Housing in Pelican Bay, FL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,700,000

Median List Price

$1,462,000

Price Per Sq Ft

$703

Days on Market

59

Active Inventory

199

Months of Supply

7.1

Buyer's market

Price Trends

Source: Redfin
Sale Price ↑ 23.9%List Price ↓ 26.9%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

23.3%

Sale-to-List Ratio

92.7%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
23.3%
Listings with Price Drops
24.6%

Market Activity

Source: Redfin

Homes Sold

28

New Listings

64

Pending Sales

43

Homes Sold ↓ 30.0%New Listings ↑ 12.3%Pending ↓ 2.3%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$703

Median List $/SF

$834

Sale $/SF ↓ 8.2%List $/SF ↓ 2.2%Mar 24 → Jan 26

Pelican Bay vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Pelican Bay is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$1,206,200

Median Rent

N/A

Total Housing Units

6,810

Vacancy Rate

44.9%

Owner Occupied

94.7%

Renter Occupied

5.3%

Median Property Tax

$8,700

per year

Monthly Cost (w/ Mortgage)

$2,543

Housing Types

Single Family
22.5%
Multi-Family
77.4%
Mobile Home
0.1%

The current median sale price in Pelican Bay, FL is $1,700,000 according to Redfin data. Homes spend a median of 59 days on the market. 0.0% of homes sold above asking price. The market has 7.1 months of supply. The median price per square foot is $703. About 94.7% of housing units are owner-occupied. The median year homes were built is 1993. There are 6,810 total housing units.