Market Overview
Home Prices in Gulf Breeze, FL
The median home value in Gulf Breeze, FL is $480,617 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.7% compared to a year ago and down 2.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gulf Breeze are priced17% above average. Gulf Breeze is part of the Pensacola-Ferry Pass-Brent, FL metro area.
Over the past five years, Gulf Breeze home values have risen by approximately19.6%, reflecting steady appreciation in this market.
Price History
Gulf Breeze Home Price Trend
City Comparison
Gulf Breeze vs. National Median
At $480,617, homes in Gulf Breeze cost 17% above the national median of $410,000. Buyers in Gulf Breeze should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Gulf Breeze?
20% Down Payment
$96,123
on $480,617
Monthly P&I
$2,507/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,184/mo
incl. taxes & insurance
Income Needed
$127,360
gross annual (30% rule)
10% Down Option
$48,062
+ PMI applies
Loan Amount (20% dn)
$384,494
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Gulf Breeze, FL?
The median home value in Gulf Breeze is $480,617 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.7% year-over-year.
How much have home prices changed in Gulf Breeze?
Over the past year, home values in Gulf Breeze have decreased by 0.7%. Over five years, prices have risen approximately 19.6%.
How much do I need to earn to buy a home in Gulf Breeze?
To comfortably afford the median home price of $480,617 with a 20% down payment ($96,123) at today's rates (6.8%), you'd need a gross annual income of approximately $127,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Gulf Breeze compare to the national average home price?
The national median home value is approximately $410,000. At $480,617, homes in Gulf Breeze are 17% above the national average.
What metro area is Gulf Breeze part of?
Gulf Breeze is part of the Pensacola-Ferry Pass-Brent, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.