$3,551 Closing Credit*
$299,000
2,368 SqFt
3 Beds
•2 Full Baths
Opey Coulter, Listing Office: Coldwell Banker Realty
Is Escambia County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$294,553
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$612(-0.2%)
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 $294,553 in November 2024, down 0.2% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290.4K | $250K | -13.9% |
| 2 Bedrooms | $195K | $213.9K | +9.7% |
| 3 Bedrooms | $269.9K | $270.1K | 0.1% |
| 4 Bedrooms | $341.3K | $350K | +2.5% |
| 5+ Bedrooms | $410K | $590K | +43.9% |
Summary: Escambia County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.9%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 43.9%.
Median Sold Price Compared To Nearby Counties
| Escambia County | $178K | $189K | +6.2% |
| Baldwin County | $379.9K | $388.2K | +2.2% |
| Santa Rosa County | $369.9K | $375.7K | +1.6% |
| Escambia County | $295.1K | $294.5K | -0.2% |
Housing Supply in Escambia County, FL
How many homes are available in Escambia County, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2,370 | 2,355 | -0.6% |
Summary: The Escambia County real estate market had 2,355 homes for sale in November 2024, a 0.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 60 | 59 | -1.7% |
| 2 Bedrooms | 326 | 332 | +1.8% |
| 3 Bedrooms | 1,275 | 1,239 | -2.8% |
| 4 Bedrooms | 584 | 594 | +1.7% |
| 5+ Bedrooms | 125 | 131 | +4.8% |
Summary: The Escambia County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 1.7%, 2 bedroom homes increased by 1.8%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 4.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 347 | 303 | -12.7% |
Asking Price vs. Sold Price
171 Homes Were Sold
Under Asking
79 Homes Were Sold
At Asking
31 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. 60.9% of homes here sold below asking price last month.
Summary: A total of 303 homes were sold or pending in Escambia County in November 2024, down by 12.7% month-over-month. Of the 281 sold homes, 61% were sold under asking, 28% were sold at asking, and 11% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 66 Days | +46.4% |
Summary: Homes in Escambia County had an average of 66 days on market in Nov 2024, up by 46.4% compared to last year.
Breakdown of Home Sale Times
121 Homes Were Sold
Under 30 Days
98 Homes Were Sold
In 30 - 90 Days
68 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 November 2024, 303 homes were sold in Escambia County; 40% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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 has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.