32561 (Gulf Breeze)
Housing Market
Median sale price $420,000, down 4.0% year over year, with homes going under contract in about 32 days, 14 homes on the market.
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Housing Market Analyst
Inventory sits at 5.4 months of supply — balanced by the 3-to-6-month balanced benchmark, and 12% of listed homes are already under contract. Prices are down 4.0% versus the prior year, but sellers are still collecting 96.1% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors neither side decisively.
- Prices — balanced supply argues for a sideways market; condition and pricing decide individual outcomes.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 12% of inventory sits under contract.
- Mortgage sensitivity — at 4.0× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here gradually.
Derived from current 32561 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
The read on 32561 (Gulf Breeze)
The median sale price across 32561 currently stands at $420,000, down 4.0% from a year ago. Buyers are paying a median of $274 per square foot. The typical home goes under contract in about 32 days. Sellers are capturing 96.1% of their original asking price on average.
There are 14 active listings on the market, with 3 more already under contract. At the current sales pace that works out to 5.4 months of supply — roughly balanced conditions by the standard six-month benchmark. 34 homes closed here over the trailing 12 months.
Zillow's home value index for Santa Rosa County stands at $353,670. About 27% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 32561 is 49 of 100 — buyer's opportunity territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of August 31, 2026.
32561 since 2012 — and where it’s heading
A median home here sold for $185,239 in 2012 and $461,564 over the last recorded year — 149% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (568 recorded sales)
Days on market by year
Home value trend · Santa Rosa County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Santa Rosa County (MLS)
Median price · daily recalculation
What’s driving 32561
Top inbound states: TX, AL, VA, CA. Movers arriving report ~$80,188 average income. Source: IRS SOI county-to-county migration, 2022-2023
876 Citizens policies in force in Santa Rosa County — the state-backed insurer of last resort. Budget insurance into any Santa Rosa purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
1,929 single-family · 0 multi-family · 10.0 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
Both sides have a case: buyers should negotiate on days-on-market, sellers should lean on the under-contract rate. Preparation, not the market, decides who wins a balanced tape.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Santa Rosa
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 32561 ← this page | $420K | 14 | 49 | |
| 32563 | $420K | 13 | 67 | Open → |
| 32571 | $356K | 11 | 49 | Open → |
Neighborhoods on the move
| Villa VenyceGulf Breeze | $420K | ▲ -20% |
| Villa VenyceGulf Breeze | $420K | ▼ 20% |
| Lighthouse PointeGulf Breeze | $444K | 3 |
| Villa VenyceGulf Breeze | $420K | 1 |
| Villa VenyceGulf Breeze | $420K | 16 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 32561 right now?
The data says conditions currently favor neither side decisively in 32561 — the Momentum Score reads 49/100 with 5.4 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 32561 becoming more affordable?
Yes, modestly — the median sale price in 32561 is $420,000, down 4.0% versus the prior year, while sellers still capture 96.1% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in 32561?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Villa Venyce (-20%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which 32561 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Villa Venyce (16 days) — homes there go under contract well ahead of the market-wide pace of 32 days.
32561 (Gulf Breeze) housing market FAQ
What is the median home price in 32561?
The median sale price in 32561 is currently $420,000, down 4.0% from a year ago, based on MLS sales data updated August 31, 2026.
Is 32561 a buyer's or seller's market right now?
The data currently is roughly balanced. 32561 scores 49 of 100 on the Momentum Score, with 5.4 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 32561?
The typical home in 32561 goes under contract in about 32 days, per current MLS data.
How many homes are for sale in 32561?
There are approximately 14 active listings in 32561 as of August 31, 2026.
Are home prices in 32561 rising or falling?
Median sale prices are down 4.0% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 32561 (Gulf Breeze). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: August 31, 2026 at 7:34 AM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.