Homes for Sale Under 500K in Pace, FL

218 Homes for Sale

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Pace, FL Housing Market Overview

Pace's housing market is evenly balanced between buyers and sellers. This creates fair negotiating conditions for both parties. With a 1.6-month supply of homes and properties spending 78.5 days on the market on average, both buyers and sellers have equal opportunity to achieve favorable outcomes.

Status

Balanced Market

Days on Market

79

Inventory

218

Aug 2021May 2024Jul 2026

Median Home Price

$349,900Down 0.03%

In Jul 2026 · YoY

Aug 2021May 2024Jul 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
218 Down 15.07%
Newly Listed Homes
68 Down 2.86%
Months of Supply
1.6 Up 13.99%

Housing Demand

Homes Sold
114 Down 25.49%
Sale-to-List Ratio
98.9% Up 1.20%
Homes Sold Above List
7.6% Up 6.16%

30-yr fixed rate 6.23% · Data as of Jul 2026 · Source: Houzeo Research.

View Full Pace Market Report
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    Based on information from the Pensacola Association of REALTORS (alternatively, from the Pensacola MLS) through (date). This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 Multiple Listing Service of the Pensacola Association of REALTORS®. All Rights Reserved.

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