Market data · September 2026
Perdido Key Housing Market — September 2026
72 homes sold at a median of $403,250, in a typical 54 days.
In September 2026, 72 homes sold in Perdido Key at a median of $403,250, taking a typical 54 days to sell. There are 368 homes on the market at a median of $470,000, and 107 more under contract.
The numbers
| Measure | September 2026 |
|---|---|
| Homes sold | 72 |
| Median sale price | $403,250 |
| Median days on market | 54 |
| Price per square foot | $254 |
| Homes for sale | 368 |
| Median list price | $470,000 |
| Under contract | 107 |
| Sale-to-list ratio | 97.8% |
| Months of supply | 5.1 |
What’s actually going on
The median sale price in Perdido Key was $403,250 in September, up 17% from $345,000 in August, and the typical home took 54 days to sell — 6 days longer than last month.
Inventory is the bigger story: 368 homes were listed against 72 sales, which works out to 5.1 months of supply, down from 6.0 in August. Fewer homes per sale means a seller has a little more leverage than a month ago.
Closings rose, from 61 in August to 72 in September.
Asking prices sit $66,750 above what homes are actually selling for, on housing of a similar age (built around 2000 on both sides), so the gap is mostly pricing, not newer homes.
If you’re selling
Homes in Perdido Key closed at a median of 97.8% of asking in September. Price to the market and you will get close to your number — the discounting happens to homes that started too high, not to homes priced right from the start.
With 368 homes for sale and 72 selling a month, you’re competing against roughly 5.1 months of inventory.
If you’re buying
35 of the 72 homes that sold took more than two months to get there, and 368 are still listed — a median of 97 days each. Anything that’s been sitting is worth an offer.
Where in Perdido Key the homes sold. The subdivision-level numbers for Perdido Key are on the neighborhoods page.
Common questions
How long does it take to sell a house in Perdido Key? A median of 54 days in September. That average hides a split: 23 of 72 sold in under 30 days and 35 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 5.1 months of supply — between the two. Under four months generally favours sellers; over six favours buyers.
What do homes actually cost in Perdido Key? The median sale was $403,250 in September, at about $254 per square foot. Of the 72 sales, 16 were under $250,000, 12 between $250,000 and $350,000, 14 between $350,000 and $500,000, and 30 above $500,000.
Data: Pensacola MLS, closings in September 2026, zip code 32507. Closings are the full month (September 1–30); inventory and under-contract counts are as of September 23, 2026. Pulled October 2, 2026. Figures are medians for residential listings.