Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$350,823+1.5% YoY · prices are rising
Market right nowSeller's marketFewer homes for sale than last year, 15% have cut their price
Income needed to buy, per year$76,051About 0.9× the local median income ($88,354): affordable for a typical household
Days on market75 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+0.8%Zillow expects prices to rise slightly
The typical home in Santa Rosa County, FL is worth $350,823, up 1.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $312,081, so the area is 12.4% overvalued. It is a seller's market: homes take about 75 days to sell, listings are down 6% from a year ago, 15% of listings have had a price cut. Zillow expects prices to rise about 0.8% over the next year. A household needs about $76,051 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 $88,354. Typical rent is $1,975 a month, or $2,229 for a house. In the latest IRS figures, 3,756 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
$350,823
Change in 1 year
+1.5%
Overvalued %
+12.4%
Show 7 more
Fair home value
$312,081
Change in 5 years
+17.1%
Zillow forecast, next 12 months
+0.8%
Home value to income
4.0×
Monthly mortgage payment (20% down)
$1,901
Income needed to afford it
$76,051
Property tax rate
0.57%
Rent and investing
Typical rent
$1,975
Typical rent for houses
$2,229
Price-to-rent ratio
14.8×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,548
Gross rental yield
6.76%
Cap rate (estimate)
4.39%
Market activity
Listings vs a year ago
−5.7%
Days on market
75
Listings with a price cut
14.9%
Show 3 more
Homes for sale
1,139
Pending sales per 100 listings
47
Asking price per sq ft
$211
People and jobs
Median household income
$88,354
Population change (1 year)
+1.8%
Unemployment rate
4.5%
Show 4 more
Population
211,115
Income adjusted for cost of living
$90,434
Net moves in (IRS)
+3,756
Cost of living (US = 100)
97.7
Schools, risk and environment
School rating (1 to 10)
7.5
FEMA hazard risk score (0 to 100)
89.0
Unhealthy air days a year
0
Show 4 more
Flood risk score
73.7
Wildfire risk score
81.3
Walkability (1 to 20)
6.5
Road, rail and air noise
55 dB
Questions people ask
Is Santa Rosa County, FL overvalued?
Home prices in Santa Rosa County, FL are well above what local incomes have historically supported: fair value is about $312,081, so the area is 12.4% overvalued.
Is Santa Rosa County, FL a buyer's or seller's market?
Santa Rosa County, FL is a seller's market: homes take about 75 days to sell, listings are down 6% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Santa Rosa County, FL?
Home values in Santa Rosa County, FL are up 1.5% over the last year. Zillow's forecast for the next 12 months is +0.8%.
How much do you need to earn to buy a home in Santa Rosa County, FL?
A household needs about $76,051 a year to afford the typical home in Santa Rosa County, FL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $88,354.