Real Estate Investing in Saint Johns, Florida (32259)
Should you buy in 32259 (Saint Johns, FL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Saint Johns, FL (32259)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32259 Saint Johns
ZIP 32259 inside Saint Johns County looks affordable on the surface — median value of $543K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 32259 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 32259 sits on the difficult end of the FL spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
The 32259 ZIP's population of 69,866 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
Experienced landlords with local relationships tend to find 32259 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 Saint Johns:
Property Strategy for 32259
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $280,206 | $2,490 | 6.4% | +5.9% | $140,103 |
| 3BR | $421,457 | $3,070 | 5.2% | +7.2% | $140,486 |
| 4BR | $570,648 | $3,850 | 4.9% | +8.0% | $142,662 |
| 5BR | $744,136 | — | — | +8.9% | $148,827 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32259 Compare?
| Metric | 32259 | Saint Johns | Jacksonville, FL | Florida |
|---|---|---|---|---|
| Home Value | $543,252 | $543,252 | N/A | $374,697 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 7.4% |
| Avg Rent | $2,002 | $2,002 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
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 32259 (Saint Johns, FL). Anonymous, moderated, never written by AI.
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Property managers serving Saint Johns County
Manage rentals here? List your business →Sovereign & Jacobs provides property management services in St. Augustine and Jacksonville, including accounting, rentals, and condo & homeowners association management. summary from their website
Alsop Property Management, a division of Alsop Companies, offers luxury rental properties and realty services for communities. summary from their website
Real Property Management Home Together provides property management services. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $543,252 |
| Monthly Rent | $2,002 |
| Price-to-Rent | 22.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | -2.8% ▼ |
| 3-Year CAGR | -1.1% ▼ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | -6.5% ▼ |
| 3-Year CAGR | -2.1% ▼ |
| 5-Year CAGR | +2.8% ▲ |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (2.9%). 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 32259
Population: 69,866
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 32259
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What price range are homes in Saint Johns, FL?
Median home price in Saint Johns, FL is near $543K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
How deep is the rental pool in Saint Johns, FL?
Expect a solid tenant pool in Saint Johns, FL. The rental market absorbs $2,002/mo rents without meaningful friction.
How landlord-friendly is Saint Johns, FL?
Landlord-friendliness in Saint Johns, FL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How strong are rents in Saint Johns, FL?
Investors in Saint Johns, FL typically see rents near $2,002/mo per month against $543K home values - a solid setup for rental cash flow.
How does Saint Johns, FL rate as a rental market?
Saint Johns, FL scores 3.0/5 for investability. Home values sit at $543K and rents near $2,002/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
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