Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$403,845−1.0% YoY · prices are falling
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 17% have cut their price
Income needed to buy, per year$87,545About 1.4× the local median income ($63,384): a stretch for a typical household
Days on market107 daysFaster than a year ago: sellers have the edge
The typical home in Gulf County, FL is worth $403,845, down 1.0% from a year ago. That is well above what local incomes have historically supported: fair value is about $366,946, so the area is 10.1% overvalued. It is a balanced market, leaning toward buyers: homes take about 107 days to sell, listings are down 15% from a year ago, 17% of listings have had a price cut. A household needs about $87,545 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $63,384. In the latest IRS figures, 332 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$403,845
Change in 1 year
−1.0%
Overvalued %
+10.1%
Show 6 more
Fair home value
$366,946
Change in 5 years
+22.0%
Home value to income
6.4×
Monthly mortgage payment (20% down)
$2,189
Income needed to afford it
$87,545
Property tax rate
0.63%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,532
Market activity
Listings vs a year ago
−15.3%
Days on market
107
Listings with a price cut
17.3%
Show 3 more
Homes for sale
304
Pending sales per 100 listings
16
Asking price per sq ft
$392
People and jobs
Median household income
$63,384
Population change (1 year)
+0.3%
Unemployment rate
2.6%
Show 4 more
Population
15,943
Income adjusted for cost of living
$67,430
Net moves in (IRS)
+332
Cost of living (US = 100)
94.0
Schools, risk and environment
School rating (1 to 10)
4.6
FEMA hazard risk score (0 to 100)
59.5
Flood risk score
61.6
Show 3 more
Wildfire risk score
74.2
Walkability (1 to 20)
5.9
Road, rail and air noise
55 dB
Questions people ask
Is Gulf County, FL overvalued?
Home prices in Gulf County, FL are well above what local incomes have historically supported: fair value is about $366,946, so the area is 10.1% overvalued.
Is Gulf County, FL a buyer's or seller's market?
Gulf County, FL is a balanced market, leaning toward buyers: homes take about 107 days to sell, listings are down 15% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Gulf County, FL?
Home values in Gulf County, FL are down 1.0% over the last year.
How much do you need to earn to buy a home in Gulf County, FL?
A household needs about $87,545 a year to afford the typical home in Gulf County, FL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $63,384.