Miramar Beach Housing Market Report May 2025•Walton County, Florida

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Housing Prices in Miramar Beach, FL

How much do homes in Miramar Beach, FL cost?

Housing Market Conditions

Is Miramar Beach, 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

Miramar Beach is a Buyer's Market

Difference Since May 2024

At the same time last year, Miramar Beach was a Neutral Market.

Insight

Miramar Beach 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.
$720,000$488/SqFt
-$30,000
-4.0%

Based on all homes sold in the last 12 months

Insight

Homes in Miramar Beach have sold for 4% less than they did a year ago.

Summary: The median home sold price in Miramar Beach was $720,000 in May 2025, down 4% from last year, and the median price per square foot was $488.

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
Santa Rosa Beach
+3.0%
Walton Beaches
-0.5%
Miramar Beach
-4.0%
Destin
-8.6%

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.
BedsMay 2024May 2025Change YoY
1$370K$362.5K
-2.0%
2$580K$580K
0.0%
3$787.7K$790K
0.3%
4$1.2M$1.2M
-1.6%
5$1.9M$2.3M
+22.8%

Summary: Miramar Beach housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -2.0%. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by 0.3%. The home price for 4 bedroom homes decreased by -1.6%. The home price for 5 bedroom homes increased by +22.8%.

How does Miramar Beach, FL compare with other places?

Market comparison tool

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

Miramar Beach, FL

Housing supply in Miramar Beach, FL

How many homes are available in Miramar Beach, 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
816Last MonthMay 2025
7532 months agoApr 2025
+8.4 %
Change MoMApr – May

Summary: The Miramar Beach real estate market had 816 homes for sale in May 2025, a 8.4 % increase compared to Apr 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
42Last MonthMay 2025
532 months agoApr 2025
-20.8 %
Change MoMApr – May

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.
BedsApr 2025May 2025Change MoM
1123137
+11.4%
2225244
+8.4%
3216238
+10.2%
4116112
-3.4%
57385
+16.4%

Summary: Miramar Beach housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +11.4%. The inventory for 2 bedroom homes increased by +8.4%. The inventory for 3 bedroom homes increased by +10.2%. The inventory for 4 bedroom homes decreased by -3.4%. The inventory for 5 bedroom homes increased by +16.4%.

Asking Price vs. Sold Price

How much do homes in Miramar Beach, 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 Price0 Home

At Asking Price10 Homes

Under Asking Price32 Homes

Insight

If you're buying a home in Miramar Beach, you may be able to get a good deal. 76.2% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in Miramar Beach in May 2025, down by 20.8% month-over-month. Of the 42 sold homes, 76% were sold under asking, 24% were sold at asking, and and 0% were sold over asking.

Days on Market for Miramar Beach, FL

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

Breakdown of Home Sale Times

Under 30 Days14 Homes

30 – 90 Days9 Homes

Over 90 Days19 Homes

Insight

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

Summary: During May 2025, 42 homes were sold in Miramar Beach; 33% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 45% 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
127 DaysThis YearMay 2025
89 Days1 year agoMay 2024
+42.1 %
Change YoYMay 2024 – May 2025

Summary: Homes in Miramar Beach had an average listing age of 127 days in May 2025, up by 42.1% compared to the previous year.

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Newest Listings in Miramar Beach, FL

What homes are available in Miramar Beach, FL?

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MLS Disclaimers and Copyright

Based on information from Emerald Coast MLS, Central Panhandle Association of REALTORS® MLS, Pensacola MLS, Miami MLS, and Capital Area Technology & REALTOR Services Inc. for the period 06/01/2023 - 06/01/2025

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: 6/6/2025, 12:50:33 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: 6/6/2025, 3:45:29 AM 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: 6/6/2025, 12:55:30 AM 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: 6/6/2025, 3:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Tallahassee Board of REALTORS®, Inc. All rights reserved.

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: 6/6/2025, 3:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.