Perdido Key, FL Housing Market 2026: What Homes Actually Sell For

Perdido Key produces a steady stream of closings but little consensus: sales over the last six months span a range wide enough that the median is a midpoint between different markets, not a going rate. The distribution below matters more than the headline.

The snapshot

• •Closings tracked, last 6 months: 400
• •Median sold price, last 6 months: $405,000
• •Median sold $/sqft, last 6 months: $243
• •Middle half of sales closed between: $247,400 and $610,000

What the numbers say

Resideline tracked 400 closed sales in Perdido Key over the last six months, with a median closing price of $405,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $247,400 and $610,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 396 closings with usable living area, the middle half sold between $173 and $348 per square foot.

Figures last updated October 3, 2026 from closings Resideline tracked.

Median home price in Perdido Key, FL (October 2026)

The median home price in Perdido Key is $405,000, measured across the 400 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $247,400 and $610,000.

Where Perdido Key sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Perdido Key over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $247,400 and $610,000. Among the 205 Florida markets with a published band, Perdido Key's middle-half spread ($247,400 to $610,000) ranks 147th from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 91st percentile of the 2,230 US markets in Resideline's national Market Watch set, on data as of October 3, 2026.

How long a sale takes here

• •Listed to under contract: a median of 53 days, across 207 Perdido Key closings Resideline tracked in the last six months
• •Contract to closing: a median of 8 days, across 211 Perdido Key closings Resideline tracked in the last six months

The Perdido Key angle

Across 400 tracked closings over the last six months, Perdido Key posted a median sale price of $405,000 while the middle half of sales spread from $247,400 to $610,000. That spread is among the widest we track, which makes the median one of the less informative numbers on this page: half of all closings landed outside a very large range surrounding it. The upper stretch of the band runs further from the median than the lower stretch does, so upside estimates separate from the midpoint in bigger increments than downside ones. Price any specific property from closely matched closed sales, and treat distance from $405,000 as unremarkable until the comps say otherwise.

Perdido Key market data by ZIP code

Citywide medians hide block-by-block variation. Resideline publishes free, regularly refreshed market snapshots for Perdido Key ZIP codes: 32507.

From market read to offer price

A spread this wide means the citywide number cannot price a specific address; the step that matters is the property-level read. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator, rehab cost estimator, BRRRR calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Perdido Key address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Perdido Key, FL
Geography: postal-city market, no municipal boundary
Data updated: October 2026
Analysis period: last six months
Tracked closings: 400
Median sold price: $405,000
Median sold $/sqft: $243 (396 qualifying)
https://resideline.com/blog/perdido-key-fl-housing-market

Writing about this market? Paste this into your post:

<a href="https://resideline.com/blog/perdido-key-fl-housing-market">
  <img src="https://resideline.com/images/embed/perdido-key-fl.png" alt="Perdido Key, FL home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
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<p>Source: <a href="https://resideline.com/blog/perdido-key-fl-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Perdido Key over the last six months, and is refreshed when the data is. Perdido Key has no municipal boundary of its own in the Census place and county subdivision files, so these figures cover the Perdido Key postal area rather than a city boundary. The closings we track across properties assigned to the Perdido Key postal market are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 22% of the 400 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $435,000.