Market data · October 2026
Gulf Coast Housing Market by City — October 2026
Eight Florida areas and five Alabama cities, same month, same numbers. Where homes sell fastest and where you have the most room to negotiate.
In October 2026, 625 homes sold across the Pensacola-area cities we track at a median of $320,000, taking a typical 43 days. Sellers got a median of 98.9% of asking. Gulf Breeze (Midway) was the fastest at 33 days and Gulf Breeze Proper & Pensacola Beach the slowest at 62.
Every city, October 2026
| City | Median sale | Days to sell | Sale-to-list | Months of supply |
|---|---|---|---|---|
| Pensacola | $266,500 | 36 | 98.1% | 3.9 |
| Milton | $298,700 | 57 | 100.0% | 3.2 |
| Cantonment & Molino | $307,400 | 61 | 100.0% | 3.5 |
| Pace | $347,640 | 34 | 99.2% | 4.0 |
| Perdido Key | $350,000 | 58 | 96.9% | 5.6 |
| Navarre | $385,500 | 41 | 100.0% | 4.8 |
| Gulf Breeze (Midway) | $409,900 | 33 | 99.1% | 3.0 |
| Gulf Breeze Proper & Pensacola Beach | $772,000 | 62 | 96.2% | 5.5 |
Months of supply is how long it would take to sell every listed home at the current pace. Under four months generally favours sellers. Over six favours buyers.
What the table actually tells you
Gulf Breeze (Midway) has the least supply. 3.0 months, with a 33-day median and sellers getting 99.1% of asking.
Perdido Key has the most room to negotiate. 5.6 months of supply, with 370 homes listed against 66 sales.
Gulf Breeze is really two markets. The mainland Midway side (32563) sold at a median of $409,900; the peninsula and Pensacola Beach (32561) at $772,000, and $514 per square foot against $224.
The spread is wide. $505,500 separates Pensacola ($266,500) and Gulf Breeze Proper & Pensacola Beach ($772,000).
Baldwin County, Alabama
The Alabama side still splits in two: working towns where around a fifth to a third of listings are under contract, and resort towns where about one in ten are.
| City | Selling / month | Average sale | Days | Pending ratio | Months of supply |
|---|---|---|---|---|---|
| Foley | 104.2 | $344,386 | 73 | 18% | 3.1 |
| Daphne | 82.5 | $391,334 | 64 | 31% | 2.7 |
| Gulf Shores | 96.5 | $615,329 | 115 | 10% | 8.2 |
| Fairhope | 75 | $650,809 | 78 | 22% | 3.9 |
| Orange Beach | 90.3 | $981,984 | 122 | 10% | 6.6 |
These numbers are not directly comparable to the Florida table above. Baldwin figures come from AreaPro and cover a rolling six-month period using averages; the Florida figures are single-month medians from the Pensacola MLS. Averages run higher than medians, and a six-month window smooths out short-term movement. Median sale prices weren’t available in this month’s AreaPro pull, so the Baldwin prices and days are averages only. Compare Baldwin cities to each other, and Florida cities to each other.
Comparing the Alabama towns: Fairhope vs Daphne. Across the state line, from one source: Gulf Breeze vs Gulf Shores and Pensacola vs Gulf Shores.
The individual reports
Florida — Escambia & Santa Rosa - Pensacola - Cantonment & Molino - Milton - Perdido Key - Pace - Gulf Breeze (Midway) - Gulf Breeze Proper & Pensacola Beach - Navarre
Alabama — Baldwin County - Foley - Daphne - Gulf Shores - Fairhope - Orange Beach
Data: Pensacola MLS, closings in October 2026 (October 1–31) across the zip codes of the cities listed above; inventory as of November 3, 2026. Pulled November 3, 2026. Figures are medians for residential listings. Baldwin County, Alabama is from AreaPro (rolling six months, averages, data as of November 1, 2026), reported separately.