Pace, FL 32571 - Real Estate Investment Insights & Performance Data

Welcome to our 32571 real estate data hub, tailored for investors in Pace, FL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 32571 in Pace, FL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in SANTA ROSA COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Pace, FL real estate investing. Uncover the wealth of information available, and position yourself for success in the Pace property market.

• Location Overview

  • Zip Code: 32571
  • City: Pace
  • State: FL
  • Metro Area: Pensacola-Ferry Pass-Brent, FL
  • County Name: SANTA ROSA COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $322,832
  • Average Home Price (Single Family Homes): $323,158
  • Average Monthly Rental Price (All Types): $1,961
  • Price-to-Rent Ratio: 14
  • Zillow Projected % appreciation from 4/2023-4/2024: 2.7%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,150
  • Average 3 Bedroom Section 8 Rental Rates: $1,600
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 23.39
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 16.81
  • Number of Units Offered in Section 8 in the County: 88
  • Number of Occupied Units in Section 8 in the County: 87
  • Percentage of Section 8 Units Occupied in the County: 98.69999695%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 243.42
  • Total % Appreciation since 2000 (Government Data): 152.95
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.56%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.48%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 41.41%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 60.4%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 135.82%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 100.47%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 186.76%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -0.97%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 4.75%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%