Is Gulf Breeze, FL 32561 a buyer’s or seller’s market?
Gulf Breeze is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 7% of U.S. ZIP codes, and #542 of 796 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Gulf Breeze housing market right now
In the three months ending August 31, 2026, 6% of homes in Gulf Breeze, FL 32561 sold above their list price, the typical home went under contract in 72 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 84 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 4%, homes sold faster (78 days then) and the median sale price fell 3% to $682,205. Overall, Gulf Breeze is more competitive than a year ago, so tougher for buyers.
Within Escambia County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell less often over asking than in 86%. On our competition score, Gulf Breeze ranks #542 of 796 FL ZIP codes with enough sales (score 14 out of 100).
Nearby, buyers who want less competition could look at Century 32535 (0% sold over asking) or Pensacola 32502 (3% sold over asking), while Pensacola 32505 (23% sold over asking) and Pensacola 32514 (23% sold over asking) are even more competitive.
Run the numbers for 32561
Nearby markets
Cantonment 32533Seller’s market $175 /sq ftCentury 32535Balanced $159 /sq ftMc David 32568Balanced $156 /sq ftMolino 32577Balanced $227 /sq ft Browse all markets →Towns like Gulf Breeze nearby
Find towns like Gulf Breeze in other states →Where Gulf Breeze is
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Questions about Gulf Breeze real estate
Is Gulf Breeze a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Gulf Breeze, FL 32561 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Gulf Breeze?
The typical home went under contract in 72 days in the latest three months.
Do homes in Gulf Breeze sell over asking?
6% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What are property taxes in Gulf Breeze?
About 0.58% of a home’s value a year in Escambia County, or roughly $2,320 on a $400,000 home.
What is the median home price in Gulf Breeze?
The median sale price was $682,205 in the three months ending August 31, 2026, about $491 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology