Gulf Breeze, FL—32563
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 $400,000, with a year-over-year change of -3.0%. This indicates that home prices in Gulf Breeze, FL are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $400,000 | -3.0% |
| Single Family | $402,000 | -2.9% |
| Condos | $222,000 | -7.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $242,000 | -5.8% |
3 Bed | $352,000 | -3.3% |
4 Bed | $501,000 | -2.3% |
| 5 Bed | $798,000 | -1.1% |
% of Housing Stock
Rental Trends — Gulf Breeze, FL
As of July '25, Rentcast reports the average rent in Gulf Breeze, FL is $2,260, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Gulf Breeze, FL is 1-bedrooms: $1,640, 2-bedrooms: $1,370, 3-bedrooms: $2,200, 4-bedrooms: $2,940. The most common rental property sizes in Gulf Breeze, FL are 3-bedroom and 2-bedroom, accounting for 36.2% and 36.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,150 | $2,260 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,640 |
| 2 Bed Rent | $1,300 | $1,370 |
| 3 Bed Rent | $2,100 | $2,200 |
| 4 Bed Rent | $2,700 | $2,940 |
% 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 64. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $486,000 | 3.0% |
Listing Count | 280 | 5.0% |
| Listings as % of Homes | 1.6% | 5.0% |
Days on Market | 64 | -8.0% |
Demographics — Gulf Breeze, FL
As of the latest ACS Survey released in 2023, Gulf Breeze, FL has a population of 29,700, which has increased by 16.1% over the past 5 years. Gulf Breeze, FL is a moderately popular place for families, as children make up 21.4% of the population. The area has a moderately educated workforce, with 40.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,700 | 16.1% |
% Under 18 | 21.4% | -9.3% |
% Seniors | 19.7% | 18.7% |
% WFH | 14.0% | 174.5% |
% w/ College Degree | 40.0% | 7.5% |
As of the latest ACS Survey released in 2023, Gulf Breeze, FL is a predominantly white area, with 86.5% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Gulf Breeze, FL is hispanic, making up 6.0% of the population. Foreign-born residents account for 4.4% of the population in Gulf Breeze, FL, and this percentage has decreased by 24.1% 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 | 86.5% | -0.7% |
% Black | 2.0% | -13.0% |
% Hispanic | 6.0% | 42.9% |
% Asian | 1.3% | -53.6% |
% Foreign Born | 4.4% | -24.1% |
Mortgage and Risk — Gulf Breeze, FL
According to HUD data as of 2023, there were 449 mortgage originations in Gulf Breeze, FL, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Gulf Breeze, FL. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 449 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 12.0% |
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 0.6%. 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 Gulf Breeze, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 12 |
Total Units Section 8 | 12 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $240 | $1,500 | $1,740 |
| 2 Bedroom | $750 | $1,300 | $2,050 |
| 3 Bedroom | $640 | $2,100 | $2,740 |
| 4 Bedroom | $680 | $2,700 | $3,380 |
Affordability — Gulf Breeze, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $400,000 |
| Median Household Income | $97,100 |