#665560, Kevin Corcoran, Listing office: RE/MAX OF GULF SHORES
Perdido Key Housing Market Report May 2025•Escambia County, Florida
Housing Prices in Perdido Key, FL
How much do homes in Perdido Key, FL cost?
Housing Market Conditions
Is Perdido Key, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Perdido Key is a Buyer's Market
Difference Since May 2024
At the same time last year, Perdido Key was a Seller's Market.
Perdido Key is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Perdido Key have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in Perdido Key was $675,000 in May 2025, down 2.1% from last year, and the median price per square foot was $453.
Median Sold Price By Bedrooms
Beds | May 2024 | May 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $360K | $310.5K | -13.8% |
22 Bedrooms | $540K | $560K | +3.7% |
33 Bedrooms | $750K | $819K | +9.2% |
44 Bedrooms | $1.3M | $1.2M | -10.9% |
55+ Bedrooms | $2.7M | $1.1M | -59.5% |
Summary: Perdido Key housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -13.8%. The home price for 2 bedroom homes increased by +3.7%. The home price for 3 bedroom homes increased by +9.2%. The home price for 4 bedroom homes decreased by -10.9%. The home price for 5 bedroom homes decreased by -59.5%.
How does Perdido Key, FL compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Perdido Key, FL
Housing supply in Perdido Key, FL
How many homes are available in Perdido Key, FL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
308Last MonthMay 2025 | ||
3022 months agoApr 2025 | +2.0 % Change MoMApr – May |
Summary: The Perdido Key real estate market had 308 homes for sale in May 2025, a 2.0 % increase compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
25Last MonthMay 2025 | ||
232 months agoApr 2025 | +8.7 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 26 | 26 | 0.0% |
22 Bedrooms | 84 | 85 | +1.2% |
33 Bedrooms | 116 | 117 | +0.9% |
44 Bedrooms | 58 | 63 | +8.6% |
55+ Bedrooms | 18 | 17 | -5.6% |
Summary: Perdido Key housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +1.2%. The inventory for 3 bedroom homes increased by +0.9%. The inventory for 4 bedroom homes increased by +8.6%. The inventory for 5 bedroom homes decreased by -5.6%.
Asking Price vs. Sold Price
How much do homes in Perdido Key, FL cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price25 Homes
If you're buying a home in Perdido Key, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Perdido Key in May 2025, up by 8.7% month-over-month. Of the 25 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Perdido Key, FL
How long does it take to sell a home in Perdido Key, FL?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days2 Homes
Over 90 Days9 Homes
Most homes in Perdido Key are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2025, 25 homes were sold in Perdido Key; 16% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
163 DaysThis YearMay 2025 | ||
92 Days1 year agoMay 2024 | +76.3 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Perdido Key had an average listing age of 163 days in May 2025, up by 76.3% compared to the previous year.
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Newest Listings in Perdido Key, FL
What homes are available in Perdido Key, FL?
Nearby markets
Nearby markets aren't available for Perdido Key, FL
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MLS Disclaimers and Copyright
Based on information from Pensacola MLS, Baldwin County MLS Inc., Emerald Coast MLS, and Gulf Coast Multiple Listing Service for the period 06/01/2023 - 06/01/2025
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.

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.

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.
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.