Santa Rosa County real estate, your questions answered.
Short answer: as of 2026-06-09, Santa Rosa County scores 71/100 (strong buyer value) on our buyer-value scale, the typical home is worth $350,872, the market looks about 19% undervalued, and average insurance runs about $2,444 a year.
Answers update from live data (2026-06-09). For the full numbers, see the Santa Rosa County housing scorecard.
Is now a good time to buy a house in Santa Rosa County?
As of 2026-06-09, our Momentum Market Score for Santa Rosa County is 71 out of 100, which reads strong buyer value, meaning the market is priced low against incomes with real negotiating room. Prices are roughly flat (0.1% over the past year) and the area looks about 19% undervalued versus local incomes. A higher score means more buyer value and negotiating leverage; see the full Santa Rosa County scorecard for the breakdown.
Is Santa Rosa County a buyer's or seller's market?
Santa Rosa County currently reads strong buyer value on our 0 to 100 score (71/100), so it is priced low against incomes with real negotiating room. The score blends home value versus local incomes, price cuts, inventory trend, affordability and rent yield.
Are home prices going up or down in Santa Rosa County?
The typical home in Santa Rosa County is worth $350,872 (Zillow, 2026-06-09). Prices are roughly flat over the last year (0.1%) and have moved about 5.0% a year over five years.
Is Santa Rosa County housing overvalued?
On price versus the area's own long-run relationship with local income, Santa Rosa County looks about 19% undervalued, with a price-to-income ratio of 3.94x. This compares the current typical value to its historical norm, not to other markets.
How much does a house cost in Santa Rosa County?
The typical Santa Rosa County home is worth about $350,872 as of 2026-06-09, against a county median household income near $88,968.
How much is homeowners insurance in Santa Rosa County?
The average Citizens Property Insurance premium in Santa Rosa County is about $2,444 a year. Citizens is Florida's insurer of last resort, so that is a realistic floor; private quotes vary by roof age, elevation and flood zone. In Florida, insurance is now one of the largest line items in a housing budget.
Is Santa Rosa County a good place to invest in rental property?
The gross rent yield (cap-rate proxy) in Santa Rosa County is about 6.83%, with typical rent near $1,996 a month on a $350,872 home. Run the full numbers, including taxes and insurance, in our Florida investment property calculator.
Are people moving to or from Santa Rosa County?
In the latest IRS migration data, Santa Rosa County is net gaining about 1,478 households a year, drawing the most out-of-state arrivals from TX and AL.
Sources: Zillow, Realtor.com, U.S. Census, Freddie Mac/FRED, IRS migration, Citizens Property Insurance. Scores by Momentum Realty. Informational only, not investment, legal or insurance advice. Santa Rosa County scorecard · all county Q&A · all scorecards.