Forgotten Coast Real Estate Market Report

March 2 – March 8, 2026

Some weeks along the Forgotten Coast feel busy. Boats returning to the marina, porch lights glowing a little later in the evening, visitors lingering just a bit longer after sunset.

Other weeks move quietly… like the tide slipping in while nobody is looking.

This past week felt a little like that.

The market is still active, but it's moving with a deliberate pace as we ease toward spring along the coast.

Across the Forgotten Coast there are currently 568 residential properties on the market, and five homes closed during the week of March 2 through March 8.

Sale prices ranged from roughly $270,000 up to $2.4 million, with an overall average around $725,000.

Homes are still changing hands. Buyers are still looking. But people are paying attention to value right now.

And depending on where you are along the coast, the story shifts a bit.

Forgotten Coast Market Snapshot

Active Listings by Area

St Joe Beach and Mexico Beach continue to carry the largest share of available homes. Port St Joe remains the tightest inventory pocket among the four areas.

Average Sale Prices This Week

The standout sale this week came from the Mexico Beach area, where a high-end property pushed the average price significantly higher.

Locals know the drill… beach markets can swing when a premium property closes.

Homes Sold This Week

Mexico Beach and St Joe Beach accounted for the majority of activity this week, while the other markets paused briefly.

That kind of week-to-week variation is common along the Forgotten Coast.

Port St Joe

Port St Joe recorded one home sale this week, closing at about $315,000.

There are currently 100 homes available.

Port St Joe has always had a steady rhythm to it. A working marina, walkable downtown streets, and neighborhoods where people actually live year-round.

Buyers looking for a full-time coastal lifestyle tend to circle here first.

And when the right home shows up at the right price, it usually finds its buyer.

Cape San Blas and the South Gulf

Cape San Blas had no closed residential sales this week, though 121 homes remain on the market.

That doesn’t necessarily signal weakness. Beach markets often move in clusters. A few weeks can pass quietly, and then several properties close at once as vacation buyers finalize purchases.

Anyone who spends time on the peninsula understands the appeal.

Wide beaches. Clear Gulf water. A pace of life that slows down the moment you cross the bridge.

When buyers decide Cape San Blas is the right place… they rarely change their minds.

St Joe Beach and Mexico Beach

This stretch of coastline accounted for four of the five residential sales this week, including the highest-priced transaction of the period.

There are currently 230 homes available, the largest inventory pool along the Forgotten Coast.

With that many choices, buyers have the opportunity to compare properties carefully. Homes that are priced correctly and presented well tend to rise to the top quickly.

And occasionally a premium beachfront property closes… which is exactly what happened this week.

St George Island

St George Island saw no residential closings during this particular week, though 117 homes remain available.

Island markets often move at their own pace.

Buyers spend time watching listings, studying rental numbers, and waiting for the right view or stretch of sand.

Then suddenly a property fits their vision, and the deal comes together quickly.

Patience is part of the rhythm out there.

The Land Market

The land market continues to tell an important part of the Forgotten Coast story.

There are currently 359 vacant lots available, and six parcels sold during the past week.

Sale prices ranged from about $92,500 to $545,000, with an overall average near $217,000.

Cape San Blas saw several land transactions averaging around $169,000, while Mexico Beach recorded higher-value lot sales averaging $322,500.

Building along the coast is still very much on buyers’ minds.

After all, sometimes the best way to get exactly what you want is to start with a piece of sand and build upward.

Market Pace

Residential Market

Active Listings
568

Homes Sold This Week
5

At the current pace, the Forgotten Coast is tracking toward roughly 20 to 22 home sales per month.

That places the market somewhere around a year or more of supply, which means buyers have room to explore while sellers who price correctly still find success.

Balanced markets often look like this.

Not frantic. Not frozen.

Just steady.

Thoughts on the real estate market

If you have been watching the Forgotten Coast market and wondering whether anything is actually happening out there, the answer is yes.

Homes are selling.
Land is changing hands.
And new buyers continue discovering this stretch of Florida shoreline.

It happens all the time.

Someone visits for a weekend… walks the beach at sunset… wanders through Port St Joe for dinner… and starts imagining what life would look like with a place of their own.

Once that thought takes hold, the search usually begins.

And opportunities along the Forgotten Coast have a way of getting noticed quickly.

Tags

• real estate (295)
• buyers (167)
• Sellers (60)
• Trends (14)
• Mexico Beach (1)
• Port St Joe (1)
• Cape San Blas (1)
• st george island (1)