Callaway, FL Housing Market

$259,415

2.1% 1-yr

The average Callaway, FL home value is $259,415, down 2.1% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Callaway Key Takeaways

Typical Home Values: $259,415

1-year Value Change: -2.1%

(Data through November 30, 2025)

Callaway Housing Market Overview

--1-year Market Forecast

122For sale inventory(November 30, 2025)

26New listings(November 30, 2025)

--Median sale to list ratio

--Median sale price(October 31, 2025)

$307,424Median list price(November 30, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Callaway

NameMedian ZHVI
Hiland Park$212,060
Cedar Grove$313,668
Pretty Bayou$350,242
Upper Grand Lagoon$363,774
Lower Grand Lagoon$405,072
Rosemary Beach$2,565,152
Alys Beach$5,214,582
WaterSound Beach$1,992,077
Fort Braden--

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Callaway Homes for Sale

1128 S Gay Ave LOT 27

View Callaway listings

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Callaway Rental Market Trends

$1,753Average rent in Callaway(November 30, 2025)

$1,925National average rent(November 30, 2025)

-0.6%Month-over-month change(November 30, 2025)

0.7%Year-over-year change(November 30, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.