Real Estate Investing in Saint Marks, Florida (32355)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32355 (Saint Marks, FL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 39.3% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Saint Marks, FL (32355)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32355 Saint Marks
ZIP 32355 inside Wakulla County looks affordable on the surface — median value of $266K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 32355 can be a worth a close look for hunting ground — but the discount at $266K reflects genuine risk that outside investors often underestimate.
Meanwhile, 32355 offers a low basis, the region around Saint Marks has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 32355 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Saint Marks:
Market Trends
Home Value History (with trend line)
📊 How Does 32355 Compare?
| Metric | 32355 | Saint Marks | Tallahassee, FL | Florida |
|---|---|---|---|---|
| Home Value | $266,018 | $266,018 | N/A | $374,697 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 7.4% |
| Avg Rent | $1,008 | $1,008 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 32355 (Saint Marks, FL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 32355 (Saint Marks, FL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $266,018 |
| Monthly Rent | $1,008 |
| Price-to-Rent | 22.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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.
Demographics in 32355
Population: 273
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 32355
Schools in This ZIP Code
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
Is Saint Marks in FL worth investing in?
Our data puts Saint Marks, FL at 3.0/5 for investability. Home prices of $266K and rents around $1,008/mo create a solid backdrop for investor activity.
How strong are rents in Saint Marks, FL?
Investors in Saint Marks, FL typically see rents near $1,008/mo per month against $266K home values - a solid setup for rental cash flow.
What is the tenant pool like in Saint Marks, FL?
Expect a solid tenant pool in Saint Marks, FL. The rental market absorbs $1,008/mo rents without meaningful friction.
What is the typical home price in Saint Marks, FL?
Homes in Saint Marks, FL typically sell near $266K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
What is the typical vacancy rate in Saint Marks, FL?
Occupancy in Saint Marks, FL runs stable with elevated vacancy. Well-priced units at $1,008/mo lease on reasonable timelines.
You know 32355 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 32355 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.
How 32355 ranks in Tallahassee, FL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 32355 (Saint Marks)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 32355 (Saint Marks, FL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.