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Housing in Pace

498 homes sold in Pace in the last year, at a typical $332K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Pace homes are listed.

Homes sold
498
June 2025 to May 2026
Typical sale price
$332K
median, weighted by sales
Price per square foot
$178
Florida $250
Paid vs. asking
98.4%
14% sold over asking
For sale now
141
May 2026 · 42 sold that month
What sold · last 12 months

Houses are 100% of Pace’s sales, at a typical $332K

498 homes sold in the year to May 2026.

Houses$332K

typical sale · 498 sold in 12 months

Per square foot
$178FL $245
Days to sell
69
Sold over asking
14%
Listings with a price cut
33%
14 years of sales

About as many homes sell as usual, at 1.8 times the 2016 price

498 sales in the last year, against 689 in 2020 and a low of 292 in 2012. The typical sale went from $187K in 2016 to $332K.

Homes soldTypical sale price
0175350525700$175K$250K$325K$400K2012: 292 sold, typical $161K’122013: 351 sold, typical $170K2014: 351 sold, typical $173K’142015: 407 sold, typical $185K2016: 531 sold, typical $187K’162017: 575 sold, typical $203K2018: 573 sold, typical $212K’182019: 568 sold, typical $225K2020: 689 sold, typical $246K’202021: 672 sold, typical $294K2022: 570 sold, typical $333K’222023: 443 sold, typical $334K2024: 487 sold, typical $336K’242025: 524 sold, typical $333KLast 12 months: 498 sold, typical $332KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Pace

Houseat $178 a sq ft
The same money in Floridaat $245 a sq ft

Is this asking price fair?

Check a listing against what Pace homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Pace are rarer than before the pandemic, but a third fewer homes come up for sale

We read every month of Pace’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 498 sales.

If you’re buying in Pace

  • Shop in March. It brings about 58 new listings a month, close to the busiest month, with fewer bidding wars (22% over asking).
  • Bid near asking. Buyers paid 98.4% of the list price on average; 14% paid over.
  • You’ll usually have time. Only 24% of homes go under contract within two weeks; the typical one takes 69 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 63 a month), but April is the most competitive: 26% of April sales close over asking. March and April offer nearly as much choice with fewer homes bid up (22%). October has the least competition (19%).

New listings a monthShare sold over asking
016.332.548.86513%27%40%Sweet spotJan: 42 new listings a month, 24% sold over asking, 107 days to sellJFeb: 48 new listings a month, 19% sold over asking, 101 days to sellFMar: 58 new listings a month, 22% sold over asking, 89 days to sellMApr: 53 new listings a month, 26% sold over asking, 77 days to sellAMay: 63 new listings a month, 24% sold over asking, 81 days to sellMJun: 57 new listings a month, 23% sold over asking, 79 days to sellJJul: 55 new listings a month, 26% sold over asking, 71 days to sellJAug: 55 new listings a month, 24% sold over asking, 70 days to sellASep: 42 new listings a month, 21% sold over asking, 89 days to sellSOct: 45 new listings a month, 19% sold over asking, 87 days to sellONov: 35 new listings a month, 20% sold over asking, 82 days to sellNDec: 37 new listings a month, 21% sold over asking, 94 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Florida as a whole

Pace now2017–192021 peakFL now
Sold over askingShare of sales that closed above the list price14%20%43%10%
Gone within two weeksShare of homes under contract within 14 days24%1%54%20%
Listings with a price cutShare of homes for sale that cut their price33%—11%28%
Price paid vs. askingAverage sale price ÷ list price98.4%98.7%100.7%96.3%
Days to sellMedian days from listing to contract69975076
Supply

134 homes for sale on a typical day

That’s 1.4 times the 2021 low (97), 30% fewer than in 2017–19 and well under 2017’s 227.

2012: 168 for sale’122013: 182 for sale2014: 206 for sale2015: 182 for sale’152016: 219 for sale2017: 227 for sale2018: 174 for sale’182019: 176 for sale2020: 203 for sale2021: 97 for sale’212022: 117 for sale2023: 113 for sale2024: 168 for sale’242025: 148 for saleLast 12 months: 134 for saleNow
Room to negotiate

1 in 3 listings has cut its price

33% in the last year, against — in 2017–19 and 28% across Florida.

2021: 11%’212022: 25%2023: 25%2024: 25%’242025: 34%Last 12 months: 33%Now
Across Florida

Pace ranks 131st of 534 busy Florida markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Pace is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Pace home costs about $1,896 a month

Mortgage
Property tax
Insurance
Rent

Price: Pace’s typical sale, last 12 months. Property tax at Pace’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Pace is affordable on local pay is on Cost of living.

Before you buy in Pace

Six things worth knowing

63

New listings in May

The month with the most choice. November has the fewest, about 35.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $332K home, about $1,970 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Pace, from test results, graduation and how much students grow.

Schools in Pace
29 min

Typical commute

The average one-way trip to work for people who live in Pace.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Ferry Pass, Milton and Bagdad sell for less a square foot

The busier markets within 25 miles of Pace, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Pace498$332K$17814%69
Ferry Pass405$248K$16111%72
Bagdad180$274K$1736%78
Milton158$240K$15918%75
Wallace109$387K$1856%57
Pea Ridge99$307K$17710%76
Avalon41$292K$20520%113

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Pace, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Pace. People who follow the town see it, and so do people comparing Pace with their own town. No commission, no listing fee.

Questions about buying a home in Pace

What do homes sell for in Pace, FL?

498 homes sold in the year to May 2026 at a typical $332K, $178 a square foot.

Is Pace a buyer’s or seller’s market?

A seller’s market: 141 homes were for sale in May 2026 and 42 sold, about 3.4 months of supply. Buyers paid 98.4% of asking on average, and 33% of listings cut their price.

When is the best time to buy in Pace?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Pace?

About 0.6% of a home’s value a year. On a $332K home that’s near $1,970.

Where can I see homes for sale in Pace?

Zillow, Redfin, Realtor.com and Homes.com all carry Pace’s MLS listings; the search links above open each one filtered to Pace.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).