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Pace Mill Creek in Pace

Pace Mill Creek
Homes for Sale in Pace, FL

Community in Pace · Santa Rosa County
109 homesBuilt 2003–2016Median sale $389K
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Live Market Pulse
31/100
Market Heat
Cooler than normal
2013 → 2026 · 73 at the 2021 peak
0 is Pace Mill Creek's coldest market since 2013, 100 its hottest. Today: 31. How it's scored
Built fromLive Pensacola MLS data17 years of closingsFL DOR public recordsUpdated twice daily
Live · Pace Mill Creek Housing Pulse Pensacola MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$389K
Median sold · 12 mo
down 1.0% vs the prior 12 months
-1.0%
1-yr price change
n = 14 and 10 sales in the two windows
$177/sf
Sold $/sqft · 12 mo
peak $177 in 2026
98.3%
Sale vs ask
+81%
T12M median vs 2012
from a $215K median in 2012
Tempo
6.4mo
Supply
3 to 6 months is the balanced band
29days
Median DOM · closed
3 days at the 2021 low
0%
Under contract
Santa Rosa: 38% (348 of 929)
8 · 0
For sale · pending
live counts, refreshed twice daily
14
Sold · last 12 mo
10-yr average: about 27 a year
Ownership and context
84%
Owner-occupied · Pace Mill Creek
92 of 109 parcels homesteaded (FL DOR 2025)
16%
Non-owner-occupied · Pace Mill Creek
incl. 0% trust or LLC-held · 5% out-of-state
109
Homes in the community
109 residential parcels (FL DOR 2025)
Track record · 17 years of records
Est. 2003
Community established
homes built 2003-2016, median 2012 (FL DOR 2025)
4
Failed listings · 2026
peaked at 19 in 2018
2,389sqft
Median sold home size
12-mo windows, closed sales
12.8%/yr
Turnover rate
about 14 of 109 homes trade a year
Pace Mill Creek Housing Pulse · Momentum Research · as of July 13, 2026

Pace Mill Creek right now

🟢 Buyer-leaning market. 6.4 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.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: High (8 active and pending listings, 14 closed sales in 12 months).

🟡 Off the recent peak. The trailing-12-month median ($389K) is down 1.0% from the prior 12 months ($393K) and up 81% since 2012. With about 27 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: Medium (14 and 10 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

Pace Mill Creek market snapshot (as of July 13, 2026): the median sale price is about $389K ($177 per sq ft over the trailing 12 months of closed sales), a median 29 days on market for closed sales, and 6.4 months of supply, a buyer-leaning market. The trailing-12-month median is down 1% from the prior 12 months and up 81% since 2012, computed from record-level Pensacola MLS closed sales (14 closings in the current window).

Pace Mill Creek is a community of 109 homes in Pace, Santa Rosa County, built between 2003 and 2016 (median 2012), with a median living area of about 2,785 square feet. 84% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

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