Cantonment Housing Market Report January 2025•Escambia County, Florida

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Housing Prices in Cantonment, FL

How much do homes in Cantonment, FL cost?

Housing Market Conditions

Is Cantonment, 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

Cantonment is a Buyer's Market

Difference Since January 2024

Since last year, Cantonment has remained a Buyer's Market.

Insight

Cantonment is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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.
$319,817$173/SqFt
+$6,819
+2.2%

Based on all homes sold in the last 12 months

Insight

Homes in Cantonment have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Cantonment was $319,817 in January 2025, up 2.2% from last year, and the median price per square foot was $173.

Median Sold Price By Cities

Median Sold Price By Cities
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
Lillian
+7.9%
Cantonment
+2.2%
Pace
+2.1%

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.
BedsJan 2024Jan 2025Change YoY
1-$205K
N/A
2$194.5K$180K
-7.5%
3$280K$285.1K
+1.8%
4$329.9K$359.9K
+9.1%
5$394.4K$525K
+33.1%

Summary: Cantonment housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -7.5%. The home price for 3 bedroom homes increased by +1.8%. The home price for 4 bedroom homes increased by +9.1%. The home price for 5 bedroom homes increased by +33.1%.

Housing supply in Cantonment, FL

How many homes are available in Cantonment, 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
422Last MonthJan 2025
4282 months agoDec 2024
-1.4 %
Change MoMDec – Jan

Summary: The Cantonment real estate market had 422 homes for sale in Jan 2025, a 1.4 % decrease compared to Dec 2024.

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
59Last MonthJan 2025
852 months agoDec 2024
-30.6 %
Change MoMDec – Jan

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.
BedsDec 2024Jan 2025Change MoM
122
0.0%
21915
-21.1%
3191191
0.0%
4167168
+0.6%
54946
-6.1%

Summary: Cantonment housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -21.1%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +0.6%. The inventory for 5 bedroom homes decreased by -6.1%.

Asking Price vs. Sold Price

How much do homes in Cantonment, 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 Price3 Homes

At Asking Price19 Homes

Under Asking Price29 Homes

Insight

If you're buying a home in Cantonment, you may be able to get a good deal. 56.9% of homes here sold below asking price last month.

Summary: A total of 59 homes were sold or pending in Cantonment in January 2025, down by 30.6% month-over-month. Of the 51 sold homes, 57% were sold under asking, 37% were sold at asking, and and 6% were sold over asking.

Days on Market for Cantonment, FL

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

Breakdown of Home Sale Times

Under 30 Days11 Homes

30 – 90 Days18 Homes

Over 90 Days30 Homes

Insight

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

Summary: During January 2025, 59 homes were sold in Cantonment; 19% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 51% 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
103 DaysThis YearJan 2025
59 Days1 year agoJan 2024
+74.3 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Cantonment had an average listing age of 103 days in Jan 2025, up by 74.3% compared to the previous year.

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Newest Listings in Cantonment, FL

What homes are available in Cantonment, FL?

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Based on information from Pensacola MLS, Emerald Coast MLS, Baldwin County MLS Inc., Stellar MLS, and Capital Area Technology & REALTOR Services Inc. for the period 02/01/2023 - 02/01/2025

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Last updated on: 2/20/2025, 11:55:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 2/21/2025, 1:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 2/20/2025, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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The data relating to real estate on this web site comes in part from the IDX Program of the Tallahassee Board of REALTORS®, Inc. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. 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 deemed reliable but not guaranteed. The broker providing this data believes it to be correct, but advises interested parties to confirm information before relying on it for a purchase decision.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 1:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.