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Featured local agent — Pace, FL
Sarah Mitchell
Compass Real Estate · Pace, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Pace, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$328,500median sale price
How is the Pace, FL housing market right now?
The median home sale price in Pace, FL is $328,500, down 3.8% year-over-year. Homes sell in an average of 59 days with 141 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Pace a buyer's or seller's market?
Pace, FL is currently a balanced market, based on 3.4 months of supply and homes selling in about 59 days. How we determine this →
Homes sold
42
Last 12 weeks
Days on market
59
Average pace
Active listings
141
3.4 months supply
Sale-to-list
99.9%
Below asking
What does the Pace housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $328,500 |
| Median list price | $359,000 |
| Year-over-year price change | -3.8% |
| Average days on market | 59 days |
| Active inventory | 141 listings |
| Months of supply | 3.4 months |
| Sale-to-list price ratio | 99.9% |
| Median price per sq ft | $178/sq ft |
| Homes sold (latest month) | 42 |
| New listings (latest month) | 66 |
| Listings with a price cut | 22.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Pace by property type?
How the Pace, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $328,500 | $178/sq ft | 42 | 59 days |
Source: Redfin · Updated monthly
The Pace housing market is currently classified as a balanced market with a median sale price of $328,500. Prices have fallen 3.8% compared to last year, with homes spending an average of 59 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Pace
There are currently 141 homes listed for sale in Pace, Florida. The median listing price is $359K.
Active listings
141
Homes on market
Median list price
$359K
Avg. days on market
59
Days until sale
New this week
66
Newly listed
Who lives in Pace?
Population
25,630
Median income
$84,912/yr
Median age
37.3 years
Owner-occupied
85.4%
College grads
31.5%
Avg commute
29.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Pace?
Zillow home value
$326,667
Zillow rent index
$1,993/mo
Price-to-rent ratio
13.7x
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Pace?
Pace is a community of approximately 26K residents with a median age of 37.3 years.The median household income is $84,912, which reflects a relatively affluent area with strong earning potential. 31.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 85.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Pace offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Pace?
5 schools tracked · 5,225 students
The largest public schools serving Pace, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
PACE HIGH SCHOOL
Grades 9-12 · 2,284 students
THOMAS L SIMS MIDDLE SCHOOL
Grades 6-8 · 850 students
PEA RIDGE ELEMENTARY SCHOOL
Grades PK-5 · 822 students
S. S. DIXON INTERMEDIATE SCHOOL
Grades 3-5 · 640 students
S. S. DIXON PRIMARY SCHOOL
Grades PK-2 · 629 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Pace, FL?
Want a head-to-head view? Compare Pace side-by-side with any other U.S. city using our market-comparison tool.
Is Pace a good real estate investment market?
For investors evaluating Pace, the price-to-rent ratio of 13.7x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 3.8% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Pace's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Pace's median home price.
Frequently asked questions
What is the average home price in Pace?
The median home sale price in Pace is $328,500, down 3.8% from last year.
How long do homes stay on market in Pace?
Homes typically spend 59 days on market before going under contract.
What is the median income in Pace?
The median household income is $84,912 per year.
Is Pace a buyer's or seller's market?
With 3.4 months of supply, Pace is currently a balanced market.
What is the Zillow home value estimate for Pace?
The Zillow Home Value Index (ZHVI) for Pace is $326,667, representing the typical home value in the area.
How much does a single-family home cost in Pace?
The median single-family home price in Pace, FL is $328,500 (about $178 per square foot).
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