Santa Rosa Beach · Neighborhood Market Report
Grove By The Sea Market Analytics
Every number a buyer, seller, or investor needs on one neighborhood: live inventory and closed-sale history - refreshed monthly from MLS data.
Inventory updated daily · Sale statistics updated November 5, 2026 · Next statistics update early December 2026
How Grove By The Sea is trading
4 homes closed in Grove By The Sea in the trailing 12 months at a median of $1,137,500, with a 96.1% median list-to-sale ratio. On the active side, 1 of 2 listings sits below original list price, and standing inventory works out to 6.0 months of supply at the current sales pace.
On the 2026 roll, 20 of the 96 Grove By The Sea houses carry an effective year later than the year built, the latest 2021. Still, 79 of the 96 were built 1996 through 2002, so a shared build year alone is not a match; check living area too, which the roll puts between 1,195 and 4,137 square feet. Land needs the plat beside the roll: 65 of the 103 lot parcels hold between 6,000 and 8,000 square feet, while the four largest, roughly 20,000 to 60,000 square feet, are First Addition lots 12, 28 and 29 and lot 27, replatted in 2011 as the Third Addition. The First Addition plat draws a 50-foot wetland buffer; the Third Addition draws a 25-foot one on lot 27. Read where those lines fall before weighing a large lot against a small one. The eight lots and Parcel A the roll codes vacant belong in a land comparison, apart from the houses.
Year-over-year figures compare the 12 complete calendar months from November 2025 through October 2026 with the 12 before them. That window can differ from the trailing totals above, which run day-precise through November 5, 2026 rather than by whole calendar months.
| Period | Value |
|---|---|
| 2022 | Sample too small |
| 2023 | Sample too small |
| 2024 | Sample too small |
| 2025 | $1.25M |
| 2026 YTD | $1.14M |
| Period | Value |
|---|---|
| 2022 | Sample too small |
| 2023 | Sample too small |
| 2024 | Sample too small |
| 2025 | $605 |
| 2026 YTD | $767 |
| Period | Value |
|---|---|
| Nov 24 | 0 |
| Dec 24 | 0 |
| Jan 25 | 2 |
| Feb 25 | 0 |
| Mar 25 | 0 |
| Apr 25 | 0 |
| May 25 | 0 |
| Jun 25 | 0 |
| Jul 25 | 1 |
| Aug 25 | 1 |
| Sep 25 | 0 |
| Oct 25 | 0 |
| Nov 25 | 0 |
| Dec 25 | 0 |
| Jan 26 | 1 |
| Feb 26 | 0 |
| Mar 26 | 0 |
| Apr 26 | 0 |
| May 26 | 0 |
| Jun 26 | 2 |
| Jul 26 | 0 |
| Aug 26 | 0 |
| Sep 26 | 1 |
| Oct 26 | 0 |
The monthly charts cover the 24 complete calendar months from November 2024 through October 2026, and a month with no closings is a zero bar rather than a gap. Their last 12 months are the window the year-over-year figures compare.
Based on information from ECAR for the period November 6, 2021 through November 5, 2026.
From the active file
2 homes are on the market in Grove By The Sea today:
$1,450,000
190 Cullman Avenue
Santa Rosa Beach, FL 32459
$1,499,000
298 Cullman Avenue
Santa Rosa Beach, FL 32459
The short-term rental badge above is not a permission of record. It reflects the MLS short-term-rental field where a listing discloses one, and otherwise where the home sits. Confirm the association's current rules and the local registration requirement before relying on it.
The investor file
| Typical acquisition (median, 12 mo) | $1,137,500 |
|---|---|
| Middle-half range (25th-75th pct, 8 sales / 24 mo) | $1,118,750 - $1,426,250 |
| Median price, 2025 to 2026 | -9.0% ($1,250,000 to $1,137,500) |
| Average sale price (12 mo) | $1,288,750 |
| Sales volume, trailing 12 months | $5,155,000 |
| Sale price range, trailing 12 months | $1,060,000 - $1,820,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 3 BR | 0 | 3 | $1,125,000 |
| 4 BR | 2 | 0 | Sample too small |
| 5 BR | 0 | 1 | Sample too small |
Based on information from ECAR for the period November 6, 2021 through November 5, 2026.
Reading this file
Where do these numbers come from?
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty and were last refreshed on November 5, 2026. Based on information from ECAR for the period November 6, 2021 through November 5, 2026.
Why is there no list of individual sold homes?
4 homes closed in Grove By The Sea in the trailing 12 months, from $1,060,000 to $1,820,000. MLS rules do not allow individual sold listings to be displayed publicly, so this page shows area-level statistics only - ask us for the street-by-street sold review and we'll walk you through it.
How are thin samples handled?
Any figure computed from fewer than three sales is withheld rather than published - a one-sale "median" is just that sale's price. Counts always show; prices earn their way onto the page.
Thinking about buying or selling in Grove By The Sea?
We track this neighborhood's sales, inventory, and rules every month - get the full picture before you commit.
- MLS market data (ECAR) - updated November 4, 2026
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty.
Market statistics on this page are provided for informational purposes only. Information is deemed reliable but not guaranteed, and figures are not a guarantee of future market performance. These figures are not tax, legal, or investment advice; consult the appropriate licensed professional before making a financial decision. Data as of November 5, 2026.
Sources
- Walton County Zoning Board of Adjustment agenda packet, March 27, 2025: Grove By The Sea variance staff report, county reviews and recorded plats (accessed September 24, 2026)
- Walton County Zoning Board of Adjustment regular meeting minutes, March 27, 2025 (accessed September 24, 2026)
- Walton County Direct Component (RESTORE Act) Approved Funding List, BCC approved January 26, 2016 (accessed September 24, 2026)
- Northwest Florida Water Management District permit GEN-131-18017-1 to Walton County Public Works, July 19, 2017 (accessed September 24, 2026)
- Florida statewide cadastral parcel layer, 2026 tax roll: Grove By The Sea parcels (accessed September 24, 2026)
- FEMA National Flood Hazard Layer, Flood Hazard Zones layer 28 (accessed October 4, 2026)