Rhetts Run
Homes for Sale in Jay, FL
All 35 homes for sale in Jay, FL · median $344,900 · 31 homes for sale in 32565 · Santa Rosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of D R Horton Realty of NW Florida, LLC · via Pensacola MLS
As of November 2026, the MLS records 18 closed sales in Rhetts Run in Jay, FL since 2024, the most recent in October 2025. Across Jay as a whole, 105 homes closed in the last 12 months at a median of $313,990, 74 median days on market, with 29 homes for sale today. At that median and Santa Rosa County's FY2025-26 rate of 12.81 mills, annual property tax runs about $4,020 ($3,520 with the full homestead exemption).
Rhetts Run is a brand-new, very small pocket in Jay — every home here was built in 2024, and the median size sits right around 2,053 square feet. With only three homes on record and nothing currently listed, this is a thin market where a single transaction can swing the whole picture. Price here is driven by new construction and condition, not by a mix of vintages or resale wear.
For a buyer, the practical reality is patience: there is no active inventory to tour today, so getting in likely means waiting for a listing or a resale to surface. For a seller, the flip side is scarcity — with no competing listings, a well-prepared home sets its own reference point rather than fighting a crowded field.
Figures in this note are as of October 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside Rhetts Run right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
A 2024-built enclave in Jay with just three homes and no current listings — new, small, and best understood as an opportunity you wait for rather than shop off the shelf.
Pensacola MLS sales records identify 18 homes in Rhetts Run that have changed hands since 2024, built between 2024 and 2025 (median 2025), with a median living area of about 2,012 sq ft and a typical 4-bedroom, 3-bath layout; 100% are single-family homes. Source: Pensacola MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Rhetts Run. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Rhetts RunPhotos from Pensacola MLS listings in Rhetts Run; content deemed reliable but not guaranteed.
Who Rhetts Run is best for.
Best for
- Buying new construction and wanting to avoid the upkeep of an older home
- Buyers who can wait for the right listing rather than needing inventory today
- Prioritizing a quiet Jay location over shared community amenities
Probably not for
- Needing to close quickly, since there are currently no active listings
- Wanting a wide selection of homes to compare in person
- Looking for community amenities or a long resale track record to study
The market around Rhetts Run
Rhetts Run is too small for its own price trend, so here is the market around it.
In ZIP 32565, 47 homes are on the market and 23% are under contract — a steady corner of Jay.
Across Santa Rosa County, 999 homes are active and 512 pending (34% under contract).
In ZIP 32565 (Jay), 13 homes closed in the last 12 months at a median of $409K ($195/sq ft), with a median 74 days on market. Right now 10 active and 2 pending listings put supply at about 9.2 months — a buyer's market. See the live ZIP 32565 housing market and the Santa Rosa County market.
ZIP and county figures describe the wider market, not Rhetts Run specifically. Momentum Research analysis of MLS records.
The Rhetts Run buying strategy.
If we were buying in Rhetts Run today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Rhetts Run.
A new-build micro-community
The entire community dates to 2024, so what you are buying is current construction with a floor plan around 2,053 square feet at the median. There are no older homes to compare against and no deferred-maintenance stories to untangle — the trade-off is that there is also no track record of resales to study.
No community amenities turned up in current MLS listings, so value here rests on the homes and the location in Jay rather than shared facilities. None of the three homes carry a homestead exemption, which is worth noting for how the properties have been used and for a buyer modeling tax treatment going forward.
The location and the amenities are priced into every listing in Rhetts Run. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a three-home community with zero active listings, timing and access matter more than browsing. We track when something is coming, help you read a new-construction home on its merits, and keep you grounded on price in a market too thin to lean on comps — because the next sale may well be the one that sets the comp.
Rhetts Run in 15 seconds.
Tools for a Rhetts Run buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Rhetts Run sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Rhetts Run, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Rhetts Run home worth?
Get a no-obligation home value based on real comparable sales in Rhetts Run, 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 Jay →
| Location | Jay, Santa Rosa County, FL · ZIP 32565 |
|---|---|
| Homes in the community | 3 (FL DOR 2025 assessment roll) |
| Years built | 2024–2024 (median 2024) |
| Typical living area | 2,053 sq ft (median) |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 0% |
Data as of September 20, 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, “Rhetts Run key facts,” movewithmomentum.com/neighborhoods/rhetts-run, data as of September 20, 2026.
Housing distress & ownership in Rhetts Run, Jay
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
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.
More Jay home searches
- All homes for sale in Jay, FL
- Homes for sale in Santa Rosa County, FL
- 4-bedroom homes for sale in Jay
- Jay home values: what is my house worth?
- ZIP 32565 housing scorecard
- 4 coming-soon communities in Santa Rosa County
Jay guides & data
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
Email me new listings in Rhetts Run
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Rhetts Run
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Rhetts Run will answer, and the answer is published on this page for the next buyer.
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Santa Rosa County scorecard.
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.
Rhett's Run Market Scorecard
Rhett's Run is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.
Typical home value in the 32565 ZIP is $273,545, about 31.9% 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.
Frequently Asked Questions
How many homes are in Rhetts Run?
What share of Rhetts Run is owner-occupied?
When were the homes in Rhetts Run built?
Who is the best real estate agent for Rhetts Run?
How do I find a top Jay real estate agent who knows Rhetts Run?
Can Momentum Realty connect me with an agent for Rhetts Run?
Where is Rhetts Run, and what county is it in?
Should you buy in Rhetts Run?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Pensacola MLS, refreshed twice daily (last: October 17, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32565)) |
| Under-contract shares | Pensacola MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2024 (18 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.
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.
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More on Rhetts Run
- Find an agent · How to choose the best real estate agent in Rhetts Run