The story of this market
The typical home in ZIP 32464 sells for about $225,000, or $115 per square foot.
Prices are up +4.5% from a year ago, so sellers still have some momentum. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $721 a month.
ZIP 32464 — Westville
The 32464 housing market is characterized by low-volume, rural residential activity with steady price appreciation. Market conditions remain stable as demand is driven by local buyers seeking affordable single-family homes, with limited inventory keeping the market balanced.
This ZIP is best suited for families and individuals seeking affordable, rural living who are comfortable with a car-dependent lifestyle and proximity to nature.
Median prices moved up 4.5% year over year.
Homes spend a median of 92 days on market with 6.0 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.3% · poverty 18.6% — a stable, low-distress 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 7.7%/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 7.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 32464, Holmes County FL
Crime rates in Westville are generally low and consistent with rural Holmes County, though specific localized data is limited.
Schools serving the area are part of the Holmes County School District, which provides standard public education for a rural student population.
The area is subject to standard Florida panhandle weather risks, including tropical storm and hurricane wind exposure, with flood risk varying by proximity to local creeks.
Economic momentum is modest, driven primarily by local agriculture, forestry, and small-scale service businesses 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 via I-10 or local state highways to reach employment hubs in nearby cities like DeFuniak Springs or Chipley.
Recreation is centered on outdoor activities including hunting, fishing, and access to local parks and rural green spaces.
The rental market is characterized by low inventory and primarily consists of single-family homes, with limited multi-family options.
The local economy is anchored by agriculture, forestry, and small-scale retail, with many residents commuting to larger regional centers for employment.
Transportation is entirely reliant on private vehicles, with I-10 serving as the primary east-west corridor for regional travel.
There are no major large-scale commercial or residential developments currently approved or under construction in this rural ZIP.
The Holmes County Property Appraiser manages assessments, focusing on agricultural and residential valuations.
Parcels are subject to Holmes County School District taxes and standard county-wide service districts.
Property insurance premiums in the Florida Panhandle remain elevated due to historical hurricane risk and market-wide volatility.
Data retrieved from data.census.gov 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.
- Vortex Spring Adventures4.39 mi
- Ponce de Leon Springs State Park4.712.5 mi
- Robert A. Fowler Memorial Park4.610.3 mi
- Chautauqua Building4.616.1 mi
- Ponce de Leon Springs State Park4.712.5 mi
- Robert A. Fowler Memorial Park4.610.3 mi
- The Junction4.610 mi
- Dollar General4.112.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Popular for kayaking, canoeing, and fishing.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.