Moving to Pace, Florida: The 2026 Data Guide
As of 2026-09-11, the median home sold in Pace, Florida over the last 12 months went for $373,000 (366 closings across 69 communities in Momentum’s MLS record), about $177 per square foot for a median 1,960-sq-ft home built around 2016. Homes currently listed have been on the market a median of 34 days, and with 167 active listings against that sales pace the city is carrying roughly 5.5 months of supply. Sellers have been getting about 98% of their original asking price. That median is 7% below the median across Momentum’s Florida and Georgia coverage.
What your budget buys in Pace
Three price points from 352 recent Pace closings in our record, each showing what actually closed within 10% of that price:
- Around $304,990: the typical sale in this band was a 3-bed, 2-bath home of about 1,813 sq ft, built around 2018 (91 sales).
- Around $373,000: the typical sale in this band was a 4-bed, 2-bath home of about 2,000 sq ft, built around 2021 (97 sales).
- Around $436,700: the typical sale in this band was a 4-bed, 3-bath home of about 2,399 sq ft, built around 2017 (69 sales).
The real monthly cost of owning in Pace
Take the median $373,000 home with 20% down at today’s 6.71% 30-year rate: principal and interest run about $1,927/month. Santa Rosa County’s typical total millage is 12.81 mills, so after the $50,000 homestead exemption the property tax is roughly $4,136/year ($345/month) for a new owner — the seller’s capped bill on the listing will be lower and is not your number. Citizens Property Insurance’s average premium in Santa Rosa County is about $2,444/year; private-market quotes vary with roof age and wind mitigation. 82% of current Pace listings carry an HOA, with a median of $46/month where one applies. All in, budget on the order of $2,522/month to own the median Pace home including a typical HOA.
For the full worksheet — taxes by scenario, the homestead exemption, and how the Save Our Homes cap works after year one — see the Santa Rosa County property tax guide and our home insurance by county map.
Where people are buying: Pace’s most active communities
The communities with the most closings in the last 12 months, with each one’s median sale and how long its current listings have been on the market. Every name links to that community’s own guide with live listings.
| Community | Sales (12 mo) | Median | Days listed |
|---|---|---|---|
| Eagle's Ridge | 70 | $309,990 | 22 |
| Sentinel Ridge | 53 | $372,535 | 42 |
| Chase Farms | 30 | $356,400 | 269 |
| Pace Commons | 26 | $385,900 | 15 |
| Ashley Plantation | 21 | $587,500 | 34 |
| Pace Mill Creek | 14 | $389,000 | 29 |
| Hammersmith | 13 | $470,000 | 18 |
| Parkland Place | 12 | $418,045 | 136 |
Pace by ZIP code
Sales and medians by ZIP over the same 12 months: 32571 (336 sales, median $354,950).
What’s for sale: property types, new construction, and age of homes
Of the last 12 months of sales, 98% were single-family homes. New construction accounted for 52% of closings, led by Eagle's Ridge, Sentinel Ridge, Pace Commons, Chase Farms, NatureWalk at Pond Creek. The housing stock skews newer: 56% of homes sold were built in 2015 or later and 5% before 1980.
Getting around from Pace
Measured from the center of Pace’s recent sales: Pensacola is about 15 miles; Panama City is about 95 miles; Tallahassee is about 172 miles; Columbus, GA is about 180 miles. Distances are straight-line; drive times depend on the corridor and time of day.
Schools, taxes, and insurance: where to verify
School assignments change; check the Santa Rosa County school grades page for the district’s current grades, and confirm zoning for a specific address directly with the district. Property tax figures on this page use Santa Rosa County’s typical millage of 12.81; municipal and special-district millage varies inside the county. Insurance uses Citizens’ Santa Rosa County average of $2,444/year; a wind-mitigation inspection and roof age can move a private quote a long way in either direction.
Pace: the case for and against
What works in Pace’s favor
- homes move quickly (median 34 days listed), so well-priced homes get competition
- 52% of sales are new construction, so builder incentives and warranties are part of the market
- no state income tax, and Florida’s Save Our Homes cap limits assessment growth once you homestead
What to plan for
- 82% of listings carry an HOA (median $46/month)
- property taxes reset to your purchase price, so never budget off the seller’s bill
Your Pace relocation toolkit
- Homes for sale in Pace right now
- Cost of living in Pace
- Best neighborhoods in Pace
- New construction in Pace
- Find an agent in Pace
- Search every Pace community
Common questions about moving to Pace
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What are property taxes like in Pace?
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Sales figures are Momentum Realty’s MLS record of closings in Pace communities over the trailing 12 months (community snapshots as of their last refresh; price-band examples from the most recent closings on file); tax and insurance figures are Santa Rosa County data. Estimates, not guarantees; verify before relying on them. General relocation guidance, not financial advice. Equal Housing Opportunity.