Saint Augustine Home Prices: $444K, Down 3% — 5 ZIPs (2026)

$444,467. That’s what a typical home is worth in Saint Augustine, FL as of February 2026. Prices are down 3.0% from a year ago, making this one of the few Florida markets where buyers have a little more room to negotiate than they did in 2025.

Quick answer: The average home price in Saint Augustine, FL is $444,467 as of February 2026, down 3.0% year over year according to Zillow.

Current Home Prices in Saint Augustine

The numbers tell a clear story. Saint Augustine homes sit well above the national typical value, but the local trend has shifted from steady appreciation to a modest pullback.

The gap between the cheapest and priciest ZIPs is wide. The most expensive area carries a value 55% higher than the cheapest. That spread matters if you’re shopping. Two homes a few miles apart can sit on opposite sides of a $190,000 line.

The 3% annual drop is real, but it’s not a crash. It works out to roughly $13,600 off the typical home over twelve months. Sellers who bought near the 2025 peak may need to adjust expectations. Buyers who sat out 2024 now have a bit more bargaining power than they did a year ago, especially in the higher-priced beach and northern ZIPs where prices peaked first.

Saint Augustine Home Prices by Neighborhood

Five ZIP codes make up the local market. Coastal areas command the highest prices. The downtown core and inland ZIPs are the cheapest.

Most Expensive

• 32080 — $538,105. Saint Augustine Beach territory. The priciest ZIP carries a value 21% above the city median, but rents at $2,146 sit close to the city average — coastal homes appreciate faster than they rent.
• 32095 — $503,892. Half a million for a typical home. This northern coastal corridor runs about 13% above the city median.
• 32092 — $466,662. The World Golf Village area. Slightly above the city average on price, but the highest rent in the city at $2,287, suggesting strong tenant demand.

Most Affordable

• 32084 — $346,719. The cheapest ZIP and the only one with rent under $1,900. A buyer here pays nearly $200,000 less than in 32080 for a typical home.
• 32086 — $366,954. South of the historic district. Roughly 17% below the city median on price, with rent close to the citywide average.
• 32092 — $466,662. Technically above the median, but the cheapest of the three “above-average” ZIPs and the rent-to-price ratio favors landlords.

Rent vs Buy in Saint Augustine

Renting wins on monthly cost. The math isn’t close.

Average rent across the five ZIPs runs about $2,107 a month. A 20% down payment on the median $444,467 home leaves a mortgage of roughly $355,500. At a 7% rate over 30 years, principal and interest alone come to about $2,365 a month. Add property taxes (roughly $370 at a 1% effective rate) and homeowners insurance (Florida runs high — figure $200 a month minimum), and the total monthly nut climbs past $2,900.

Buyers pay about $830 more per month than renters. That gap covers a lot of ground — equity buildup, tax deductions, and any future appreciation — but with prices currently falling 3% a year, the appreciation argument is weaker in 2026 than it was in 2022.

The cheapest ZIP, 32084, is the one place the math gets close. Rent there averages $1,845 and the typical home value is $346,719. With a similar 20% down at 7%, monthly costs run roughly $2,300. The premium to buy shrinks to about $450 a month — a more reasonable figure for someone planning to stay five-plus years.

Saint Augustine Housing Market Trends

The 12-month trail shows where the slide came from.

The pattern is two phases. From March through October, prices fell every single month, shedding about $14,000 over eight months. Then the slide stopped. Since November, the median has crept up by less than $900 total — essentially flat, but with the direction reversed.

That’s the data point worth watching. The bottom of this cycle may have hit in October or November 2025. Three months of small upticks isn’t a recovery yet. It is enough to suggest the steepest declines are behind the market.

Is Saint Augustine a Good Place to Buy in 2026?

The answer depends on your time horizon.

For short-term buyers, this is a buyer’s market. Prices are 3% below where they were a year ago, and the recent flattening means you’re not catching a falling knife. Sellers who priced for 2024 are slowly capitulating. You have negotiating room, especially in the $500K-plus coastal ZIPs.

For long-term buyers, the calculus is different. Florida insurance costs are unpredictable. Rates near 7% wipe out a lot of the price discount. And the rent-vs-buy math currently favors renting by about $830 a month at the city median.

The strongest play in this market is the cheap end. ZIP 32084 at $346,719 with $1,845 rent gives the closest rent-to-buy parity you’ll find here. Investors who want positive cash flow should look there first. Owner-occupants who want lower property taxes and lower insurance should also concentrate inland.

Saint Augustine Housing Market Outlook for 2026-2027

The 3-month trend suggests a market that has stopped falling but hasn’t started growing.

If the current pace continues — three consecutive months of gains under 0.15% — Saint Augustine is on track for a flat to slightly positive 2026, somewhere between -1% and +1% year over year by mid-summer. That’s a meaningful shift from the -3% reading the market just posted.

What could change that? Two things. A drop in mortgage rates would re-energize buyer demand and could push the recovery faster. A spike in Florida insurance costs or a hurricane season disruption could send prices back into decline, particularly in the coastal ZIPs where carrying costs are most exposed. The 32080 and 32095 ZIPs would feel that first.

For the next 3-6 months, expect more of the same pattern — small monthly moves, no dramatic swings either way. The data does not support predictions of either a rally or another leg down.

Similar Markets in FL

• Jacksonville — same metro area, useful for buyers comparing Saint Augustine’s premium against the larger nearby market.
• Tampa — another coastal Florida market worth comparing on the rent-to-price ratio.
• Orlando — central Florida benchmark with a different demand profile (tourism and corporate vs. retiree and beach).
• Port Saint Lucie — east-coast Florida market often cross-shopped by buyers priced out of South Florida.
• Miami — the high end of the Florida market, useful as a price ceiling reference.

Frequently Asked Questions

What is the average home price in Saint Augustine?

The average home price in Saint Augustine, FL is $444,467 as of February 2026. The figure is the Zillow Home Value Index across the five ZIP codes that make up the city. Individual neighborhoods range from $346,719 in 32084 to $538,105 in 32080.

Are home prices going up or down in Saint Augustine?

Down. Prices are 3.0% lower than they were in February 2025, a drop of roughly $13,600 on the typical home. That said, the slide stopped in November 2025, and the median has ticked up slightly each month since.

Is it cheaper to rent or buy in Saint Augustine?

Renting is cheaper by about $830 a month. The average rent across the city runs $2,107, while the all-in monthly cost of buying the median home with 20% down at a 7% rate — including taxes and insurance — comes to roughly $2,935. Buyers gain equity over time, but with prices currently falling, that long-term math is weaker than it was a few years ago.

What is the most affordable neighborhood in Saint Augustine?

ZIP 32084 is the cheapest at $346,719, about 22% below the city median. It’s also the only ZIP with rent under $1,900 a month. For buyers focused on affordability or investors looking for the best rent-to-price ratio, 32084 is the place to start.

Methodology

Home values are based on the Zillow Home Value Index (ZHVI), a smoothed measure of typical home values in the 35th to 65th percentile range. Rent estimates use the Zillow Observed Rent Index (ZORI). Population figures come from the U.S. Census Bureau Population Estimates Program (2020-2024 vintage). All datasets are publicly available. Housing data updated 2026-02-28.