$831 Closing Credit*
$70,000
3,500 SqFt
5 Beds
•2 Full Baths
Soime Gato, Listing Office: EXP Realty, LLC
Is Escambia County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Escambia County was a Seller's Market.
Key Takeaway
Escambia County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Escambia County, FL
How much do homes in Escambia County, FL cost?
Median Sold Price
$294,825
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$149(-0.1%)
Key Takeaway
The sold price of homes in Escambia County has remained the same since last year.
Summary: The median home sold price in Escambia County was $294,825 in October 2024, down 0.1% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $287.5K | $250K | -13.0% |
| 2 Bedrooms | $192.4K | $214.5K | +11.5% |
| 3 Bedrooms | $269.7K | $270.1K | 0.1% |
| 4 Bedrooms | $339.8K | $350.5K | +3.1% |
| 5+ Bedrooms | $406.6K | $590K | +45.1% |
Summary: Escambia County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 45.1%.
Median Sold Price Compared To Nearby Counties
| Escambia County | $181.2K | $189K | +4.3% |
| Baldwin County | $380.6K | $386.9K | +1.6% |
| Santa Rosa County | $370.1K | $374.9K | +1.3% |
| Escambia County | $294.9K | $294.8K | -0.1% |
Housing Supply in Escambia County, FL
How many homes are available in Escambia County, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2,388 | 2,491 | +4.3% |
Summary: The Escambia County real estate market had 2,491 homes for sale in October 2024, a 4.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 53 | 58 | +9.4% |
| 2 Bedrooms | 331 | 352 | +6.3% |
| 3 Bedrooms | 1,253 | 1,319 | +5.3% |
| 4 Bedrooms | 615 | 626 | +1.8% |
| 5+ Bedrooms | 136 | 136 | 0.0% |
Summary: The Escambia County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 346 | 349 | +0.9% |
Asking Price vs. Sold Price
183 Homes Were Sold
Under Asking
95 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Escambia County, you may be able to get a good deal. 57.5% of homes here sold below asking price last month.
Summary: A total of 349 homes were sold or pending in Escambia County in October 2024, up by 0.9% month-over-month. Of the 318 sold homes, 58% were sold under asking, 30% were sold at asking, and 13% were sold over asking.
Days on Market for Escambia County, FL
How long does it take to sell a home in Escambia County, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 63 Days | +45.0% |
Summary: Homes in Escambia County had an average of 63 days on market in Oct 2024, up by 45% compared to last year.
Breakdown of Home Sale Times
149 Homes Were Sold
Under 30 Days
106 Homes Were Sold
In 30 - 90 Days
85 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Escambia County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 349 homes were sold in Escambia County; 43% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.