The story of this market
The typical home in ZIP 32064 sells for about $297,500, or $185 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 82 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $920 a month.
ZIP 32064 — Live Oak
The housing market in 32064 remains stable with low inventory and moderate price growth consistent with rural North Florida trends. Demand is driven by local residents and retirees, with limited speculative activity. Figures are based on a combination of ZCTA-level census data and regional market observations.
This ZIP is well-suited for retirees and families seeking a quiet, rural lifestyle with lower housing costs compared to Florida's major metropolitan areas.
Median prices moved up 4.2% year over year.
Homes spend a median of 82 days on market with 4.8 months of supply — a balanced-paced market.
13% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 14.0% · poverty 19.0% — a mixed stability 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 6.0%/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 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 32064, Suwannee County FL
Public schools in the area are primarily served by the Suwannee County School District, which maintains a standard curriculum for the rural region.
The area is subject to standard Florida flood and wind risk profiles; property insurance availability and premiums are influenced by regional hurricane exposure.
Economic momentum is driven by local agriculture, forestry, and small-scale retail, with limited large-scale industrial development.
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.
Commutes are primarily car-dependent, with residents traveling to nearby employment hubs in Live Oak or Lake City via US-129 and US-90.
The area features proximity to the Suwannee River for water-based recreation, local parks, and rural trails, with limited large-scale shopping centers.
The rental market is characterized by low inventory and steady demand from local workers and retirees, with limited short-term rental saturation.
The local economy is anchored by agriculture, forestry, and public sector employment, with significant influence from the nearby city of Live Oak.
Development is primarily focused on low-density residential and agricultural land use with no major large-scale infrastructure projects currently reported.
Parcels are subject to Suwannee County general millage and Suwannee County School District taxes.
Property insurance markets in this region are sensitive to statewide hurricane risk and rising reinsurance costs.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
Provides regional access for boating, fishing, and outdoor recreation.
Local community green space serving the immediate area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.