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30A West Real Estate Market Prices, Trends, and Forecast 2023


The 30A West area is known for its peaceful ambiance. Spanning 24 miles from Grayton Beach State Park to Topsail Hill State Park, it has various outdoor activities, including sandy beaches, surfing, and scenic views.

This region is home to quaint beach towns with local shops and restaurants, lively festivals, impressive art galleries, and top-notch golf courses. Additionally, it features forests with hiking and biking trails and fascinating coastal dune lakes.

The 30A West real estate market offers excellent opportunities for homeownership or profitable business investments. Let's explore this delightful community's real estate market in more detail.

30A West housing market forecast 2023

Home values increasing

While sale prices slipped slightly, home values in 30A West continue to either remain steady or increase. Only some homes are available to meet the demand, so prices will likely remain high.
 

Interest rates rise

Rates were 6.5% in May, but as of the beginning of July, they have increased to 6.81%. However, there is optimism that rates may decrease by the end of the year. If this happens, potential buyers and investors may consider taking advantage of the opportunity to purchase before rates go back up.
 

Investment opportunities look good

The 30A West community is known for its peaceful atmosphere, attracting permanent residents and renters. As of 2021, the median rent stood at $1,769, with three-bedroom properties being the most sought-after. Around 21% of homes in this area are occupied by renters, making it a promising prospect for landlords and those interested in providing short-term rentals.
 

Rising population

30A West covers several neighborhoods. In 2010, there were about 11,000 people in the zip code for the area, which rose to over 18,000 in 2021. Looking at the county numbers, there was an increase in residents by almost 11% just from 2020 to 2022. 

Walton County real estate market

According to recent data, the median price of a home in Walton County in May this year was $740,000, representing an 8.2% decrease compared to last year. Despite this decrease, the county is still experiencing growth, and properties are being sold. Walton County was responsible for more than half the $11 billion in sales last year.

Although prices have decreased, the demand for homes remains high, and inventory levels are lower than usual. This price decrease may be attributed to market stabilization.

30A West home values

The 30A West is the Santa Rosa Beach zip code, which includes Santa Rosa Beach - the area that houses multiple communities, such as Dune Allen, Gulf Place, Blue Mountain Beach, and Grayton Beach. Over the past year, 1,419 homes were sold in the 30A West region. In May, the median price for homes in the area experienced a decrease of 24%, settling at $837,500. However, the median home value was higher, reaching $1,023,508.
 
Related: Selling a Home in The Village at Grayton Beach

Should you invest in 30A West?

The real estate market in Florida has experienced a significant rise in housing prices over the past few years. However, now that the initial buying frenzy has subsided, prices are expected to decrease slightly, which is a typical market adjustment.

30A West is a unique group of beach towns that will continue attracting visitors, so the rental market should remain stable despite minor setbacks. If you want to purchase a rental property, ensure leasing is allowed in that neighborhood. While most areas in 30A West permit rentals, certain pockets of communities do not.

Top 30A West neighborhoods

Gulfview Heights

The charming Gulfview Heights community is home to a selection of residences conveniently situated within a half-mile radius of the gorgeous beaches of the Gulf of Mexico. The neighborhood offers a delightful blend of traditional and modern architectural styles and is characterized by stunning single-family homes ranging from one to three stories in height. Many homes have private swimming pools, and some residences provide breathtaking panoramic views of the ocean.

One of the standout features of Gulfview Heights is that it does not have a homeowners association, meaning prospective buyers do not have to worry about additional HOA fees. In addition to its prime location, the community is close to various shops, restaurants, and picturesque walking trails, making it a truly idyllic place to call home.
 

Sunrise Beach

Sunrise Beach is a picturesque gated community that offers a range of exquisite rental homes. Each home has been meticulously designed to provide guests with stunning views of the Gulf or direct access to the beachfront. With spacious interiors, private pools, sprawling balconies, and entertainment rooms, these homes offer unparalleled luxury and comfort for guests.

The community's prime location allows easy access to nearby shops and restaurants on foot or by bike. Additionally, the Topsail Hill Preserve State Park and Coastal Dune Lakes, both renowned for their natural beauty, are located just a short distance from Sunrise Beach.

Partner with Roni

Purchasing a property in today's dynamic market is easy with the help of a trustworthy partner. Roni Fulton stands out as an expert in the 30A West real estate market, known for her exceptional services and commitment to her clients. Her approach centers on building lasting relationships with her clients, prioritizing their unique requirements, and helping them find their dream home or investment property.

If you are looking for homes for sale in 30A West or want to explore the various neighborhoods in the area, Roni is always available to assist you. She is dedicated to helping you achieve your homeownership goals and making your experience seamless and stress-free. Contact Roni Fulton and get started on your journey today.



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