Is Santa Rosa County, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Santa Rosa County is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Santa Rosa County has remained a Seller's Market.

Key Takeaway

Santa Rosa County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Santa Rosa County, FL cost?

Median Sold Price

$377,858

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$58,929(+18.5%)

Key Takeaway

Homes in Santa Rosa County have sold for 18.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $230K$302.5K
+31.5%
2 $387K$476K
+23.0%
3 $280K$330K
+17.9%
4 $353.9K$435K
+22.9%
5+ $575K$559.5K
-2.7%

Median Sold Price Compared To Nearby Counties

Escambia County
+20.2%
Santa Rosa County
+18.5%
Okaloosa County
+14.8%

How many homes are available in Santa Rosa County, FL?

Number of Homes For Sale

Jul 2022Aug 2022%
349345-1.1%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 34
+33.3%
2 1315
+15.4%
3 167167
0.0%
4 139134
-3.6%
5+ 2725
-7.4%

Number of Homes Sold

Jul 2022Aug 2022%
8692+7.0%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

34 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Santa Rosa County, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
12 Days20 Days+64.2%

Breakdown of Home Sale Times

68 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Santa Rosa County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Santa Rosa County, FL

Homes for sale in Santa Rosa County, FL have reached 345. In August 2022 in Santa Rosa County, FL there were 1.1% less homes for sale than in July 2022. While the average time on the market in August 2022 was 20 days, the median list price was $377,858. From July 2022 through August 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 31.5%, prices of 2 bedrooms properties increased by 23%, prices of 3 bedrooms properties increased by 17.9%, prices of 4 bedrooms properties increased by 22.9%, 5 bedrooms properties became 2.7% more cheaper. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went up by 33.3%, number of 2 bedrooms homes increased by 15.4%, volume of 3 bedrooms homes stayed the same, number of 4 bedrooms homes decreased by 3.6%, number of 5 bedrooms homes decreased by 7.4%. While more than 22 listings in Santa Rosa County, FL in August 2022 were sold above asking price, there were more than 34 listings sold at asking price, and more than 35 were sold below.

Related Housing Market Reports