Rivers Cove
Homes for Sale in Milton, FL
All 414 homes for sale in Milton, FL · median $330,000 · 239 homes for sale in 32583 · Santa Rosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of Olesya Chatraw, D R Horton Realty of NW Florida, LLC · via Pensacola MLS
As of September 2026, Rivers Cove in Milton, FL has 18 homes for sale and 12 pending, asking from $199,900 to $322,900 (median $247,900). Over the 12 months ending 2026-09-20, 85 recorded sales closed at a median of $287,000, $174 per square foot, a median 70 days on market, sellers accepting 92% of original asking (+15% versus the prior year). Homes listed or recently sold were built 2024–2026 with 41 new construction; 42 of 42 report an HOA (median $55/mo); none of the 42 geocoded homes sit in a FEMA special flood hazard zone (median elevation 63 ft). At the median price and Santa Rosa County's FY2025-26 rate of 12.81 mills, annual property tax runs about $3,680 ($3,170 with the full homestead exemption).
| Location | Milton, Santa Rosa County, FL · ZIP 32583 |
|---|---|
| Homes in the community | 185 (FL DOR 2025 assessment roll) |
| Years built | 2022–2024 (median 2024) |
| Typical living area | 1,425 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Pool, Community Room, Security System |
| Sale prices, last 12 months | $287,000 median across 85 closed sales · $174 per sq ft · +14.8% vs the prior 12 months |
| Days on market (closed sales) | 70 median |
| For sale right now | 18 active, 12 pending · median asking $247,900 · 2.6 months of supply |
| Owner-occupied (homestead) share | 36% |
| Zoned public schools | Bagdad Elementary School (C, FLDOE 2025-26); Hobbs Middle School (B, FLDOE 2025-26); Milton High School (B, FLDOE 2025-26) |
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, “Rivers Cove key facts,” movewithmomentum.com/neighborhoods/rivers-cove, data as of September 20, 2026.
Last 30 days in Rivers Cove: 5 new listings (median asking $304,900), 12 under contract right now, 4 closed sales (median $288,450). 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.
Homes For Sale Right Now in Rivers Cove
Live MLS inventory for Rivers Cove. 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 · 20 daysTop listing
Active · 0 days
Active · 53 days
Active · 0 days
Active · 20 days
Active · 20 days
Active · 36 days
Active · 38 days
Active · 81 days
Active · 84 days
Active · 102 days
Active · 115 days
Active · 128 days
Active · 46 daysActive and pending Rivers Cove 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 Rivers Cove Right Now (30)
All 30 active and pending Rivers Cove listings with a detail page, newest first, refreshed twice a day from the MLS.
- 6587 Stonefly Dr · $319,900 · 5 bd / 3 ba · listed Sep 11, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6583 Stonefly Dr · $304,900 · 4 bd / 2 ba · listed Sep 11, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6588 Stonefly Dr · $299,900 · 4 bd / 2 ba · pending · listed Sep 8, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6584 Stonefly Dr · $299,900 · 4 bd / 2 ba · pending · listed Aug 24, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6575 Stonefly Dr · $304,900 · 4 bd / 2 ba · listed Aug 22, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6571 Stonefly Dr · $322,900 · 5 bd / 3 ba · listed Aug 22, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6579 Stonefly Dr · $294,900 · 3 bd / 2 ba · listed Aug 22, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6572 Stonefly Dr · $314,900 · 5 bd / 3 ba · listed Aug 19, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6580 Stonefly Dr · $284,900 · 3 bd / 2 ba · pending · listed Aug 17, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6584 Firefly Dr · $294,900 · 4 bd / 2 ba · pending · listed Aug 13, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6565 Firefly Dr · $259,900 · 4 bd / 2 ba · pending · listed Aug 10, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6573 Firefly Dr · $249,900 · 4 bd / 2 ba · listed Aug 5, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 4362 Damselfly Dr · $249,900 · 4 bd / 2 ba · listed Aug 3, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 4366 Damselfly Dr · $237,900 · 3 bd / 2 ba · listed Aug 3, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 4370 Damselfly Dr · $249,900 · 4 bd / 2 ba · pending · listed Aug 3, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6576 Stonefly Dr · $299,900 · 4 bd / 2 ba · pending · listed Aug 1, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6577 Firefly Dr · $249,900 · 3 bd / 2 ba · pending · listed Jul 31, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6561 Firefly Dr · $234,900 · 3 bd / 2 ba · listed Jul 13, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6557 Firefly Dr · $249,900 · 4 bd / 2 ba · listed Jul 1, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6525 Firefly Dr · $239,900 · 3 bd / 2 ba · pending · listed Jun 26, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6383 June Bug Dr · $245,900 · 3 bd / 2 ba · listed Jun 25, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6569 Firefly Dr · $237,900 · 3 bd / 2 ba · listed Jun 24, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6544 Firefly Dr · $274,900 · 3 bd / 2 ba · pending · listed Jun 24, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6553 Firefly Dr · $244,900 · 4 bd / 2 ba · listed Jun 23, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6541 Firefly Dr · $244,900 · 4 bd / 2 ba · listed Jun 23, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6545 Firefly Dr · $244,900 · 4 bd / 2 ba · listed Jun 23, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6537 Firefly Dr · $234,900 · 3 bd / 2 ba · listed Jun 23, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 6179 June Bug Dr · $199,900 · 2 bd / 1 ba · listed Jun 23, 2026 · listed by Re/Max Horizons Realty
- 6549 Firefly Dr · $239,900 · 3 bd / 2 ba · pending · listed Jun 23, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 4334 Damselfly Dr · $208,500 · 2 bd / 1 ba · pending · listed Jun 23, 2026 · listed by Levin Rinke Realty
Rivers Cove right now
🔴 Seller-leaning market. 2.6 months of supply and 40% of the inventory already under contract give sellers the pressure advantage.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 September 20, 2026. Confidence: Very High (30 active and pending listings, 85 closed sales in 12 months).
🟢 Still climbing. The trailing-12-month median ($287K) is up 14.8% from the prior 12 months ($250K).Momentum Research, record-level Pensacola MLS closed sales, 12-month windows ending September 20. Confidence: Very High (85 and 89 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
Rivers Cove market snapshot (as of September 20, 2026): the median sale price is about $287K ($174 per sq ft over the trailing 12 months of closed sales), a median 70 days on market for closed sales, and 2.6 months of supply, a seller-leaning market. The trailing-12-month median is up 15% from the prior 12 months, computed from record-level Pensacola MLS closed sales (85 closings in the current window).
In ZIP 32583 (Milton), 617 homes closed in the last 12 months at a median of $320K ($172/sq ft), up 2.0% year over year, with a median 63 days on market. Right now 144 active and 100 pending listings put supply at about 2.9 months — a healthy market. See the live ZIP 32583 housing market and the Santa Rosa County market.
County records show 113 qualified sales in Rivers Cove across 2024–2025 (102 in 2024, 11 in 2025), median $249,400 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Flood zones in Rivers Cove: of 41 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary — verify any specific address at msc.fema.gov. See flood zones by neighborhood in Milton.
Rivers Cove is a community of 185 homes in Milton, Santa Rosa County, built between 2022 and 2024 (median 2024), with a median living area of about 1,425 square feet. 36% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The setting & the homes.
Aerial and on-site photos of Rivers Cove. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Rivers Cove
Rivers Cove
Rivers Cove
Rivers Cove
Rivers Cove
Rivers CovePhotos from Pensacola MLS listings in Rivers Cove; content deemed reliable but not guaranteed.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Pensacola MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($287K) IS the median in the snapshot above, and the move from 2025 ($250K) IS the +14.8% one-year change.
Windows contain 60 to 89 sales each (85 in the current window); every figure carries its sample size. 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.
40% of homes for sale in Rivers Cove 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).
Rivers Cove Market Scorecard
Rivers Cove is currently a seller's market. About 2.7 months of supply, a median asking price of $247,900, and homes go under contract in about 67.0 days.
Typical home value in the 32583 ZIP is $292,188, about 31.1% 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 Rivers Cove, Milton
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.
Rivers Cove on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Pensacola MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Santa Rosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Bagdad Elementary SchoolFLDOE grade C · Elementary
- Hobbs Middle SchoolFLDOE grade B · Middle
- Milton High SchoolFLDOE grade B · High
Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year 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 Rivers Cove address.
Shop the zone: Homes zoned for King Middle School · Homes zoned for Milton High School
The Rivers Cove buying strategy.
If we were buying in Rivers Cove 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.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
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 Rivers Cove.
A closer look at the Rivers Cove market
At a median of $174 per square foot, Rivers Cove 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 2.6 months of supply, a seller-leaning market and the trailing-12-month median up 15% year over year. Homes that do trade take a median 70 days on market, useful leverage on any listing that has lingered.
The housing stock is 185 homes built between 2022 and 2024, and 36% 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 Rivers Cove. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Rivers Cove buys, holds, and resells. Momentum Research; not an appraisal.
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 (6.4). Basis: Recent Direction +14.8% year-over-year; Liquidity & Demand 2.6 months of supply; Owner Commitment 36% owner-occupied; Pricing Power 92.5% sale-to-list. Refreshed with each data update.
HOA, CDD & Fees
- HOA dues reported around $55/month (about $660/yr) · median of 92 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $55 per month ($660 a year) — the median AssociationFee across 92 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Rivers Cove 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 Rivers Cove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Rivers Cove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Rivers Cove home worth?
Get a no-obligation home value based on real comparable sales in Rivers Cove, 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 Milton →
Recently off market in Rivers Cove
Homes in Rivers Cove 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. 1 on record.
- 6508 Firefly Dr · off market
Frequently Asked Questions
What is the median home price in Rivers Cove?
How long do homes in Rivers Cove take to sell?
Is Rivers Cove a buyer's or seller's market right now?
How many homes are in Rivers Cove?
What share of Rivers Cove is owner-occupied?
When were the homes in Rivers Cove built?
What schools serve Rivers Cove?
Who is the best real estate agent for Rivers Cove?
How do I find a top Milton real estate agent who knows Rivers Cove?
Can Momentum Realty connect me with an agent for Rivers Cove?
Where is Rivers Cove, and what county is it in?
Is Rivers Cove in a flood zone?
Is Rivers Cove a good place to live?
Data sources & freshness
| Live listings | Pensacola MLS, refreshed twice daily (last: September 21, 2026) |
| Community market stats | Pensacola MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (4 streets, ZIP 32583)) |
| Under-contract shares | Pensacola MLS records, as of 2026-09-20 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2024 (234 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.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Rivers Cove fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Rivers Cove with Momentum Realty’s local guides.