Market comparison · November 3, 2026
Gulf Coast towns compared: where the money goes furthest (October 2026)
Updated November 2026. Rebuilt every month from the same closed-sale data as the city pages.
In October 2026, the median home sold for $266,500 in Pensacola and $772,000 in Gulf Breeze Proper & Pensacola Beach, and every other town on the coast sits somewhere between. Gulf Breeze (Midway) moved fastest at a typical 33 days; Gulf Breeze Proper & Pensacola Beach took 62. The most room to negotiate was in Perdido Key, at 5.6 months of supply; the tightest market was Gulf Breeze (Midway) at 3.0.
Every town, October 2026
| Town | Median sale | Days to sell | Months of supply | Sale-to-list | $/sq ft | Nearest base |
|---|---|---|---|---|---|---|
| Pensacola | $266,500 | 36 | 3.9 | 98.1% | $171 | NAS Pensacola, Corry Station |
| Milton | $298,700 | 57 | 3.2 | 100.0% | $170 | Whiting Field (in town) |
| Cantonment & Molino | $307,400 | 61 | 3.5 | 100.0% | $175 | NAS Pensacola north side |
| Pace | $347,640 | 34 | 4.0 | 99.2% | $179 | Whiting Field |
| Perdido Key | $350,000 | 58 | 5.6 | 96.9% | $223 | NAS Pensacola west gate |
| Navarre | $385,500 | 41 | 4.8 | 100.0% | $221 | Hurlburt, Eglin |
| Gulf Breeze (Midway) | $409,900 | 33 | 3.0 | 99.1% | $224 | NAS Pensacola via the bridge |
| Gulf Breeze Proper & Pensacola Beach | $772,000 | 62 | 5.5 | 96.2% | $514 | NAS Pensacola via the bridge |
Under four months of supply generally favors sellers; over six favors buyers. Sale-to-list is what sellers actually got against the last asking price. Source: Pensacola MLS closed sales, October 2026, medians for residential listings.
Baldwin County, Alabama, October 2026
| Town | Average sale | Days to sell | Months of supply | Sale-to-list | Pending ratio |
|---|---|---|---|---|---|
| Foley | $344,386 | 73 | 3.1 | 98.0% | 18% |
| Daphne | $391,334 | 64 | 2.7 | 97.9% | 31% |
| Gulf Shores | $615,329 | 115 | 8.2 | 96.2% | 10% |
| Fairhope | $650,809 | 78 | 3.9 | 96.7% | 22% |
| Orange Beach | $981,984 | 122 | 6.6 | 95.9% | 10% |
These are AreaPro six-month averages, not monthly medians, so don’t line them up against the Florida table above. Median sale price and price per square foot weren’t available in this month’s pull. Compare these towns to each other. Gulf Shores and Orange Beach cover all property types; the others cover residential and condo / townhome. Data as of November 1, 2026.
How to read it
Price and speed are different things. The cheapest town is not the fastest: Pensacola took a typical 36 days, while Gulf Breeze (Midway), at a higher median, took 33. A buyer’s leverage comes from supply and days on market, not from the sticker.
Supply is the number that decides a negotiation. Anything under three months means multiple offers are normal and a full-price offer is the floor. Anything over six means you can ask for repairs, closing costs, or time, and usually get one of them.
The base decides the shortlist before the price does. Every town here draws the same Pensacola BAH rate, so for a military family the cheaper town is straight savings, but only if the commute works. The PCS guide walks through that order.
If you’re buying
Start with the towns whose supply is above four months; that is where you have time and leverage. Cross-shop the pair you’re torn between with the comparison pages: Pace vs Milton, Navarre vs Perdido Key, and on the Alabama side Fairhope vs Daphne. Across the state line, from one source: Gulf Breeze vs Gulf Shores and Pensacola vs Gulf Shores.
If you’re selling
If your town is under three months of supply, price at the market and expect full asking. If it is over five, the listings you compete with are the story, and pricing right on day one matters more than anything you do afterward.
Common questions
Which Pensacola-area town is cheapest? Pensacola, at a median of $266,500 in October 2026.
Which sells fastest? Gulf Breeze (Midway), a typical 33 days.
Where does a buyer have the most leverage? On the Florida side, Perdido Key, with 5.6 months of supply. In Baldwin County, Gulf Shores, at 8.2 months on the six-month read.
Are these the same numbers as the city pages? Yes. Each row links to that town’s full report for the month.
Data: Pensacola MLS, closings in October 2026, medians for residential listings. Baldwin County, Alabama towns: AreaPro, rolling six months, averages, data as of November 1, 2026; shown in their own table because that data is a six-month average, not a monthly median.