Market Reports by Rob Brooks Realty
Destin, FL
Single-Family Homes
mail@robbrooks.com | (850) 776-6706 | RobBrooksRealty.com
Destin, FL
Wed Oct 28 2026
This week the median list price for Destin, FL is $1,190,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has decreased to 196.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
The market has been cooling in recent weeks. Since this is a Buyer's market where there is excess inventory to satisfy the demand levels, prices have also been moving lower.
Real-Time Market Profile
| Median List Price | $1,190,000 | |
| Median Price of New Listings | $1,199,500 | |
| Per Square Foot | $450 | |
| Average Days on Market | 210 | |
| Median Days on Market | 140 | |
| Price Decreased | 36% | |
| Price Increased | 3% | |
| Relisted | 7% | |
| Inventory | 196 | |
| Median Rent | ||
| Market Action | 29 | |
| Slight Buyer's Advantage | ||
Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. The Market Action Index is a good leading indicator for the durability of this trend.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,950,000 | 4,189 | 8,000 - 10,000 sqft | 5 | 6 | 13 | 1 | 4 | 245 |
| $1,749,999 | 2,976 | 6,500 - 8,000 sqft | 5 | 4 | 25 | 3 | 3 | 112 |
| $965,000 | 2,308 | 6,500 - 8,000 sqft | 3 | 3 | 27 | 3 | 2 | 133 |
| $545,000 | 1,816 | 6,500 - 8,000 sqft | 3 | 2.5 | 28 | 1 | 3 | 105 |