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GRACEVILLE, FL 32440

Real Estate Market Report  ·  Jackson County
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The GRACEVILLE, FL real estate market (32440) currently shows 23 active listings, with 3 pending sales. Homes are averaging 100 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 100 days on market compared to 62 days last year.

The median listing price has risen 5.4% year-over-year, from $177,500 to $187,000.

Whether you are buying or selling in GRACEVILLE, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 8,239  ·  Density: 29.6/mi²  ·  Median household income: $52,979

Typical home value: $88,087  ·  Homeownership: 66.1%

Market Overview

Active Listings
23
⇩ 25.8% vs 31 last year
Pending
3
13% pending ratio
Median Price
$187,000
⇧ 5.4% vs $177,500 last year
Average Price
$276,291
⇧ 25.5% vs $220,091 last year
Days on Market
100
⇧ 61.3% vs 62 days last year

Price Per Square Foot

Median $/sqft
$138
⇧ 17.9% vs $117/sqft last year
Median Home Size
1,567 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 23 this year vs 31 last year
  • Days on market: 100 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $187,000 (+5.4% YoY)
  • Average: $276,291 (+25.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.2 miles — 700 listings ($231,116,272 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32440Graceville, FL 324400.0 mi26$6,932,588$219,450$266,638
36375Slocomb, AL 3637510.9 mi39$12,346,737$287,725$316,583
32425Bonifay, FL 3242512.5 mi38$11,536,610$262,500$303,595
36314Black, AL 3631416.4 mi2$519,900$259,950$259,950
36301Dothan, AL 3630117.1 mi193$53,820,945$264,281$278,865
36305Dothan, AL 3630519.6 mi92$41,221,980$367,500$448,065
32428Chipley, FL 3242821.1 mi106$44,001,660$303,900$415,110
32420Alford, FL 3242021.4 mi12$6,262,644$339,000$521,887
36321Cowarts, AL 3632123.8 mi5$1,098,000$224,000$219,600
36312Ashford, AL 3631224.1 mi32$9,002,592$270,950$281,331
36303Dothan, AL 3630325.0 mi122$35,920,216$258,000$294,428
32464Westville, FL 3246425.6 mi8$4,174,000$590,500$521,750
36322Daleville, AL 3632226.2 mi25$4,278,400$167,669$171,136

Frequently Asked Questions

How many homes are for sale in GRACEVILLE, FL 32440?

As of June 2026, there are 23 active listings in GRACEVILLE, FL (zip code 32440), compared to 31 the prior year.

What is the median home price in GRACEVILLE, FL 32440?

The median listing price in GRACEVILLE, FL 32440 is $187,000 as of June 2026, a 5.4% increase from $177,500 the prior year.

How long do homes stay on the market in GRACEVILLE, FL?

Homes in GRACEVILLE, FL 32440 spend an average of 100 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in GRACEVILLE, FL 32440?

Based on current inventory and days-on-market data as of June 2026, GRACEVILLE, FL 32440 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 100 days on market compared to 62 days last year.

How much can I save on real estate commission in GRACEVILLE, FL?

With SELL123.com's maximum 3% commission, sellers in GRACEVILLE, FL 32440 save an estimated $3,740 compared to a typical 5% commission on the median listing price of $187,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.