Market data · October 2026
Perdido Key Housing Market — October 2026
66 homes sold at a median of $350,000, in a typical 58 days.
In October 2026, 66 homes sold in Perdido Key at a median of $350,000, taking a typical 58 days to sell. There are 370 homes on the market at a median of $489,000, and 75 more under contract. The median sale was down against September.
The numbers
| Measure | October 2026 |
|---|---|
| Homes sold | 66 |
| Median sale price | $350,000 |
| Median days on market | 58 |
| Price per square foot | $223 |
| Homes for sale | 370 |
| Median list price | $489,000 |
| Under contract | 75 |
| Sale-to-list ratio | 96.9% |
| Months of supply | 5.6 |
What’s actually going on
The median sale price in Perdido Key was $350,000 in October, down 13% from $403,250 in September, and the typical home took 58 days to sell — 4 days longer than in September.
370 homes were listed against 66 sales, which works out to 5.6 months of supply, up from 5.1 in September. More homes per sale gives a buyer a little more room to ask.
Closings fell, from 72 in September to 66 in October.
If you’re selling
Homes in Perdido Key closed at a median of 96.9% of asking in October. Pricing right from the start matters more than anything else; the discounts go to homes that started too high.
With 370 homes for sale and 66 selling a month, you’re competing against roughly 5.6 months of inventory.
If you’re buying
33 of the 66 homes that sold took more than two months to get there, and the 370 still listed have been on the market a median of 91 days. A listing that’s been sitting is worth an offer.
Where in Perdido Key the homes sold. The subdivision-level numbers are on the neighborhoods page.
Common questions
How long does it take to sell a house in Perdido Key? A median of 58 days in October. 22 of 66 sold in under 30 days and 33 took more than 60. Where a home lands is mostly about pricing.
Is Perdido Key a buyer’s or seller’s market right now? About 5.6 months of supply. Under four months generally favours sellers; over six favours buyers.
What do homes actually cost in Perdido Key? The median sale was $350,000 in October, at about $223 per square foot. Of the 66 sales, 16 were under $250,000, 16 between $250,000 and $350,000, 17 between $350,000 and $500,000, and 17 above $500,000.
Data: Pensacola MLS, closings in October 2026, zip code 32507. Closings are the full month (October 1–31); inventory and under-contract counts are as of November 3, 2026. Pulled November 3, 2026. Figures are medians for residential listings.