HousingHandbookReference data

U.S. ZIP Code · FL32323

Franklin County

Typical home value

$235,841[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-4.4%
5-year / yr
+4.1%
10-year / yr

Relative price

vs U.S.
-17.0%
vs metro
vs state
-32.0%
ZIP 32323 location in FL
Location of ZIP 32323 in FL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 32323 is worth $235,841. Over the past year, values have fallen 4.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
[3]
Typical annual tax
[3]

#Climate risk

FEMA National Risk Index ratings for Franklin County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Very Low
Coastal flood
Relatively Moderate
Wildfire
Relatively Low
Drought
No Rating
Heat wave
Very Low
Hurricane
Relatively Moderate
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Very Low

#Who lives here

Population
90[3]
Median household income
$42,534[3]

#Migration

Household moves in and out of Franklin County over a year, from IRS tax-return data.

Net migration
+55[5]
Moved in
353
Moved out
298

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,193
Loan principal$188,673
Down payment$47,168
Total interest paid$240,642

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,625
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 32323?
The typical home in 32323 is worth $235,841, based on the Zillow Home Value Index.
Are home values rising in 32323?
Home values in 32323 are down 4.4% over the past year, and up 4.1% a year over five years.
Who lives in 32323?
ZIP code 32323 has a population of 90 and a median household income of $42,534.

Compare ZIPs

Pit ZIP 32323 against any other ZIP — full side-by-side table.

Compare 32323

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