Gulf Breeze, FL—32561
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Gulf Breeze, FL
Home Price Trends — Gulf Breeze, FL
As of Oct '25, the median home price in Gulf Breeze, FL is $686,000, with a year-over-year change of -2.0%. This indicates that home prices in Gulf Breeze, FL are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $686,000 | -2.0% |
| Single Family | $737,000 | -1.2% |
| Condos | $645,000 | -4.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $339,000 | -7.4% |
2 Bed | $585,000 | -3.1% |
3 Bed | $665,000 | -1.2% |
4 Bed | $882,000 | -0.5% |
| 5 Bed | $1,524,000 | -0.2% |
% of Housing Stock
Rental Trends — Gulf Breeze, FL
As of July '25, Rentcast reports the average rent in Gulf Breeze, FL is $3,180, with a year-over-year rent change of 10.8%. Per bedroom, the median rent as of July '25 in Gulf Breeze, FL is 1-bedrooms: $1,580, 2-bedrooms: $2,450, 3-bedrooms: $3,410, 4-bedrooms: $3,340. The most common rental property sizes in Gulf Breeze, FL are 2-bedroom and 3-bedroom, accounting for 55.8% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $3,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,580 | $1,580 |
| 2 Bed Rent | $2,500 | $2,450 |
| 3 Bed Rent | $3,200 | $3,410 |
| 4 Bed Rent | $2,500 | $3,340 |
% of Rental Stock
Property Listings — Gulf Breeze, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Gulf Breeze, FL is 102. This is a increase of 9.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $799,000 | 0.0% |
Listing Count | 182 | 14.0% |
| Listings as % of Homes | 1.3% | 14.0% |
Days on Market | 102 | 9.0% |
Demographics — Gulf Breeze, FL
As of the latest ACS Survey released in 2023, Gulf Breeze, FL has a population of 9,250, which has remained stable by -0.5% over the past 5 years. Gulf Breeze, FL is a moderately popular place for families, as children make up 20.2% of the population. The area has a highly educated workforce, with 60.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,250 | -0.5% |
% Under 18 | 20.2% | -1.0% |
% Seniors | 26.9% | 27.5% |
% WFH | 24.7% | 197.6% |
% w/ College Degree | 60.0% | 2.7% |
As of the latest ACS Survey released in 2023, Gulf Breeze, FL is a predominantly white area, with 80.9% of the population identifying as white. The white population has shrunk by 14.7% in the last 5 years. The second most common race or ethnicity in Gulf Breeze, FL is hispanic, making up 9.4% of the population. Foreign-born residents account for 4.2% of the population in Gulf Breeze, FL, and this percentage has decreased by 26.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.9% | -14.7% |
% Black | 1.3% | 85.7% |
% Hispanic | 9.4% | 248.1% |
% Asian | 2.9% | 866.7% |
% Foreign Born | 4.2% | -26.3% |
Mortgage and Risk — Gulf Breeze, FL
According to HUD data as of 2023, there were 213 mortgage originations in Gulf Breeze, FL, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Gulf Breeze, FL. Investor activity is low, as 4.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 213 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 4.0% |
% Second Loans | 23.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Gulf Breeze, FL
As of 2024, the percent of homes in Gulf Breeze, FL under the Section 8 program is 0.1%. 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. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Gulf Breeze, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $1,580 | $1,850 |
| 2 Bedroom | -$320 | $2,500 | $2,180 |
| 3 Bedroom | -$280 | $3,200 | $2,920 |
| 4 Bedroom | $1,090 | $2,500 | $3,590 |
Affordability — Gulf Breeze, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $686,000 |
| Median Household Income | $119,000 |