Real Estate Investing in Blountstown, Florida (32424)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32424 (Blountstown, FL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 20.1% 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 Blountstown, FL (32424)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32424 Blountstown
Turning to rents, ZIP 32424 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $158K median. It rewards specialists, not generalists.
Rent of $873/mo on a $158K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 32424 sits below the stated 0.0% once reality is priced in.
ZIP 32424's metrics run below Calhoun County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 32424 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 32424 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Blountstown:
Property Strategy for 32424
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $99,497 | $970 | 7.0% | +5.2% | $49,748 |
| 3BR | $177,560 | $1,280 | 5.2% | +7.4% | $59,187 |
| 4BR | $274,161 | $1,290 | 3.4% | +9.1% | $68,540 |
Market Trends
Home Value History (with trend line)
📊 How Does 32424 Compare?
| Metric | 32424 | Blountstown | Florida |
|---|---|---|---|
| Home Value | $157,892 | $157,892 | $374,697 |
| 5-Year CAGR | 3.0% | 3.0% | 7.4% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 4.3% | 4.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 32424 (Blountstown, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $157,892 |
| Monthly Rent | $873 |
| Price-to-Rent | 15.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +0.6% ▲ |
| 3-Year CAGR | -1.0% ▼ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (4.3%). 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 32424
Population: 7,430
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 32424
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
How much should I expect to pay for a home in Blountstown, FL?
Expect median prices around $158K in Blountstown, FL. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
Is Blountstown in FL worth investing in?
Our data puts Blountstown, FL at 3.0/5 for investability. Home prices of $158K and rents around $873/mo create a solid backdrop for investor activity.
Are tenants stable in Blountstown, FL?
Working renters make up the core of the Blountstown, FL tenant base. The pool is reasonable for investors targeting long-term holds.
Does a duplex house hack pencil in Blountstown, FL?
The a challenging house-hack environment in Blountstown, FL reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How should investors approach Blountstown, FL?
In Blountstown, FL the solid play is typically careful cash-flow rentals with hands-on management. The combination of $158K prices and $873/mo rents suits that approach.
You know 32424 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 32424 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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Community Ratings
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