The story of this market
The typical home in ZIP 32066 sells for about $248,000, or $189 per square foot.
Prices are down 36.9% from a year ago, which gives buyers more room to negotiate. Homes take about 78 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $998 a month.
ZIP 32066 — Mayo
The 32066 housing market is currently experiencing significant downward pressure on prices and sales volume. With a high months-of-supply figure and a sharp year-over-year decline in median sale price, the market reflects a cooling trend in this rural Lafayette County area.
This ZIP is primarily suited for rural-lifestyle seekers and budget-conscious buyers looking for affordable housing in a small-town setting.
Median prices moved down 36.9% year over year.
Homes spend a median of 78 days on market with 15.5 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 92.6% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 17.6% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 32066, Lafayette County FL
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.
The rental market is characterized by a median gross rent of $998, with limited depth and vacancy pressure.
The local economy is primarily supported by small-scale business and residential activity in the Mayo area.
Data retrieved from U.S. Census Bureau ACS 2023 estimates via AtlasBig and City-Data.
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. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.