Parkwood Commons in Pace

Parkwood Commons
Homes for Sale in Pace, FL

All 284 homes for sale in Pace, FL · median $385,908 · 248 homes for sale in 32571 · Santa Rosa County homes for sale

Community in Pace · Santa Rosa County · ZIP 32571
188 homesBuilt 1965–2024Median sale $322K
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True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
51/100
Market Heat
Normal for Parkwood Commons
2016 → 2026 · 79 at the 2021 peak
0 is Parkwood Commons's coldest market since 2016, 100 its hottest. Today: 51. How it's scored

Photo courtesy of COLDWELL BANKER SMITH AND SMITH REALTY · via Pensacola MLS

Built fromLive Pensacola MLS data15 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, Parkwood Commons in Pace, FL has 4 homes for sale. Over the 12 months ending 2026-08-10, 11 recorded sales closed at a median of $321,900, $168 per square foot, a median 31 days on market, sellers accepting 96% of original asking (+8% versus the prior year). At the median price and Santa Rosa County's FY2025-26 rate of 12.81 mills, annual property tax runs about $4,120 ($3,620 with the full homestead exemption).

Parkwood Commons key facts
LocationPace, Santa Rosa County, FL · ZIP 32571
Homes in the community188 (FL DOR 2025 assessment roll)
Years built1965–2024 (median 2021.0)
Typical living area2,144 sq ft (median)
Home types (current listings and sales)single-family 100%
Sale prices, last 12 months$321,900 median across 11 closed sales · $168 per sq ft · +8.4% vs the prior 12 months
Days on market (closed sales)31 median
For sale right now4 active, 1 pending · median asking $347,450 · 4.4 months of supply
Owner-occupied (homestead) share67%

Data as of August 10, 2026. Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Parkwood Commons key facts,” movewithmomentum.com/neighborhoods/parkwood-commons, data as of August 10, 2026.

Last 30 days in Parkwood Commons: 3 new listings (median asking $350,500), 1 under contract right now, 1 closed sale (median $360,000). As of September 21, 2026, Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

Live · Parkwood Commons Housing Pulse Pensacola MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$322K
Median sold · 12 mo
up 8.4% vs the prior 12 months
+8.4%
1-yr price change
n = 11 and 19 sales in the two windows
$168/sf
Sold $/sqft · 12 mo
peak $180 in 2024
95.6%
Sale vs ask
Tempo
4.4mo
Supply
3 to 6 months is the balanced band
31days
Median DOM · closed
6 days at the 2022 low
20%
Under contract
Santa Rosa: 36% (563 of 1,577)
4 · 1
For sale · pending
live counts, refreshed twice daily
11
Sold · last 12 mo
10-yr average: about 25 a year
Ownership and context
67%
Owner-occupied · Parkwood Commons
126 of 189 parcels homesteaded (FL DOR 2025)
33%
Non-owner-occupied · Parkwood Commons
incl. 3% trust or LLC-held · 13% out-of-state
188
Homes in the community
plus 1 vacant residential lots · 189 residential parcels (FL DOR 2025)
Track record · 15 years of records
Est. 1965
Community established
homes built 1965-2024, median 2021 (FL DOR 2025)
1,903sqft
Median sold home size
12-mo windows, closed sales
5.9%/yr
Turnover rate
about 11 of 188 homes trade a year

Homes For Sale Right Now in Parkwood Commons

Live MLS inventory for Parkwood Commons. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Parkwood Commons listings as of 2026-09-21, priced high to low. Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Tap any home to ask about it.

Every Home for Sale in Parkwood Commons Right Now (6)

All 6 active and pending Parkwood Commons listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 3919 Shady Grove Dr · $359,500 · 3 bd / 2 ba · listed Sep 11, 2026 · listed by Perry House of Realty LLC
  • 5208 Parkside Dr · $320,000 · 3 bd / 2 ba · listed Aug 24, 2026 · listed by Coldwell Banker Realty
  • 5329 Parkside Dr · $350,500 · 3 bd / 2 ba · listed Aug 24, 2026 · listed by Fmig
  • 3897 Ranch Rd · $405,000 · 4 bd / 3 ba · listed Aug 8, 2026 · listed by Levin Rinke Realty
  • 5361 Parkside Dr · $329,900 · 4 bd / 2 ba · listed Jun 23, 2026 · listed by Coast To Country Realty
  • 5402 Parkside Dr · $359,900 · 4 bd / 3 ba · pending · listed Jun 23, 2026 · listed by Team Sandy Blanton Realty, Inc
Parkwood Commons Housing Pulse · Momentum Research · as of August 10, 2026

Parkwood Commons right now

🟡 Balanced market. 4.4 months of supply and 20% 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 August 10, 2026. Confidence: High (5 active and pending listings, 11 closed sales in 12 months).

🟢 Still climbing. The trailing-12-month median ($322K) is up 8.4% from the prior 12 months ($297K). With about 25 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 August 10. Confidence: Medium (11 and 19 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 22, 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

Parkwood Commons market snapshot (as of August 10, 2026): the median sale price is about $322K ($168 per sq ft over the trailing 12 months of closed sales), a median 31 days on market for closed sales, and 4.4 months of supply, a balanced market. The trailing-12-month median is up 8% from the prior 12 months, computed from record-level Pensacola MLS closed sales (11 closings in the current window).

In ZIP 32571 (Pace), 554 homes closed in the last 12 months at a median of $370K ($175/sq ft), up 2.6% year over year, with a median 53 days on market. Right now 98 active and 51 pending listings put supply at about 2.5 months — a healthy market. See the live ZIP 32571 housing market and the Santa Rosa County market.

Parkwood Commons is a community of 188 homes in Pace, Santa Rosa County, built between 1965 and 2024 (median 2021.0), with a median living area of about 2,144 square feet. 67% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 61 sales each (11 in the current window); every figure carries its sample size, and thin markets swing on single closings. Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K20122014201620182020202220242026
Up 8.4% year over year.
Every sale since 2011 · price vs size
$0$200K$400K2k2k2k
262 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$125$150$17520122014201620182020202220242026
Up from $103 in 2012 to a $180 peak in 2024; $168 now.
Median days on market · closed sales
020040020122014201620182020202220242026
6 days at the 2022 low; 31 now.
Sale price vs original ask · median
96%98%100%20122014201620182020202220242026
95.6% now.
Homes sold per 12-mo window
020406020122014201620182020202220242026
0 to 61 a year; 11 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201620182020202220242026
79 at the 2021 peak, 23 in the troughs, 51 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Santa Rosa County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,192/mo
Santa Rosa County typical true cost to own
$204/mo
Santa Rosa County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

35% of homes for sale in ZIP 32571 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-22).

Parkwood Commons Market Scorecard

Buyer-Leaning Market

Parkwood Commons is currently a buyer-leaning market. About 6.0 months of supply, a median asking price of $350,500, and homes go under contract in about 17 days.

6.0
Months supply
$350,500
Median list
$323,900
Median sold
$167
Per sqft
17
Days on mkt
5/1/10
Active/Pend/Sold

Typical home value in the 32571 ZIP is $330,382, about 25.6% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Parkwood Commons, Pace

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 16 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-09-16)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Deemed reliable but not guaranteed.

Listing locations from Pensacola MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Santa Rosa County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Dixon · Elementary
  • SIMS · Middle
  • Pace · High

Zoned schools reflect the assignments reported on recent Parkwood Commons listings and can change; always confirm with Santa Rosa County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Parkwood Commons address.

If we were buying in Parkwood Commons today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Parkwood Commons.

A closer look at the Parkwood Commons market

At a median of $168 per square foot, Parkwood Commons prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

Inventory runs at 4.4 months of supply, a balanced market and the trailing-12-month median up 8% year over year. Homes that do trade take a median 31 days on market, useful leverage on any listing that has lingered.

The housing stock is 188 homes built between 1965 and 2024, and 67% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in Parkwood Commons. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.9B- · Buy Score
Recent Direction8.1/10
Liquidity & Demand5.6/10
Owner Commitment6.7/10
Pricing Power7.1/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (6.9). Basis: Recent Direction +8.4% year-over-year; Liquidity & Demand 4.4 months of supply; Owner Commitment 67% owner-occupied; Pricing Power 95.6% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Parkwood Commons homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Parkwood Commons.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

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

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Parkwood Commons sales matched to your home.

What is your Parkwood Commons home worth?

Get a no-obligation home value based on real comparable sales in Parkwood Commons, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Pace →

Real comps, not an automated estimate.

Recently off market in Parkwood Commons

Homes in Parkwood Commons that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 6 on record.

Frequently Asked Questions

What is the median home price in Parkwood Commons?
The median sale price in Parkwood Commons was $322K over the 12 months ending August 10, 2026 (11 closed sales, Pensacola MLS).
How long do homes in Parkwood Commons take to sell?
Homes that closed in the 12 months ending August 10, 2026 took a median 31 days on market (11 sales, Pensacola MLS).
Is Parkwood Commons a buyer's or seller's market right now?
As of August 10, 2026, Parkwood Commons is roughly balanced: 4.4 months of supply at the current sales pace (Pensacola MLS live counts).
How many homes are in Parkwood Commons?
The Florida DOR 2025 assessment roll shows 188 homes plus 1 vacant residential lots in Parkwood Commons (public records).
What share of Parkwood Commons is owner-occupied?
67% of Parkwood Commons parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Parkwood Commons built?
Homes in Parkwood Commons were built between 1965 and 2024, with a median year built of 2021.0 (FL DOR 2025 roll).
Who is the best real estate agent for Parkwood Commons?
The best agent for Parkwood Commons is one who actively works Pace and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Parkwood Commons.
How do I find a top Pace real estate agent who knows Parkwood Commons?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Parkwood Commons and the wider Pace area.
Can Momentum Realty connect me with an agent for Parkwood Commons?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Parkwood Commons purchase or sale - no call center and no pressure.
Where is Parkwood Commons, and what county is it in?
Parkwood Commons is in Pace, Santa Rosa County, FL, ZIP 32571.
Is Parkwood Commons a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Parkwood Commons: the median sale price over the last 12 months was $322K (11 sales), 14% below the Pace median of $375K; homes took a median 31 days to go under contract; the assessment roll counts 188 homes, 67% of them homesteaded (owner-occupied); supply is 4.4 months at the current sales pace, which is balanced. The full numbers, price history and the flood and school sections are above.

Data sources & freshness

Live listingsPensacola MLS, refreshed twice daily (last: September 21, 2026)
Community market statsPensacola MLS closed sales, 12-month windows ending August 10, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (3 streets, ZIP 32571))
Under-contract sharesPensacola MLS records, as of 2026-08-10
Historical depthClosed-sale records back to 2011 (262 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Pensacola MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Pensacola MLS member average and 8 days faster, and we’ll price yours against live local comps.

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CallFree valuation →
Thinking of selling in Parkwood Commons? 11 recorded closings; median 31 days on market (window ending 2026-08-10). See the Santa Rosa County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Parkwood Commons with Momentum Realty’s local guides.

Pace Mill Creek0.5 mi away · median $435K, 15 sales/12 moWoodbine Hills0.6 mi away · 59 homes, built 1983–15Robinson Estates0.8 mi away · median $522K, 6 sales/12 moWindsor Forest0.8 mi away · median $394K, 4 sales/12 moBerrybrook Estates1.0 mi away · median $340K, 5 sales/12 moLegend Creek Estates1.1 mi away · median $110K, 4 sales/12 moWoodbine Farms1.1 mi away · 37 homes, built 1994–20Twelve Oaks Plantation1.2 mi away

Browse all neighborhood guides →

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