Callaway, FL Housing Market

$262,660

2.0% 1-yr

The average Callaway, FL home value is $262,660, down 2.0% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Callaway Key Takeaways

Typical Home Values: $262,660

1-year Value Change: -2.0%

(Data through October 31, 2025)

Callaway Housing Market Overview

--1-year Market Forecast

124For sale inventory(October 31, 2025)

25New listings(October 31, 2025)

--Median sale to list ratio

--Median sale price(September 30, 2025)

$306,224Median list price(October 31, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Callaway

NameMedian ZHVI
Hiland Park$216,291
Cedar Grove$316,555
Pretty Bayou$351,631
Upper Grand Lagoon$369,719
Lower Grand Lagoon$410,506
Rosemary Beach$2,585,322
Alys Beach$5,187,501
WaterSound Beach$3,143,556
Fort Braden--

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Callaway Homes for Sale

1128 S Gay Ave LOT 27

View Callaway listings

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Callaway Rental Market Trends

$1,736Average rent in Callaway(October 31, 2025)

$1,949National average rent(October 31, 2025)

-1.1%Month-over-month change(October 31, 2025)

1.1%Year-over-year change(October 31, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.