New - 2 hours on Rocket
$4,513 Closing Credit¹
#970738, Nico Ercolano, Heather Curry, Listing Office: Real Broker LLC
Midway Housing Market Report February 2025•Santa Rosa County, Florida
Housing Prices in Midway, FL
How much do homes in Midway, FL cost?
Housing Market Conditions
Is Midway, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Midway is a Buyer's Market
Difference Since February 2024
At the same time last year, Midway was a Seller's Market.
Insight
Midway is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$418,066$221/SqFt
+$12,104
+3.0%
Based on all homes sold in the last 12 months
Insight
Homes in Midway have sold for 3% more than they did a year ago.
Summary: The median home sold price in Midway was $418,066 in February 2025, up 3% from last year, and the median price per square foot was $221.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Gulf Breeze | $450K | $490.4K | +9.0% |
| Holley-Navarre | $403K | $421K | +4.5% |
| Midway | $405.9K | $418K | +3.0% |
| Bagdad | $285K | $275K | -3.5% |
| Avalon-Mulat | $309.9K | $285.9K | -7.8% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $178.5K | $127.5K | -28.6% |
| 22 Bedrooms | $283K | $280K | -1.1% |
| 33 Bedrooms | $359.6K | $365K | +1.5% |
| 44 Bedrooms | $459.9K | $499.9K | +8.7% |
| 55+ Bedrooms | $647.5K | $720K | +11.2% |
Summary: Midway housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -28.6%. The home price for 2 bedroom homes decreased by -1.1%. The home price for 3 bedroom homes increased by +1.5%. The home price for 4 bedroom homes increased by +8.7%. The home price for 5 bedroom homes increased by +11.2%.
Housing supply in Midway, FL
How many homes are available in Midway, FL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 285Last MonthFeb 2025 | ||
| 2592 months agoJan 2025 | +10.0 % Change MoMJan – Feb |
Summary: The Midway real estate market had 285 homes for sale in Feb 2025, a 10.0 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 32Last MonthFeb 2025 | ||
| 332 months agoJan 2025 | -3.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 6 | 7 | +16.7% |
| 22 Bedrooms | 14 | 13 | -7.1% |
| 33 Bedrooms | 131 | 142 | +8.4% |
| 44 Bedrooms | 81 | 94 | +16.0% |
| 55+ Bedrooms | 27 | 29 | +7.4% |
Summary: Midway housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +16.7%. The inventory for 2 bedroom homes decreased by -7.1%. The inventory for 3 bedroom homes increased by +8.4%. The inventory for 4 bedroom homes increased by +16.0%. The inventory for 5 bedroom homes increased by +7.4%.
Asking Price vs. Sold Price
How much do homes in Midway, FL cost?
Over Asking Price4 Homes
At Asking Price3 Homes
Under Asking Price20 Homes
Insight
If you're buying a home in Midway, you may be able to get a good deal. 74.1% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Midway in February 2025, down by 3.0% month-over-month. Of the 27 sold homes, 74% were sold under asking, 11% were sold at asking, and and 15% were sold over asking.
Days on Market for Midway, FL
How long does it take to sell a home in Midway, FL?
Breakdown of Home Sale Times
Under 30 Days16 Homes
30 – 90 Days7 Homes
Over 90 Days9 Homes
Insight
Many homes in Midway are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 32 homes were sold in Midway; 50% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 54 DaysThis YearFeb 2025 | ||
| 60 Days1 year agoFeb 2024 | -9.1 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Midway had an average listing age of 54 days in Feb 2025, down by 9.1% compared to the previous year.
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Newest Listings in Midway, FL
What homes are available in Midway, FL?
New - 5 hours on Rocket
$3,444 Closing Credit¹
#382946, Listing Office: Keller Williams Town & Country
New - 6 hours on Rocket
#660421, Sherlyn Waghalter, Listing Office: Berkshire Hathaway Home Services PenFed Realty
New - 9 hours on Rocket
$10,000 Closing Credit¹
#660413, Lynn Peters, Listing Office: Levin Rinke Realty
New - 2 days on Rocket
$6,233 Closing Credit¹
#660337, Stacy Bragg, Listing Office: Engel & Volkers Pensacola
New - 2 days on Rocket
$5,106 Closing Credit¹
#970585, Allison J Byrne, Listing Office: Berkshire Hathaway HomeServices
New - 2 days on Rocket
$2,613 Closing Credit¹
#970500, Green Beret Group, Amber Bedi, Listing Office: Keller Williams Realty FWB, Keller Williams Realty Navarre
New - 2 days on Rocket
$3,788 Closing Credit¹
#660364, Moe Mossa, Listing Office: Savvy Avenue, LLC
New - 2 days on Rocket
$10,000 Closing Credit¹
#660357, Nancy Grogan, Listing Office: Berkshire Hathaway Home Services PenFed Realty
New - 2 days on Rocket
$7,244 Closing Credit¹
#970545, Sarah A Hutchison, Listing Office: Southern Ventures
New - 2 days on Rocket
$9,441 Closing Credit¹
#660342, Seth Scott, Listing Office: CENTURY 21 AMERISOUTH REALTY
New - 3 days on Rocket
$7,351 Closing Credit¹
#660334, Paula Patching, Listing Office: KELLER WILLIAMS REALTY EMERALD COAST WEST BRANCH
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Based on information from Pensacola MLS, Emerald Coast MLS, Capital Area Technology & REALTOR Services Inc., and Stellar MLS for the period 03/01/2023 - 03/01/2025
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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: 3/10/2025, 4:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 3/10/2025, 4:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings courtesy of Stellar MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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Last updated on: 3/10/2025, 4:20:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.