Jay
Housing Market
Median sale price $409,000, up 1.7% year over year, with homes going under contract in about 74 days, 10 homes on the market.
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Housing Market Analyst
Inventory sits at 27.0 months of supply — heavy by the 3-to-6-month balanced benchmark, and 19% of listed homes are already under contract. Prices are up 1.7% versus the prior year and sellers are still collecting 99.9% of asking. Taken together, the data leans toward buyers — leverage is real for those ready to use it.
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 buyers.
- Prices — heavy supply keeps the pressure on sellers; softening is the path of least resistance.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 19% 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 Jay data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on Jay
The median sale price across Jay currently stands at $409,000, up 1.7% from a year ago. Buyers are paying a median of $195 per square foot. The typical home goes under contract in about 74 days. Sellers are capturing 99.9% of their original asking price on average.
There are 10 active listings on the market, with 2 more already under contract. At the current sales pace that works out to 27.0 months of supply — a buyer-leaning market by the standard six-month benchmark. 12 homes closed here over the trailing 12 months.
Jay prices sit above the Santa Rosa County median by roughly 11%. 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 Jay is 42 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 September 20, 2026.
Where the market is heading
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 Jay
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
Buyers: ask for concessions — rate buydowns and repair credits are back on the table. Sellers: presentation and the first two weekends decide your outcome; price accordingly.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
How it stacks up across Santa Rosa County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Jay ← this page | $409K | 10 | 42 | |
| Milton | $320K | 153 | 68 | Open → |
| Gulf Breeze | $427K | 82 | 65 | Open → |
| Pace | $375K | 48 | 68 | Open → |
| Navarre | $448K | 17 | 78 | Open → |
Jay ZIP codes
Most active communities
More on Jay
Put this data to work
The questions people actually ask
Should I buy a house in Jay right now?
The data says conditions currently favor buyers in Jay — the Momentum Score reads 42/100 with 27.0 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 Jay becoming more affordable?
No — the median sale price in Jay is $409,000, up 1.7% versus the prior year, while sellers still capture 99.9% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
How does Jay compare to the rest of Santa Rosa County?
Jay's median of $409,000 runs 11% above the county-wide median of $369,900, and homes here take 74 days to go under contract versus 55 county-wide.
Jay housing market FAQ
How is the housing market in Jay right now?
As of September 20, 2026, the Jay housing market favors buyers: the median sale price is $409,000 (up 1.7% year over year), 10 homes are for sale against 12 sales in the last 12 months, which is 27.0 months of supply, and the typical home goes under contract in about 74 days.
How much is a house in Jay?
The median home sold for $409,000 in Jay over the last 12 months, about $195 per square foot; asking prices on the 10 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in Jay?
By the numbers, sellers in Jay are getting 99.9% of asking price and going under contract in about 74 days with 27.0 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the Jay housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Jay median sale prices are up 1.7% year over year, inventory stands at 27.0 months of supply, and 19% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in Jay?
The median sale price in Jay is currently $409,000, up 1.7% from a year ago, based on MLS sales data updated September 20, 2026.
Is Jay a buyer's or seller's market right now?
The data currently favors buyers. Jay scores 42 of 100 on the Momentum Score, with 27.0 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in Jay?
The typical home in Jay goes under contract in about 74 days, per current MLS data.
How many homes are for sale in Jay?
There are approximately 10 active listings in Jay as of September 20, 2026.
Are home prices in Jay rising or falling?
Median sale prices are up 1.7% 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 Jay. 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: September 20, 2026 at 9:11 PM 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.