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Pace, FL

Full City Profile · Florida · Santa Rosa County County

3.5 /5.0
B+ Good
25,630 Population 1,058/sq mi density
$84,912 Median Income $40,599 per capita
$271,400 Home Value $320,934 Zillow
$1,195 Median Rent 29.6% income on rent
69°F Avg Temperature 313 sunny days/yr
286 Violent Crime/100K 2,627 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$84,912 median income, 2.3% unemployment
A+
Affordability
4.9 / 5.0
$271,400 home value, $1,195/mo rent
F
Safety
1.0 / 5.0
286 violent crimes/100K
B+
Education
3.5 / 5.0
31.5% bachelor's degree or higher

Housing Overview

Median Home Value
$271,400
4% below
US avg: $281,900
Median Rent
$1,195/mo
3% above
US avg: $1,163/mo
Homeownership Rate
85.4%
31% above US avg (65.4%)
Total Housing Units
9,437
Median year built: 1994

Home Value by Source

Census Median
$271,400
Zillow (ZHVI)
$320,934
Median Sale Price
$332,900
Median List Price
$337,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

85.4%
Owner-Occupied
14.6%
Renter-Occupied
85%
15%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $1,195/mo · Zillow rent: $1,826/mo

Market Indicators (Redfin)

Median Days on Market
65 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
43
Price Drops
22.7%
of listings with price reduction
Price Per Sq Ft
$171
Active Inventory
119
homes for sale

Affordability & Housing Stock

Rent Burden
29.6%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1994
Average age of housing stock: 32 years
Homeownership Rate
85.4%

Complete Housing Data

Home Values

Census Median Value$271,400
Zillow Home Value (ZHVI)$320,934
Median Sale Price$332,900
Median List Price$337,450
Price Per Sq Ft$171

Rent

Census Median Rent$1,195
Zillow Rent (ZORI)$1,826
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market65
Sale-to-List Ratio1.0%
Price Drops22.7%
Homes Sold43
Active Inventory119
Price Per Sq Ft$171

Ownership & Stock

Owner-Occupied85.4%
Renter-Occupied14.6%
Homeownership Rate85.4%
Total Housing Units9,437
Median Year Built1994
Rent Burden29.6%