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Legend Creek Estates in Pace

Legend Creek Estates
Homes for Sale in Pace, FL

Community in Pace · Santa Rosa County
117 homesBuilt 1972–2023Median sale $99K
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Built fromLive Pensacola MLS data21 years of closingsFL DOR public recordsUpdated twice daily
Live · Legend Creek Estates Housing Pulse Pensacola MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$99K
Median sold · 12 mo
down 21.1% vs the prior 12 months
-21.1%
1-yr price change
n = 3 and 4 sales in the two windows
$81/sf
Sold $/sqft · 12 mo
peak $111 in 2025
75.1%
Sale vs ask
Tempo
4.0mo
Supply
3 to 6 months is the balanced band
35days
Median DOM · closed
2 days at the 2022 low
0%
Under contract
Santa Rosa: 38% (348 of 929)
1 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
23%
Owner-occupied · Legend Creek Estates
27 of 117 parcels homesteaded (FL DOR 2025)
77%
Non-owner-occupied · Legend Creek Estates
incl. 26% trust or LLC-held · 3% out-of-state
117
Homes in the community
117 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 1972
Community established
homes built 1972-2023, median 1993 (FL DOR 2025)
0
Failed listings · 2025
peaked at 5 in 2008
1,478sqft
Median sold home size
12-mo windows, closed sales
2.6%/yr
Turnover rate
about 3 of 117 homes trade a year
Legend Creek Estates Housing Pulse · Momentum Research · as of July 13, 2026

Legend Creek Estates right now

🟡 Balanced market. 4.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Pensacola MLS records, as of July 13, 2026. Confidence: Low (1 active and pending listings, 3 closed sales in 12 months).

🔴 Off the recent peak. The trailing-12-month median ($99K) is down 21.1% from the prior 12 months ($126K). With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Pensacola MLS closed sales, 12-month windows ending July 13. Confidence: Low (3 and 4 sales in the two windows).

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Updated July 13, 2026 · Live data: Pensacola MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Legend Creek Estates market snapshot (as of July 13, 2026): the median sale price is about $99K ($81 per sq ft over the trailing 12 months of closed sales), a median 35 days on market for closed sales, and 4.0 months of supply, a balanced market. The trailing-12-month median is down 21% from the prior 12 months, computed from record-level Pensacola MLS closed sales (3 closings in the current window).

Legend Creek Estates is a community of 117 homes in Pace, Santa Rosa County, built between 1972 and 2023 (median 1993), with a median living area of about 1,117 square feet. 23% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

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