Call or Text (240) SELL-123

PENSACOLA, FL 32502

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The PENSACOLA, FL real estate market (32502) currently shows 90 active listings, with 37 pending sales. Homes are averaging 121 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 121 days on market compared to 92 days last year.

The median listing price has risen 67.9% year-over-year, from $371,225 to $623,250.

Whether you are buying or selling in PENSACOLA, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PENSACOLA, FL 32502 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 3,887  ·  Density: 559.8/mi²  ·  Median household income: $65,713

Typical home value: $231,387  ·  Homeownership: 52.0%

Market Overview

Active Listings
90
⇧ 13.9% vs 79 last year
Pending
37
41% pending ratio
Median Price
$623,250
⇧ 67.9% vs $371,225 last year
Average Price
$868,447
⇧ 45.3% vs $597,878 last year
Days on Market
121
⇧ 31.5% vs 92 days last year

Price Per Square Foot

Median $/sqft
$399
⇧ 33% vs $300/sqft last year
Median Home Size
1,563 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 90 this year vs 79 last year
  • Days on market: 121 now vs 92 last year

Median & Average Pricing

Year over Year
  • Median: $623,250 (+67.9% YoY)
  • Average: $868,447 (+45.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.8 miles — 1,925 listings ($941,195,659 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32502Pensacola, FL 325020.0 mi85$78,185,295$535,000$919,827
32503Pensacola, FL 325033.6 mi189$84,116,907$349,900$445,063
32504Pensacola, FL 325045.6 mi118$32,635,968$260,000$276,576
32514Pensacola, FL 325148.5 mi152$45,467,760$254,500$299,130
32534Pensacola, FL 325349.2 mi101$26,281,109$247,400$260,209
32526Pensacola, FL 3252610.3 mi235$83,547,435$320,000$355,521
36549Lillian, AL 3654913.3 mi57$23,220,147$329,900$407,371
36574Seminole, AL 3657416.9 mi5$3,203,900$630,000$640,780
36530Elberta, AL 3653019.6 mi61$46,924,250$454,000$769,250
32566Navarre, FL 3256620.4 mi408$300,915,912$499,999$737,539
32577Molino, FL 3257724.1 mi32$19,843,936$459,000$620,123
36580Summerdale, AL 3658028.8 mi52$35,125,740$399,000$675,495
36535Foley, AL 3653529.8 mi430$161,727,300$337,654$376,110

Frequently Asked Questions

How many homes are for sale in PENSACOLA, FL 32502?

As of February 2026, there are 90 active listings in PENSACOLA, FL (zip code 32502), compared to 79 the prior year.

What is the median home price in PENSACOLA, FL 32502?

The median listing price in PENSACOLA, FL 32502 is $623,250 as of February 2026, a 67.9% increase from $371,225 the prior year.

How long do homes stay on the market in PENSACOLA, FL?

Homes in PENSACOLA, FL 32502 spend an average of 121 days on the market before going under contract, compared to 92 days the prior year.

Is it a seller's or buyer's market in PENSACOLA, FL 32502?

Based on current inventory and days-on-market data as of February 2026, PENSACOLA, FL 32502 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 121 days on market compared to 92 days last year.

How much can I save on real estate commission in PENSACOLA, FL?

With SELL123.com's maximum 3% commission, sellers in PENSACOLA, FL 32502 save an estimated $12,465 compared to a typical 5% commission on the median listing price of $623,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.