Gulf Shores
Homes for Sale in Madeira Beach, FL

Gulf Shores market snapshot (as of September 12, 2026): the median sale price is about $512K ($360 per sq ft over the trailing 12 months of closed sales), and a median 57 days on market for closed sales. The trailing-12-month median is up 65% from the prior 12 months, computed from record-level Stellar MLS closed sales (10 closings in the current window).

In ZIP 33708 (Madeira Beach), 466 homes closed in the last 12 months at a median of $512K ($372/sq ft), up 9.9% year over year, with a median 74 days on market. Right now 170 active and 25 pending listings put supply at about 6.4 months — a buyer's market. See the live ZIP 33708 housing market and the Pinellas County market.

Stellar MLS sales records identify 222 homes in Gulf Shores that have changed hands since 2004, built between 1935 and 2026 (median 1952), with a median living area of about 1,255 sq ft and a typical 2-bedroom, 2-bath layout; 94% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Gulf Shores Add is a small, established coastal pocket in Madeira Beach — 358 homes spanning nearly a century of construction (1930 to 2024), with a median build year that puts most of the stock firmly in the older, renovate-or-rebuild category.

The homestead share sits at roughly 46%, meaning a little over half the homes here are not owner-occupied primary residences — consistent with a beach-town mix of full-time and non-primary ownership. That matters at resale: turnover and pricing here move partly on second-home and coastal demand, not only on local end-user demand.

With only 9 closings in the measured window, this is a thin, low-volume market where a single unusual sale can swing the median. Treat the $305,000 figure and the $304.49 per-square-foot median as directional, not precise, and lean on property-by-property comps. The 1930-to-2024 build range means you're often comparing an original mid-century cottage against a recent rebuild on paper — read each listing on its own condition.

In a thin, condition-driven market like this one, the median tells you almost nothing about the specific home in front of you. We underwrite each property on its own — age, renovation status, and lot — and in a market that's cooling with 64 days of median time to contract, that gives buyers room to negotiate and sellers a realistic price from day one.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.