Home Values

Gulf Breeze Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$237,000

  • 2.4% 1-year change
  • 2.9% 1-year forecast

The median home value in Gulf Breeze is $237,000. Gulf Breeze home values have gone up 2.4% over the past year and Zillow predicts they will rise 2.9% within the next year. The median list price per square foot in Gulf Breeze is None. The median rent price in Gulf Breeze is $1,300, which is higher than the Pensacola Metro median of $1,050.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Gulf Breeze is 8.0%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Gulf Breeze homeowners underwater on their mortgage is 14.1%, which is lower than Pensacola Metro at 20.3%.

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Relative ZHVI
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Gulf Breeze Market Overview

Data through May 31, 2015
  • $237,000 ZHVI
  • 2.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • $237,250 Median sale price
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Gulf Breeze Market Health

Data through May 31, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • 14.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 8.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Navarre $198,600
Mary Esther $149,100
Cantonment $147,100
Name Median ZHVI
Lillian $144,300
Wright $143,500
Fort Walton Beach $133,800
Name Median ZHVI
Milton $123,800
Holt $119,400
Pensacola $105,700

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $122 Median sale price / sq ft
  • No data Listings with price cut
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Gulf Breeze Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,479 Gulf Breeze
    $1,100 Pensacola Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,300 Rent list price
  • $0.83 Rent list price / sq ft
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