1%
Price/Rent Ratio 16.4

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Baker County rose +11.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

5,206
jobs (private sector)
  • Avg weekly wage: $879
  • Establishments: 497
  • BLS QCEW, 2025
🏗️

Housing Supply

121
new units authorized (2025)
  • Single-family: 99
  • Multi-family: 22
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+537
net migration (filers, 2021-2022)
  • Inflow: 10,309 (avg $66,045)
  • Outflow: 9,772 (avg $65,903)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Baker County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 32063 334.5 +13.21% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Baker County Compares

MetricBaker CountyFlorida AverageU.S. Average
Median Home Value $256,700 $284,325 $227,706
Median Gross Rent $1,302 $1,303 $968
Owner Occupancy Rate 85.1% 74.6% 73.3%
Price/Rent Ratio 16.4 17.6 18.7

Market Analysis

The median home value in Baker County is 9.7% below the Florida state average and 12.7% above the U.S. national average. The median rent of $1,302/month is about equal to the state average.

With a price-to-rent ratio of 16.4, the buy-vs-rent decision in Baker County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Baker County has an owner-occupancy rate of 85.1%, compared to 74.6% in Florida and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Pickaway County Ohio $256,800 $1,020
Franklin city Virginia $256,600 $988
La Crosse County Wisconsin $257,000 $1,059
Escambia County Florida $257,200 $1,321
Berks County Pennsylvania $257,300 $1,181

Other Counties in Florida

CountyMedian Home ValueMedian RentOwner Occ.
Escambia County $257,200 $1,321 64.8%
Wakulla County $258,300 $1,108 81.9%
Gulf County $250,000 $1,187 80.8%
Polk County $266,500 $1,363 70.5%
Citrus County $245,500 $1,107 85.2%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).