Call or Text (240) SELL-123

PENSACOLA, FL 32504

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The PENSACOLA, FL real estate market (32504) currently shows 137 active listings, with 36 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are selling faster, averaging 68 days on market compared to 73 days last year.

The median listing price has fallen 9.4% year-over-year, from $286,575 to $259,500.

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 32504 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 21,710  ·  Density: 799.1/mi²  ·  Median household income: $69,017

Typical home value: $229,421  ·  Homeownership: 60.7%

Market Overview

Active Listings
137
⇧ 10.5% vs 124 last year
Pending
36
26% pending ratio
Median Price
$259,500
⇩ 9.4% vs $286,575 last year
Average Price
$306,846
⇩ 10% vs $341,019 last year
Days on Market
68
⇩ 6.8% vs 73 days last year

Price Per Square Foot

Median $/sqft
$175
⇩ 8.9% vs $192/sqft last year
Median Home Size
1,431 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 137 this year vs 124 last year
  • Days on market: 68 now vs 73 last year

Median & Average Pricing

Year over Year
  • Median: $259,500 (-9.4% YoY)
  • Average: $306,846 (-10% 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 28.3 miles — 2,481 listings ($1,318,701,532 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32504Pensacola, FL 325040.0 mi118$32,635,968$260,000$276,576
32514Pensacola, FL 325143.8 mi152$45,467,760$254,500$299,130
32505Pensacola, FL 325054.6 mi115$24,681,990$180,000$214,626
32534Pensacola, FL 325346.4 mi101$26,281,109$247,400$260,209
32526Pensacola, FL 3252610.4 mi235$83,547,435$320,000$355,521
32533Cantonment, FL 3253311.9 mi295$108,125,465$339,450$366,527
32571Milton, FL 3257112.9 mi266$104,779,794$354,295$393,909
32583Milton, FL 3258315.1 mi312$119,388,360$327,231$382,655
36574Seminole, AL 3657417.5 mi5$3,203,900$630,000$640,780
32577Molino, FL 3257720.4 mi32$19,843,936$459,000$620,123
36567Robertsdale, AL 3656723.6 mi81$32,099,247$297,206$396,287
36561Orange Beach, AL 3656126.5 mi734$701,797,218$749,000$956,127
32565Jay, FL 3256528.3 mi35$16,849,350$325,000$481,410

Frequently Asked Questions

How many homes are for sale in PENSACOLA, FL 32504?

As of February 2026, there are 137 active listings in PENSACOLA, FL (zip code 32504), compared to 124 the prior year.

What is the median home price in PENSACOLA, FL 32504?

The median listing price in PENSACOLA, FL 32504 is $259,500 as of February 2026, a 9.4% decrease from $286,575 the prior year.

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

Homes in PENSACOLA, FL 32504 spend an average of 68 days on the market before going under contract, compared to 73 days the prior year.

Is it a seller's or buyer's market in PENSACOLA, FL 32504?

Based on current inventory and days-on-market data as of February 2026, PENSACOLA, FL 32504 is currently a Balanced Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are selling faster, averaging 68 days on market compared to 73 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 32504 save an estimated $5,190 compared to a typical 5% commission on the median listing price of $259,500. 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.