32566 Housing Market Report March 2025•Santa Rosa County, Florida

hero building illustration for mobile

Housing Prices in 32566, FL

How much do homes in 32566, FL cost?

Housing Market Conditions

Is 32566, 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

32566 is a Neutral Market

Difference Since March 2024

At the same time last year, 32566 was a Seller's Market.

Insight

32566 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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.
$435,396$219/SqFt
+$7,696
+1.8%

Based on all homes sold in the last 12 months

Insight

Homes in 32566 have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in 32566 was $435,396 in March 2025, up 1.8% from last year, and the median price per square foot was $219.

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
+2.0%
32566
+1.8%
32583
0.0%
32569
-1.1%
32548
-5.1%

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.
BedsMar 2024Mar 2025Change YoY
1$345K$320K
-7.2%
2$540K$569.2K
+5.4%
3$368.5K$366.5K
-0.5%
4$464K$480.5K
+3.6%
5$699K$664.7K
-4.9%

Summary: 32566 housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -7.2%. The home price for 2 bedroom homes increased by +5.4%. The home price for 3 bedroom homes decreased by -0.5%. The home price for 4 bedroom homes increased by +3.6%. The home price for 5 bedroom homes decreased by -4.9%.

How does 32566, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

32566, FL

Housing supply in 32566, FL

How many homes are available in 32566, 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
496Last MonthMar 2025
4492 months agoFeb 2025
+10.5 %
Change MoMFeb – Mar

Summary: The 32566 real estate market had 496 homes for sale in Mar 2025, a 10.5 % increase compared to Feb 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
74Last MonthMar 2025
612 months agoFeb 2025
+21.3 %
Change MoMFeb – Mar

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.
BedsFeb 2025Mar 2025Change MoM
11217
+41.7%
22825
-10.7%
3207219
+5.8%
4171197
+15.2%
53138
+22.6%

Summary: 32566 housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +41.7%. The inventory for 2 bedroom homes decreased by -10.7%. The inventory for 3 bedroom homes increased by +5.8%. The inventory for 4 bedroom homes increased by +15.2%. The inventory for 5 bedroom homes increased by +22.6%.

Asking Price vs. Sold Price

How much do homes in 32566, 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 Price8 Homes

At Asking Price21 Homes

Under Asking Price42 Homes

Insight

If you're buying a home in 32566, you may be able to get a good deal. 59.2% of homes here sold below asking price last month.

Summary: A total of 74 homes were sold or pending in 32566 in March 2025, up by 21.3% month-over-month. Of the 71 sold homes, 59% were sold under asking, 30% were sold at asking, and and 11% were sold over asking.

Days on Market for 32566, FL

How long does it take to sell a home in 32566, FL?

Breakdown of Home Sale Times

Under 30 Days24 Homes

30 – 90 Days21 Homes

Over 90 Days29 Homes

Insight

Most homes in 32566 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2025, 74 homes were sold in 32566; 32% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 39% 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
83 DaysThis YearMar 2025
60 Days1 year agoMar 2024
+38.5 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in 32566 had an average listing age of 83 days in Mar 2025, up by 38.5% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in 32566, FL

What homes are available in 32566, FL?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Florida

MLS Disclaimers and Copyright

Based on information from Pensacola MLS, Emerald Coast MLS, Beaches MLS, and Central Panhandle Association of REALTORS® MLS for the period 04/01/2023 - 04/01/2025

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: 5/1/2025, 7:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 5/1/2025, 7:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2025, 7:20:49 AM 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: 5/1/2025, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.