Santa Rosa Beach, FL—32459
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Santa Rosa Beach, FL
As of Oct '25, the median home price in Santa Rosa Beach, FL is $850,000, with a year-over-year change of -8.3%. This indicates that home prices in Santa Rosa Beach, FL are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $850,000 | -8.3% |
| Single Family | $867,000 | -7.5% |
| Condos | $795,000 | -10.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $433,000 | -13.9% |
2 Bed | $593,000 | -10.6% |
3 Bed | $688,000 | -7.7% |
4 Bed | $1,180,000 | -7.5% |
| 5 Bed | $2,516,000 | -6.6% |
% of Housing Stock
Rental Trends — Santa Rosa Beach, FL
As of July '25, Rentcast reports the average rent in Santa Rosa Beach, FL is $3,300, with a year-over-year rent change of 8.2%. Per bedroom, the median rent as of July '25 in Santa Rosa Beach, FL is studios: $3,500, 1-bedrooms: $1,880, 2-bedrooms: $2,330, 3-bedrooms: $3,020, 4-bedrooms: $4,350. The most common rental property sizes in Santa Rosa Beach, FL are 3-bedroom and 1-bedroom, accounting for 43.4% and 25.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,950 | $3,300 |
| Studio Rent | $3,500 | $3,500 |
| 1 Bed Rent | $1,610 | $1,880 |
| 2 Bed Rent | $2,000 | $2,330 |
| 3 Bed Rent | $2,800 | $3,020 |
| 4 Bed Rent | $4,000 | $4,350 |
% of Rental Stock
Property Listings — Santa Rosa Beach, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Santa Rosa Beach, FL is 108. This is a increase of 13.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,190,000 | -6.0% |
Listing Count | 1,130 | 7.0% |
| Listings as % of Homes | 3.4% | 7.0% |
Days on Market | 108 | 13.0% |
Demographics — Santa Rosa Beach, FL
As of the latest ACS Survey released in 2023, Santa Rosa Beach, FL has a population of 22,100, which has increased by 43.5% over the past 5 years. Santa Rosa Beach, FL is a moderately popular place for families, as children make up 19.9% of the population. The area has a highly educated workforce, with 48.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,100 | 43.5% |
% Under 18 | 19.9% | 0.5% |
% Seniors | 15.8% | -11.2% |
% WFH | 16.9% | 49.6% |
% w/ College Degree | 48.2% | 5.0% |
As of the latest ACS Survey released in 2023, Santa Rosa Beach, FL is a predominantly white area, with 84.1% of the population identifying as white. The white population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Santa Rosa Beach, FL is hispanic, making up 8.1% of the population. Foreign-born residents account for 10.7% of the population in Santa Rosa Beach, FL, and this percentage has increased by 23.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.1% | -6.3% |
% Black | 0.3% | -25.0% |
% Hispanic | 8.1% | 17.4% |
% Asian | 3.0% | 328.6% |
% Foreign Born | 10.7% | 23.0% |
Mortgage and Risk — Santa Rosa Beach, FL
According to HUD data as of 2023, there were 1136 mortgage originations in Santa Rosa Beach, FL, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Santa Rosa Beach, FL. Investor activity is low, as 9.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,136 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 9.0% |
% Second Loans | 30.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Santa Rosa Beach, FL
As of 2024, the percent of homes in Santa Rosa Beach, FL under the Section 8 program is 0.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Santa Rosa Beach, FL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $1,610 | $1,560 |
| 2 Bedroom | -$270 | $2,000 | $1,730 |
| 3 Bedroom | -$380 | $2,800 | $2,420 |
| 4 Bedroom | -$1,090 | $4,000 | $2,910 |
Affordability — Santa Rosa Beach, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10 |
| Median Home Price | $850,000 |
| Median Household Income | $101,000 |