Mexico Beach, FL housing market
The typical Mexico Beach home is worth about $497,000, down 2.2% in a year, 32% above the Florida typical home. Homes typically sell in 192 days, below asking.
Home values, sales, trends and how Mexico Beach compares with the towns next door — updated as new data is published.
Mexico Beach at a glance
A buyer's market
More homes are for sale than are selling — about 10 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Mexico Beach | Florida |
|---|---|---|
| 2017 | $251,000 | $209,000 |
| 2018 | $272,000 | $226,000 |
| 2019 | $299,000 | $242,000 |
| 2020 | $273,000 | $253,000 |
| 2021 | $311,000 | $276,000 |
| 2022 | $420,000 | $340,000 |
| 2023 | $497,000 | $392,000 |
| 2024 | $533,000 | $402,000 |
| 2025 | $521,000 | $397,000 |
| 2026 | $501,000 | $377,000 |
| August 2026 | $497,000 | $376,000 |
87 new homes permitted in 2025
Builders were permitted 87 new homes in Mexico Beach in 2025, all single-family houses, worth about $27.9 million to build. That's 79 per 1,000 residents, faster than across Florida (8.3). Over the past 10 years, Mexico Beach has permitted 642 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Mexico Beach's population fell by 156 even though 286 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. 35% of Mexico Beach's homes are seasonal or vacation homes, which adds housing without adding residents. Across Florida: 2.8 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 29 | 29 | 0 | $18 million |
| 2025 | 87 | 87 | 0 | $27.9 million |
| 2024 | 71 | 71 | 0 | $21.7 million |
| 2023 | 68 | 68 | 0 | $20.8 million |
| 2022 | 72 | 72 | 0 | $22 million |
| 2021 | 83 | 83 | 0 | $25.3 million |
| 2020 | 72 | 72 | 0 | $22 million |
| 2019 | 57 | 57 | 0 | $17.4 million |
| 2018 | 56 | 56 | 0 | $17.1 million |
| 2017 | 49 | 49 | 0 | $15 million |
| 2016 | 27 | 27 | 0 | $7.3 million |
| 2015 | 32 | 30 | 2 | $10.2 million |
| 2014 | 18 | 18 | 0 | $3.5 million |
| 2013 | 9 | 9 | 0 | $1.6 million |
| 2012 | 24 | 6 | 18 | $2.6 million |
| 2011 | 6 | 6 | 0 | $1.1 million |
| 2010 | 8 | 8 | 0 | $1.4 million |
| 2009 | 2 | 2 | 0 | $425,000 |
| 2008 | 9 | 9 | 0 | $2 million |
| 2007 | 16 | 14 | 2 | $3 million |
| 2006 | 7 | 7 | 0 | $1.5 million |
| 2005 | 189 | 19 | 170 | $31.2 million |
| 2004 | 238 | 10 | 228 | $53.4 million |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
7.8 years of income
The typical Mexico Beach home costs about 7.8 years of the town's median household income, more than across Florida (5 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,000
HUD's Fair Market Rent for a two-bedroom in Mexico Beach is $2,000 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Mexico Beach pay a median of $1,951. A two-bedroom takes about 38% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,620 · 4 bedrooms $2,970
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (32410, 32456; Panama City, FL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.