States · Florida · Putnam County

Welaka, Florida.

Typical home $261,885 (-3.3% in a year). Palatka, FL metro.

What it costs per month · Welaka $1,375/mo

to buy the typical home at today's mortgage rate — +$840 (+157%) since Jan 2020.

What the home itself did
1 year
Down $9,011 -3%
$270,895$261,885 since Sep 2025
5 years
Up $67,186 +35%
$194,699$261,885 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Welaka $1,375 Florida $1,970 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Welaka$1,375
  • Florida$1,970
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 12 years.

Typical home values in Welaka, FL fell 3.3% over the past year — slower than the nation's +1.2%.

Living in Welaka, Putnam County, Florida

Welaka is a town of 714 people in Putnam County. Unemployment in Putnam County was 5.6% in August 2026, and the county had 1.7% more jobs in 2025 than the year before. The most people in Putnam County work in schools and health care, then construction.

People 714 in the 2020 census
Household income Too few homes in Welaka for the Census survey to measure.
Unemployment 5.6% Putnam County, August 2026; 5.2% a year before
Homes Too few homes in Welaka for the Census survey to measure.

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Welaka is a very small town on the St. Johns River country of Putnam County, with far fewer residents than most towns people think of when they picture Florida. Homes here are valued well above what the county's modest incomes might suggest, and relatively few adults hold a four-year degree. Winters are mild and summers are hot, with little or no snow and a good deal of rain across the year.

Work. Residents work mostly in schools, hospitals and social care, the building trades, shops, and professional and business services, and only a small number work from home. Unemployment across Putnam County is a little higher than it was a year ago, though the county has added jobs over the past year. Among the largest workplaces across the county are Putnam Schools, Saint Johns River State College and HCA Florida Putnam Hospital.

Things to do. The Ocklawaha River and Welaka State Forest are in or beside town, so time outdoors is close at hand. A short drive away are the Welaka National Fish Hatchery, an aquarium-style visit, and Dunns Creek, a protected area. For a longer outing, Lake George and Ocala National Forest are a longer drive away.

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  • 12%of adults have a degree
  • 6%work from home

What people in Putnam County work in

  • Schools, hospitals and social care21%
  • Building trades13%
  • Shops (retail)11%
  • Professional and business services9%
  • Restaurants, hotels and entertainment9%
  • Manufacturing9%

Employed residents by industry, from the Census survey. Putnam County had 17,617 jobs in 2025, 1.7% more than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 68° and 47°; warmest in July, 91° and 74° 40° 50° 60° 70° 80° 90° 100° J 68° 47° F M A M J J 91° 74° A S O N D
Average daily high and low for each month: coldest in January, 68° and 47°; warmest in July, 91° and 74° 40° 50° 60° 70° 80° 90° 100° J 68° 47° F M A M J J 91° 74° A S O N D

Coldest in January, with highs near 68° and lows near 47°; warmest in July, with highs near 91° and lows near 74°. About 50 inches of rain a year, and little or no snow.

Average daily high and low, 1991–2020, at the Crescent City weather station, 10 miles away (NOAA).

Largest employers in Putnam County

  1. Putnam County School District (K-12)1,527
  2. Georgia -Pacific, Palatka Operations982
  3. Putnam County Government756
  4. St. Johns River State College489
  5. Wal-Mart408
  6. Putnam Community Medical Center378
  7. Eaze Florida LLC360
  8. St. Johns River Water Management District321

From Putnam County’s annual financial report for 2025, its schedule of principal employers (its source: “FYE 2024 - Sources & Notes:”), as Florida’s Auditor General publishes it: the report. Employees as the report counts them.

Natural hazards

  1. Coastal floodingRelatively high
  2. HurricanesRelatively high
  3. LightningRelatively high
  4. Inland floodingRelatively high
  5. TornadoesRelatively high
  6. WildfireRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Welaka’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Putnam County and the Palatka, FL metro.

Welaka home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$200,000 $300,000 $400,000 2018 2020 2022 2024 2026 Welaka $261,885 Florida $375,361 United States $366,157
$200,000 $300,000 $400,000 2018 2022 2026
  • Welaka$261,885
  • Florida$375,361
  • United States$366,157

Sellers are cutting prices on about 1 in 5 Welaka listings — the market is roughly in balance.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Share of listings with a price cut

The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.

15% 20% 25% 30% 35% 2026 Welaka 20.89% United States 26.36%
15% 20% 25% 30% 35% 2026
  • Welaka20.89%
  • United States26.36%

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

10 20 30 2022 2023 2024 2025 2026 Welaka 21
10 20 30 2022 2024 2026
  • Welaka21

Zip codes with a Welaka address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Welaka — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zillow publishes no zip-level series with this city on the address.