$10,000 Closing Credit*
$899,000
4,040 SqFt
6 Beds
•3 Full Baths, 1 Partial
David Gruden, Listing Office: Key Impressions LLC
Is Santa Rosa County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Santa Rosa County has remained a Seller's Market.
Key Takeaway
Santa Rosa County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Santa Rosa County, FL
How much do homes in Santa Rosa County, FL cost?
Median Sold Price
$374,995
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,811(+1.3%)
Key Takeaway
Homes in Santa Rosa County have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Santa Rosa County was $374,995 in October 2024, up 1.3% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $303.5K | $355K | +16.9% |
| 2 Bedrooms | $439.5K | $390K | -11.3% |
| 3 Bedrooms | $320K | $325K | +1.5% |
| 4 Bedrooms | $400K | $417.7K | +4.4% |
| 5+ Bedrooms | $502.1K | $590K | +17.5% |
Summary: Santa Rosa County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.9%, 2 bedroom homes decreased by 11.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 17.5%.
Median Sold Price Compared To Nearby Counties
| Escambia County | $181.2K | $189K | +4.3% |
| Santa Rosa County | $370.1K | $374.9K | +1.3% |
| Escambia County | $294.9K | $294.8K | -0.1% |
| Okaloosa County | $360.3K | $353.4K | -1.9% |
Housing Supply in Santa Rosa County, FL
How many homes are available in Santa Rosa County, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,721 | 1,779 | +3.4% |
Summary: The Santa Rosa County real estate market had 1,779 homes for sale in October 2024, a 3.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 23 | 28 | +21.7% |
| 2 Bedrooms | 142 | 146 | +2.8% |
| 3 Bedrooms | 772 | 814 | +5.4% |
| 4 Bedrooms | 640 | 645 | +0.8% |
| 5+ Bedrooms | 144 | 146 | +1.4% |
Summary: The Santa Rosa County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.7%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 1.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 263 | 306 | +16.3% |
Asking Price vs. Sold Price
150 Homes Were Sold
Under Asking
100 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Santa Rosa County, you may be able to get a good deal. 52.1% of homes here sold below asking price last month.
Summary: A total of 306 homes were sold or pending in Santa Rosa County in October 2024, up by 16.3% month-over-month. Of the 288 sold homes, 52% were sold under asking, 35% were sold at asking, and 13% were sold over asking.
Days on Market for Santa Rosa County, FL
How long does it take to sell a home in Santa Rosa County, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 63 Days | +38.1% |
Summary: Homes in Santa Rosa County had an average of 63 days on market in Oct 2024, up by 38.1% compared to last year.
Breakdown of Home Sale Times
128 Homes Were Sold
Under 30 Days
97 Homes Were Sold
In 30 - 90 Days
81 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Santa Rosa County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 306 homes were sold in Santa Rosa County; 42% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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