Real Estate Investing in Bristol, Florida (32321)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Liberty County • Population: 5,792 • Data updated: September 2026

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Should you buy in 32321 (Bristol, FL)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 23.2% of homes vacant — above national norms.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Bristol, FL (32321)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $210,560
Avg Monthly Rent $981
1% Rule ✗ Does Not Meet
Median Income $47,963
% Renters 21.3%

Market Analysis: 32321 Bristol

The 32321 ZIP covers a section of Bristol that demands careful diligence. Prices near $211K look accessible, but the work to make a deal cash flow is real.

For an experienced owner, 32321 can be a a viable market for hunting ground — but the discount at $211K reflects genuine risk that outside investors often underestimate.

In the broader FL picture, 32321 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Resident income in 32321 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

Strategically, 32321 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Bristol:

C+ Average
Buy Confidence Score: 69/100
Affordability
15/25
Appreciation
22/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.4× the median income
Value Trend
Rising (+8.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $981/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 32321

Which property type performs best in this market?

Best for Cash Flow
2BR
5.6% cap rate
Best for Appreciation
3BR
+9.5% 5yr CAGR
Best Overall Value
2BR
$70,338/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $140,677 $1,090 5.6% +8.7% $70,338
3BR $244,563 $1,500 4.4% +9.5% $81,521

Market Trends

Home Value History (with trend line)

$221K$192K$164K$136K$108K$80KJan 2011Oct 2018Jul 2026

📊 How Does 32321 Compare?

Metric 32321 Bristol Florida
Home Value $210,560 $210,560 $374,697
5-Year CAGR 6.4% 6.4% 7.4%
Avg Rent $981 $981 -
Cap Rate 3.6% 3.6% -
💡 Why Invest in 32321? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 32321 (Bristol, FL). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.6%
Low
5yr Growth
+6.4%
Strong

📊 Market Snapshot

Home Value $210,560
Monthly Rent $981
Price-to-Rent 17.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.6%
Cap Rate 3.6%
5-Year IRR 10.0%

📈 Home Appreciation

1-Year +8.7% ▲
3-Year CAGR +4.8% ▲
5-Year CAGR +6.4% ▲
10-Year CAGR +6.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
23.2%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.4%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 32321

Population: 5,792

💰 Median Household Income
$47,963
This area
$47,963
State
$70,737
USA
$74,580
🏠 Renter Occupied
21.3%
This area
21.3%
State
29.9%
USA
34.0%
💼 Unemployment Rate
3.9%
This area
3.9%
State
-18.0%
USA
3.7%
🎓 College Educated
17.6%
This area
17.6%
State
4.7%
USA
33.7%
👤 Median Age
38.7 years
This area
38.7 years
State
16.0 years
USA
38.9 years
🏚️ Vacancy Rate
23.2%
This area
23.2%
State
17.2%
USA
10.5%
👥 Population by Ethnicity
White 72.0%
Black/African American 19.3%
Other/Mixed 8.6%
Hispanic/Latino 3.8%
Asian 0.1%
👶 Under 18
18.5%
This area
18.5%
USA
22.0%
👴 65 and Over
13.6%
This area
13.6%
USA
17.3%
📊 Poverty Rate
18.4%
This area
18.4%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 32321

C Avg School Grade
8 Schools
23.9:1 Avg Class Size
$13,399 Avg Per Pupil

Schools in This ZIP Code

B Good

LIBERTY COUNTY HIGH SCHOOL

📚 09 – 12 High School
👥
354 Students
👨‍🏫
17.2:1 Class Size
💰
$13,399 Per Student
B Good

W. R. TOLAR K-8 SCHOOL

📚 K – 08 School
👥
506 Students
👨‍🏫
16.6:1 Class Size
💰
$13,399 Per Student
C+ Average

LIBERTY K12 VIRTUAL

📚 K – 12 K-12 Limited Data
💰
$13,399 Per Student
C+ Average

LIBERTY VIRTUAL INSTRUCTION PROGRAM

📚 K – 12 K-12 Limited Data
💰
$13,399 Per Student
C Below Average

LIBERTY EARLY LEARNING CENTER

📚 Grade PK Elementary Limited Data
👥
25 Students
💰
$13,399 Per Student
C Below Average

LIBERTY VIRTUAL FRANCHISE

📚 03 – 12 High School
👥
10 Students
💰
$13,399 Per Student
D Needs Improvement

LIBERTY WILDERNESS CROSSROADS

📚 04 – 12 High School Limited Data
👥
15 Students
💰
$13,399 Per Student
D Needs Improvement
👥
38 Students
👨‍🏫
38.0:1 Class Size
💰
$13,399 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

Frequently Asked Questions

Do landlords face vacancy issues in Bristol, FL?

Expect elevated vacancy in Bristol, FL. Rents at $981/mo are absorbed by the tenant base without meaningful lag.

Is the tenant base reliable in Bristol, FL?

The renter base in Bristol, FL is reasonable for the $981/mo price point. Screening well and pricing to market typically yields reliable tenants.

What kind of market is Bristol, FL for investors?

Our data puts Bristol, FL at 3.0/5 for investability. Home prices of $211K and rents around $981/mo create a solid backdrop for investor activity.

Does house hacking work in Bristol, FL?

House hacking in Bristol, FL is reasonable to execute. Prices around $211K and rents of $981/mo solid owner-occupant economics.

What do landlords charge for rent in Bristol, FL?

Expect rents around $981/mo per month in Bristol, FL. With home values at $211K, the yield math works out to reasonable levels for rental investors.

You know 32321 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 32321 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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