$10,000 Closing Credit*
$950,000
2,206 SqFt
3 Beds
•2 Full Baths
Tonya Zimmern, Listing Office: Levin Rinke Realty
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 November 2023
At the same time last year, Santa Rosa County was a Seller's Market.
Key Takeaway
Santa Rosa County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Santa Rosa County, FL
How much do homes in Santa Rosa County, FL cost?
Median Sold Price
$375,715
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,792(+1.6%)
Key Takeaway
Homes in Santa Rosa County have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Santa Rosa County was $375,715 in November 2024, up 1.6% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $355K | +18.3% |
| 2 Bedrooms | $434.1K | $396K | -8.8% |
| 3 Bedrooms | $320.4K | $325K | +1.4% |
| 4 Bedrooms | $399.9K | $423.3K | +5.8% |
| 5+ Bedrooms | $512.8K | $590K | +15.0% |
Summary: Santa Rosa County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.3%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 15%.
Median Sold Price Compared To Nearby Counties
| Escambia County | $178K | $189K | +6.2% |
| Santa Rosa County | $369.9K | $375.7K | +1.6% |
| Escambia County | $295.1K | $294.5K | -0.2% |
| Okaloosa County | $363.7K | $353.5K | -2.8% |
Housing Supply in Santa Rosa County, FL
How many homes are available in Santa Rosa County, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,733 | 1,672 | -3.5% |
Summary: The Santa Rosa County real estate market had 1,672 homes for sale in November 2024, a 3.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 27 | 27 | 0.0% |
| 2 Bedrooms | 146 | 142 | -2.7% |
| 3 Bedrooms | 792 | 768 | -3.0% |
| 4 Bedrooms | 623 | 594 | -4.7% |
| 5+ Bedrooms | 145 | 141 | -2.8% |
Summary: The Santa Rosa County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 2.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 297 | 264 | -11.1% |
Asking Price vs. Sold Price
143 Homes Were Sold
Under Asking
74 Homes Were Sold
At Asking
36 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. 56.5% of homes here sold below asking price last month.
Summary: A total of 264 homes were sold or pending in Santa Rosa County in November 2024, down by 11.1% month-over-month. Of the 253 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 73 Days | +56.6% |
Summary: Homes in Santa Rosa County had an average of 73 days on market in Nov 2024, up by 56.6% compared to last year.
Breakdown of Home Sale Times
96 Homes Were Sold
Under 30 Days
90 Homes Were Sold
In 30 - 90 Days
78 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 November 2024, 264 homes were sold in Santa Rosa County; 36% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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