Market comparison · October 2, 2026
Cantonment vs Pace, FL: Which Housing Market Is Better Right Now?
Cantonment is cheaper by $43,488 on the median, and Pace sold faster. In September 2026, Cantonment homes sold at a median of $298,950 in 54 days; Pace sold at a median of $342,438 in 38 days. Cantonment is north Escambia County and Pace is just across the line in Santa Rosa, so the two are close to each other and to NAS Whiting Field and NAS Pensacola.
The numbers, side by side
| Measure | Cantonment | Pace |
|---|---|---|
| Homes sold | 88 | 74 |
| Median sale price | $298,950 | $342,438 |
| Median days on market | 54 | 38 |
| Price per square foot | $173 | $175 |
| Homes for sale | 283 | 276 |
| Median list price | $333,815 | $374,950 |
| Under contract | 143 | 136 |
| Sale-to-list ratio | 99.3% | 100.0% |
| Months of supply | 3.2 | 3.7 |
What actually separates them
Price. The $43,488 gap is 15% on the median. Per square foot the gap is $173 against $175, so most of the difference is the size and type of home that is selling, not a premium for the address.
Speed and leverage. Cantonment has 3.2 months of supply against 3.7 in Pace. Pace homes took 38 days at the median; Cantonment took 54. Sellers got 99.3% of asking in Cantonment and 100.0% in Pace.
Choice. Cantonment has 283 homes for sale and 143 under contract; Pace has 276 and 136. Cantonment offers the bigger selection.
If you’re buying
Pace gives a buyer more room to ask for something: 3.7 months of supply against 3.2 in Cantonment. Cantonment is the tighter market, so be ready to move quickly and price your offer to the market. Cantonment has the lower entry price.
If you’re selling
In Cantonment, there is less competition per home (3.2 months of supply), so a correctly priced home should draw more attention. In Pace you are competing with more listings, so pricing is the main lever.
Common questions
Is Cantonment or Pace cheaper? Cantonment. The September median was $298,950 against $342,438, a difference of $43,488.
Which sells faster, Cantonment or Pace? Pace, at a median of 38 days against 54.
Which is the better buyer’s market? Pace, with 3.7 months of supply against 3.2. Under four months generally favours sellers; over six favours buyers.
The full reports
Data: Pensacola MLS, closings in September 2026 (September 1–30); inventory and under-contract counts as of September 23, 2026. Pulled October 2, 2026. Figures are medians for residential listings.
Tyler Darden, REALTOR® · FL SL3662859 · AL 146317 · Real Broker, LLC