32547 Housing Market Report February 2025•Okaloosa County, Florida

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Housing Prices in 32547, FL

How much do homes in 32547, FL cost?

Housing Market Conditions

Is 32547, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

32547 is a Seller's Market

Difference Since February 2024

Since last year, 32547 has remained a Seller's Market.

Insight

32547 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$327,583$211/SqFt
+$2,583
+0.8%

Based on all homes sold in the last 12 months

Insight

Homes in 32547 have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in 32547 was $327,583 in February 2025, up 0.8% from last year, and the median price per square foot was $211.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
32547
+0.8%
32569
-0.8%
32579
-2.4%
32548
-8.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$175K$141.2K
-19.3%
2$226K$218.8K
-3.2%
3$325K$324.4K
-0.2%
4$428.9K$405K
-5.6%
5$527.7K$600K
+13.7%

Summary: 32547 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -19.3%. The home price for 2 bedroom homes decreased by -3.2%. The home price for 3 bedroom homes decreased by -0.2%. The home price for 4 bedroom homes decreased by -5.6%. The home price for 5 bedroom homes increased by +13.7%.

Housing supply in 32547, FL

How many homes are available in 32547, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
173Last MonthFeb 2025
1592 months agoJan 2025
+8.8 %
Change MoMJan – Feb

Summary: The 32547 real estate market had 173 homes for sale in Feb 2025, a 8.8 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
32Last MonthFeb 2025
272 months agoJan 2025
+18.5 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
111
0.0%
22321
-8.7%
37881
+3.8%
44858
+20.8%
5912
+33.3%

Summary: 32547 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -8.7%. The inventory for 3 bedroom homes increased by +3.8%. The inventory for 4 bedroom homes increased by +20.8%. The inventory for 5 bedroom homes increased by +33.3%.

Asking Price vs. Sold Price

How much do homes in 32547, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price9 Homes

Under Asking Price21 Homes

Insight

If you're buying a home in 32547, you may be able to get a good deal. 65.6% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 32547 in February 2025, up by 18.5% month-over-month. Of the 32 sold homes, 66% were sold under asking, 28% were sold at asking, and and 6% were sold over asking.

Days on Market for 32547, FL

How long does it take to sell a home in 32547, FL?

Breakdown of Home Sale Times

Under 30 Days10 Homes

30 – 90 Days7 Homes

Over 90 Days15 Homes

Insight

Most homes in 32547 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 32 homes were sold in 32547; 31% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
106 DaysThis YearFeb 2025
33 Days1 year agoFeb 2024
+222.6 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 32547 had an average listing age of 106 days in Feb 2025, up by 222.6% compared to the previous year.

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Newest Listings in 32547, FL

What homes are available in 32547, FL?

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MLS Disclaimers and Copyright

Based on information from Emerald Coast MLS, Pensacola MLS, Miami MLS, and Central Panhandle Association of REALTORS® MLS for the period 03/01/2023 - 03/01/2025

IDX Information Deemed Reliable but not guaranteed. 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/11/2025, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/11/2025, 1:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/11/2025, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX 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© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/11/2025, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.