32561 — Santa Rosa County, Florida Market Snapshot
Housing market data for zip code 32561 in Santa Rosa County, Florida. Updated monthly with median prices, days on market, and more.
Market Sales Data
95 sales in 2026 (year to date)
Median Sale Price
$720,000
Days to Sell
76
Homes Sold
95
Inventory
155
Sale-to-List
96.7%
New Listings
140
Price/SqFt
$448
Pending Sales
123
Conforming Loan Available
The median home in 32561 at $720,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Market Insights
Market Temperature
With homes sitting for 76 days on average, 32561 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 32561 sells for 3.3% below asking price (96.7% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
The median home in 32561 at $720,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Loan limits in 32561 are set at the county level.
2026 Loan Limits — Santa Rosa County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 32561
To purchase the median home at $720,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,666.
Monthly Payment
$5,666
Income Required
$242,846
Principal & Interest
$4,436/mo
Down Payment (5%)
$36,000
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 32561.
Estimated Monthly Payment
$4,606
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