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BAKER, FL 32531

Real Estate Market Report  ·  Okaloosa County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The BAKER, FL real estate market (32531) currently shows 42 active listings, with 16 pending sales. Homes are averaging 113 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 113 days on market compared to 147 days last year.

The median listing price has fallen 17.4% year-over-year, from $392,900 to $324,425.

Whether you are buying or selling in BAKER, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 7,235  ·  Density: 12.2/mi²  ·  Median household income: $79,258

Typical home value: $270,290  ·  Homeownership: 84.8%

Market Overview

Active Listings
42
⇧ 5% vs 40 last year
Pending
16
38% pending ratio
Median Price
$324,425
⇩ 17.4% vs $392,900 last year
Average Price
$382,005
⇩ 30.1% vs $546,624 last year
Days on Market
113
⇩ 23.1% vs 147 days last year

Price Per Square Foot

Median $/sqft
$199
⇩ 0.5% vs $200/sqft last year
Median Home Size
1,924 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 42 this year vs 40 last year
  • Days on market: 113 now vs 147 last year

Median & Average Pricing

Year over Year
  • Median: $324,425 (-17.4% YoY)
  • Average: $382,005 (-30.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 35.1 miles — 1,913 listings ($930,341,910 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32531Baker, FL 325310.0 mi44$17,981,172$362,200$408,663
36483Wing, AL 3648310.9 mi2$469,800$234,900$234,900
32539Crestview, FL 3253915.4 mi323$106,124,557$303,675$328,559
32570Milton, FL 3257017.9 mi191$66,356,456$332,591$347,416
36455Lockhart, AL 3645522.1 mi1$79,900$79,900$79,900
32583Milton, FL 3258325.7 mi315$121,405,725$328,758$385,415
32580Valparaiso, FL 3258028.6 mi29$12,642,695$369,900$435,955
32547Fort Walton Beach, FL 3254729.0 mi168$69,997,200$343,375$416,650
32578Niceville, FL 3257829.7 mi227$129,888,719$491,225$572,197
36421Andalusia, AL 3642132.5 mi51$20,013,012$385,000$392,412
32569Mary Esther, FL 3256933.1 mi132$71,594,424$331,000$542,382
32566Navarre, FL 3256633.7 mi425$312,859,500$499,225$736,140
36432Castleberry, AL 3643235.1 mi5$928,750$169,500$185,750

Frequently Asked Questions

How many homes are for sale in BAKER, FL 32531?

As of March 2026, there are 42 active listings in BAKER, FL (zip code 32531), compared to 40 the prior year.

What is the median home price in BAKER, FL 32531?

The median listing price in BAKER, FL 32531 is $324,425 as of March 2026, a 17.4% decrease from $392,900 the prior year.

How long do homes stay on the market in BAKER, FL?

Homes in BAKER, FL 32531 spend an average of 113 days on the market before going under contract, compared to 147 days the prior year.

Is it a seller's or buyer's market in BAKER, FL 32531?

Based on current inventory and days-on-market data as of March 2026, BAKER, FL 32531 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 113 days on market compared to 147 days last year.

How much can I save on real estate commission in BAKER, FL?

With SELL123.com's maximum 3% commission, sellers in BAKER, FL 32531 save an estimated $6,489 compared to a typical 5% commission on the median listing price of $324,425. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.