Market comparison · November 3, 2026
Navarre vs Perdido Key, FL: Which Housing Market Is Better Right Now?
Perdido Key is cheaper by $35,500 on the median, and Navarre sold faster. In October 2026, Navarre homes sold at a median of $385,500 in 41 days; Perdido Key sold at a median of $350,000 in 58 days. Both are the beach-side ends of the area, one east and one west.
The numbers, side by side
| Measure | Navarre | Perdido Key |
|---|---|---|
| Homes sold | 36 | 66 |
| Median sale price | $385,500 | $350,000 |
| Median days on market | 41 | 58 |
| Price per square foot | $221 | $223 |
| Homes for sale | 172 | 370 |
| Median list price | $560,000 | $489,000 |
| Under contract | 67 | 75 |
| Sale-to-list ratio | 100.0% | 96.9% |
| Months of supply | 4.8 | 5.6 |
What actually separates them
Price. The $35,500 gap is 9% on the median. Per square foot it is $221 in Navarre against $223 in Perdido Key.
Speed and leverage. Navarre has 4.8 months of supply against 5.6 in Perdido Key. Sellers got 100.0% of asking in Navarre and 96.9% in Perdido Key.
Choice. Navarre has 172 homes for sale and 67 under contract; Perdido Key has 370 and 75.
If you’re buying
Perdido Key gives a buyer more room to ask for something: 5.6 months of supply against 4.8 in Navarre. Perdido Key has the lower entry price.
If you’re selling
In Navarre there is less competition per home (4.8 months of supply). In Perdido Key you are competing with more listings, so pricing is the main lever.
Common questions
Is Navarre or Perdido Key cheaper? Perdido Key. The October median was $350,000 against $385,500, a difference of $35,500.
Which sells faster, Navarre or Perdido Key? Navarre, at a median of 41 days against 58.
Which is the better buyer’s market? Perdido Key, with 5.6 months of supply against 4.8. Under four months generally favours sellers; over six favours buyers.
The full reports
Data: Pensacola MLS, closings in October 2026 (October 1–31); inventory and under-contract counts as of November 3, 2026. Pulled November 3, 2026. Figures are medians for residential listings.
Tyler Darden, REALTOR® · FL SL3662859 · AL 146317 · Real Broker, LLC