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BAKER, FL 32531

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

Market Overview

Active Listings
45
⇧ 12.5% vs 40 last year
Pending
16
36% pending ratio
Median Price
$392,200
⇩ 6% vs $417,450 last year
Average Price
$440,682
⇩ 15.6% vs $522,234 last year
Days on Market
106
vs 106 days last year

Market Context

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

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

Market Analysis

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

The BAKER, FL real estate market (32531) currently shows 45 active listings, with 16 pending sales. Homes are averaging 106 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

The median listing price has fallen 6% year-over-year, from $417,450 to $392,200.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 45 this year vs 40 last year
  • Days on market: 106 now vs 106 last year

Median & Average Pricing

Year over Year
  • Median: $392,200 (-6% YoY)
  • Average: $440,682 (-15.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 35.1 miles — 1,811 listings ($878,977,253 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32531Baker, FL 325310.0 mi45$19,830,690$392,200$440,682
36483Wing, AL 3648310.9 mi3$959,700$319,900$319,900
32539Crestview, FL 3253915.4 mi277$93,215,486$301,200$336,518
32570Milton, FL 3257017.9 mi176$61,198,192$328,716$347,717
36455Lockhart, AL 3645522.1 mi1$79,900$79,900$79,900
32583Milton, FL 3258325.7 mi312$119,388,360$327,231$382,655
32580Valparaiso, FL 3258028.6 mi26$10,471,942$369,900$402,767
32547Fort Walton Beach, FL 3254729.0 mi161$61,945,072$349,900$384,752
32578Niceville, FL 3257829.7 mi221$124,613,944$486,950$563,864
36421Andalusia, AL 3642132.5 mi50$20,216,700$375,000$404,334
32569Mary Esther, FL 3256933.1 mi125$64,769,875$329,900$518,159
32566Navarre, FL 3256633.7 mi408$300,915,912$499,999$737,539
36432Castleberry, AL 3643235.1 mi6$1,371,480$159,000$228,580

Frequently Asked Questions

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

As of January 2026, there are 45 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 $392,200 as of January 2026, a 6% decrease from $417,450 the prior year.

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

Homes in BAKER, FL 32531 spend an average of 106 days on the market before going under contract, compared to 106 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 January 2026, BAKER, FL 32531 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

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 $7,844 compared to a typical 5% commission on the median listing price of $392,200. 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.