Pensacola - FL housing market
The Pensacola metro has a typical home value of $312,296, up 1.0% from a year ago. Homes sell in 31 days on average, a balanced market. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($312,296) is the Zillow Home Value Index for the Pensacola - FL metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 1.0% over the past year. In Pensacola - FL, that means a home worth $309,204 last year is now worth roughly $312,296.
The median sale price , what homes actually close for , is $314,622. Homes are selling at 97.3% of list price, meaning buyers have room to negotiate.
Homes listed in Pensacola - FL sit on the market for roughly 31 days before going pending. Shorter = seller's market; longer = buyer's market.
About 27.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 900 new listings hit the market each month in Pensacola - FL. There are currently 3,370 homes for sale, down 11.0% from a year ago.
The typical monthly rent in Pensacola - FL is $1,745, up 2.7% year over year. For investors, the price-to-rent ratio here is roughly 15x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
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Other metros in FL
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Miami - FL | $476,598 | -2.2% | 52.0d |
| Tampa - FL | $361,156 | -2.9% | 34.0d |
| Orlando - FL | $387,301 | -2.8% | 33.0d |
| Jacksonville - FL | $353,742 | -1.3% | 42.0d |
| North Port - FL | $404,078 | -5.4% | 52.0d |
| Cape Coral - FL | $338,436 | -6.4% | 68.0d |