Perdido Key
Housing Market
Median sale price $735,000, up 0.7% year over year, with homes going under contract in about 75 days, 7 homes on the market.
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Housing Market Analyst
Inventory sits at 6.6 months of supply — heavy by the 3-to-6-month balanced benchmark, and 11% of listed homes are already under contract. Prices are up 0.7% versus the prior year and sellers are still collecting 95.2% 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.
- Negotiating power — buyers gain ground as 11% of inventory sits under contract.
- Mortgage sensitivity — at 4.3× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current Perdido Key data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on Perdido Key
The median sale price across Perdido Key currently stands at $735,000, up 0.7% from a year ago. Buyers are paying a median of $491 per square foot. The typical home goes under contract in about 75 days. Sellers are capturing 95.2% of their original asking price on average.
There are 7 active listings on the market, with 1 more already under contract. At the current sales pace that works out to 6.6 months of supply — a buyer-leaning market by the standard six-month benchmark. 13 homes closed here over the trailing 12 months.
Perdido Key prices sit above the Escambia County median by roughly 109%. Zillow's home value index for Escambia County stands at $282,519. About 29% 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 Perdido Key is 40 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 15, 2026.
Where the market is heading
Home value trend · Escambia County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Median price · daily recalculation
What’s driving Perdido Key
Top inbound states: AL, CA, VA, TX. Movers arriving report ~$62,404 average income. Source: IRS SOI county-to-county migration, 2022-2023
1,026 Citizens policies in force in Escambia County — the state-backed insurer of last resort. Budget insurance into any Escambia purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
1,366 single-family · 32 multi-family · 4.3 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 Escambia County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Perdido Key ← this page | $735K | 7 | 40 | |
| Pensacola | $330K | 354 | 60 | Open → |
| Cantonment | $360K | 81 | 57 | Open → |
Perdido Key ZIP codes
Most active communities
More on Perdido Key
Put this data to work
The questions people actually ask
Should I buy a house in Perdido Key right now?
The data says conditions currently favor buyers in Perdido Key — the Momentum Score reads 40/100 with 6.6 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 Perdido Key becoming more affordable?
No — the median sale price in Perdido Key is $735,000, up 0.7% versus the prior year, while sellers still capture 95.2% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
How does Perdido Key compare to the rest of Escambia County?
Perdido Key's median of $735,000 runs 109% above the county-wide median of $352,200, and homes here take 75 days to go under contract versus 59 county-wide.
Perdido Key housing market FAQ
How is the housing market in Perdido Key right now?
As of September 15, 2026, the Perdido Key housing market favors buyers: the median sale price is $735,000 (up 0.7% year over year), 7 homes are for sale against 13 sales in the last 12 months, which is 6.6 months of supply, and the typical home goes under contract in about 75 days.
How much is a house in Perdido Key?
The median home sold for $735,000 in Perdido Key over the last 12 months, about $491 per square foot; asking prices on the 7 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 Perdido Key?
By the numbers, sellers in Perdido Key are getting 95.2% of asking price and going under contract in about 75 days with 6.6 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 Perdido Key housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Perdido Key median sale prices are up 0.7% year over year, inventory stands at 6.6 months of supply, and 11% 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 Perdido Key?
The median sale price in Perdido Key is currently $735,000, up 0.7% from a year ago, based on MLS sales data updated September 15, 2026.
Is Perdido Key a buyer's or seller's market right now?
The data currently favors buyers. Perdido Key scores 40 of 100 on the Momentum Score, with 6.6 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in Perdido Key?
The typical home in Perdido Key goes under contract in about 75 days, per current MLS data.
How many homes are for sale in Perdido Key?
There are approximately 7 active listings in Perdido Key as of September 15, 2026.
Are home prices in Perdido Key rising or falling?
Median sale prices are up 0.7% 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 Perdido Key. 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 15, 2026 at 7:33 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.