The story of this market
The typical home in ZIP 32060 sells for about $278,996, or $151 per square foot.
Prices are up +3.7% from a year ago, so sellers still have some momentum. Homes take about 81 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $846 a month.
ZIP 32060 — Live Oak
The housing market in ZIP 32060 is currently balanced, with home values showing moderate growth consistent with regional trends. While inventory remains tight, the market is not experiencing the rapid price appreciation seen in Florida's coastal metros, keeping it relatively affordable for local buyers.
This ZIP is ideal for families and retirees seeking a quiet, rural lifestyle with affordable housing options. It is less suited for those requiring proximity to major metropolitan employment centers or extensive public transit.
Median prices moved up 3.7% year over year.
Homes spend a median of 81 days on market with 1.1 months of supply — a fast-moving market.
23% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.4% · poverty 13.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 32060, Suwannee County FL
Crime rates in the Live Oak area are generally considered moderate, with property crime being the primary concern compared to violent crime. Local law enforcement trends remain stable, and the area is often viewed as safer than larger urban centers in Florida.
Schools in the Suwannee County School District serve the area, with performance ratings generally falling in the average range. The district focuses on community-integrated education and vocational training programs.
The region faces moderate risks from tropical storms and hurricanes, which influence property insurance premiums. Flood risk is localized, primarily affecting areas near the Suwannee River and low-lying wetlands.
Economic momentum is driven by agriculture, forestry, and local government services. Infrastructure development is focused on maintaining rural connectivity, with limited large-scale industrial expansion currently underway.
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 is primarily car-dependent, with residents relying on US Highway 129 and US Highway 90 for access to regional employment hubs. Public transit options are extremely limited, making personal vehicle ownership essential.
The area offers significant outdoor amenities, including Suwannee River State Park and various natural springs popular for swimming and kayaking. Local shopping and dining are concentrated in the historic downtown Live Oak district.
The rental market is characterized by limited inventory and high demand for single-family detached homes. Vacancy rates remain low, and rent growth has tracked with regional inflation trends.
The economy is anchored by agriculture, forestry, and public sector employment. Major employers include the Suwannee County School District and local healthcare providers.
Transportation is dominated by private vehicle use along the US-129 and US-90 corridors. There is no significant public transit infrastructure serving the area.
Development is primarily focused on small-scale residential infill and agricultural land use. No major high-density projects are currently reported.
The Suwannee County Property Appraiser manages assessments, focusing on market-value appraisals for ad valorem taxation. Agricultural exemptions are widely utilized in this rural county.
Parcels are subject to Suwannee County School District taxes and various municipal service taxing units. No major MUDs or PIDs are prevalent in this rural geography.
Property insurance premiums are influenced by regional hurricane risk, with Citizens Property Insurance serving as a common provider for high-risk properties.
Net domestic migration has been positive, driven by individuals seeking lower costs of living compared to Florida's coastal urban centers.
Florida is a judicial foreclosure state, requiring court intervention for all foreclosure proceedings. This process typically results in longer timelines for lenders.
Sellers are required to provide a written disclosure of known material defects affecting the property's value. This is typically handled through standard real estate contract forms.
Data retrieved from data.census.gov ZCTA 32060 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Features hiking trails, river access, and historic ruins.
Renowned for its extensive underwater cave systems and swimming areas.
Historic district with local boutiques and restaurants.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.