Pace
Housing Market
Median sale price $372,535, down 1.5% year over year, with homes going under contract in about 37 days, 38 homes on the market.
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Housing Market Analyst
Inventory sits at 2.1 months of supply — tight by the 3-to-6-month balanced benchmark, and 43% of listed homes are already under contract. Prices are down 1.5% versus the prior year, but sellers are still collecting 97.5% of asking. Taken together, the data points to a seller-leaning market.
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 sellers.
- Prices — more likely to stabilize than fall sharply. Supply remains below balanced levels even as prices soften; without a meaningful inventory build, further declines tend to be shallow.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — sellers hold the leverage while 43% 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 Pace 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.
Where Pace is hot — and where it isn't
Each dot is a community (25 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on Pace
The median sale price across Pace currently stands at $372,535, down 1.5% from a year ago. Buyers are paying a median of $177 per square foot. The typical home goes under contract in about 37 days. Sellers are capturing 97.5% of their original asking price on average.
There are 38 active listings on the market, with 38 more already under contract. At the current sales pace that works out to 2.1 months of supply — a seller-leaning market by the standard six-month benchmark. 290 homes closed here over the trailing 12 months.
Pace prices sit above the Santa Rosa County median by roughly 4%. Zillow's home value index for Santa Rosa County stands at $353,844. 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 Pace is 74 of 100 — healthy market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of August 6, 2026.
Pace since 2012 — and where it’s heading
A median home here sold for $178,222 in 2012 and $380,821 over the last recorded year — 114% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (3,502 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)
What’s driving Pace
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.
The most crowded shelf in the market. Sellers here are competing hardest — which means overpaying in this band is the most avoidable mistake in Pace right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
Sellers: price to the last 60 days of comps, not the peak — well-prepared listings are still commanding strong terms. Buyers: get underwritten now so you can move when the right house hits.
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 | |
|---|---|---|---|---|
| Pace ← this page | $373K | 38 | 74 | |
| Milton | $310K | 173 | 61 | Open → |
| Gulf Breeze | $421K | 62 | 67 | Open → |
| Navarre | $380K | 26 | 55 | Open → |
Neighborhoods on the move
| HammersmithPace | $470K | ▲ 6% |
| Woodbine Springs PlantationPace | $420K | ▲ 4% |
| Robinson EstatesPace | $518K | ▲ 4% |
| Sentinel RidgePace | $373K | ▲ 2% |
| Pace Mill CreekPace | $389K | ▲ -1% |
| Ashley PlantationPace | $588K | ▼ 8% |
| Eagles RidgePace | $310K | ▼ 4% |
| Pace Mill CreekPace | $389K | ▼ 1% |
| Sentinel RidgePace | $373K | ▼ 2% |
| Robinson EstatesPace | $518K | ▼ 4% |
| Pace Mill CreekPace | $389K | 8 |
| Ashley PlantationPace | $588K | 5 |
| Ashley PlacePace | $285K | 4 |
| Sentinel RidgePace | $373K | 4 |
| AbernathyPace | $520K | 3 |
| Pace CommonsPace | $386K | 15 days |
| HammersmithPace | $470K | 18 days |
| Eagles RidgePace | $310K | 22 days |
| Pace Mill CreekPace | $389K | 29 days |
| Woodbine Springs PlantationPace | $420K | 34 days |
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in Pace right now?
The data says conditions currently favor sellers in Pace — the Momentum Score reads 74/100 with 2.1 months of supply. Buyers should come fully underwritten; sellers still set the pace here. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is Pace becoming more affordable?
Yes, modestly — the median sale price in Pace is $372,535, down 1.5% versus the prior year, while sellers still capture 97.5% 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 Pace?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Ashley Plantation (-8%); Eagles Ridge (-4%); Pace Mill Creek (-1%). 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 Pace neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Pace Commons (15 days); Hammersmith (18 days); Eagles Ridge (22 days) — homes there go under contract well ahead of the market-wide pace of 37 days.
How does Pace compare to the rest of Santa Rosa County?
Pace's median of $372,535 runs 4% above the county-wide median of $358,750, and homes here take 37 days to go under contract versus 56 county-wide.
Pace housing market FAQ
What is the median home price in Pace?
The median sale price in Pace is currently $372,535, down 1.5% from a year ago, based on MLS sales data updated August 6, 2026.
Is Pace a buyer's or seller's market right now?
The data currently favors sellers. Pace scores 74 of 100 on the Momentum Score, with 2.1 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in Pace?
The typical home in Pace goes under contract in about 37 days, per current MLS data.
How many homes are for sale in Pace?
There are approximately 38 active listings in Pace as of August 6, 2026.
Are home prices in Pace rising or falling?
Median sale prices are down 1.5% 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 Pace. 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 6, 2026 at 7:18 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.