While Sandestin remains more affordable, property values have appreciated steadily. Over the last five years, home prices in Miramar Beach have increased by 25.5%, a more moderate rise compared to Santa Rosa Beach, where prices have nearly doubled.
For example:
- In February 2020, the median listing price in Santa Rosa Beach was $765,000.
- By February 2025, the median listing price had skyrocketed to $1.3 million.
This price gap is largely due to the property type mix. In Sandestin, about 70% of properties are condominiums, while Santa Rosa Beach is dominated by single-family homes (75%).
However, even when comparing just single-family homes, Miramar Beach remains significantly more affordable. In February 2025, the median listing price for a single-family home in Miramar Beach was $1.25 million, compared to $1.6 million in Santa Rosa Beach.
Why Sandestin Is the Best Florida Market for Homebuyers in 2025
For those seeking affordable coastal luxury, Sandestin offers the best of both worlds. The area’s resort-style living, combined with its growing real estate market and lower price points, makes it an attractive destination for both primary residences and vacation homes. With steady property appreciation and continued demand, investing in Sandestin real estate in 2025 could be a smart financial move.
Whether you’re looking for a beachfront condo, a golf-course estate, or a vacation rental property, Sandestin is one of the best places to buy property in Florida over the next five years.