Santa Rosa Beach, Florida (ZIP code 32459) has emerged as a notable real estate market, with median home values more than doubling over the past five years despite recent stabilization.
Current median home values in the coastal community stand at $968,128 as of June 2023, representing a remarkable 115% increase from $450,804 five years ago. This growth earned the area a price momentum score of 106.56.
However, recent data indicates a cooling trend. Values have decreased 3% from $993,979 a year ago, while showing minimal change from the previous month's median of $965,056.
This market pattern suggests Santa Rosa Beach has been a strong long-term investment destination, even as prices have begun to level off in the short term.