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PENSACOLA, FL 32507

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 (32507) currently shows 458 active listings, with 91 pending sales. Homes are averaging 101 days on the market before going under contract.

Inventory has tightened compared to last year, with 29 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 101 days on market compared to 95 days last year.

The median listing price has fallen 5.4% year-over-year, from $499,000 to $472,000.

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.

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Market Context

Market Context

Population: 32,766  ·  Density: 453.9/mi²  ·  Median household income: $64,269

Typical home value: $232,325  ·  Homeownership: 63.5%

Market Overview

Active Listings
458
⇩ 6% vs 487 last year
Pending
91
20% pending ratio
Median Price
$472,000
⇩ 5.4% vs $499,000 last year
Average Price
$632,193
⇩ 14% vs $734,799 last year
Days on Market
101
⇧ 6.3% vs 95 days last year

Price Per Square Foot

Median $/sqft
$281
⇩ 4.7% vs $295/sqft last year
Median Home Size
1,624 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 458 this year vs 487 last year
  • Days on market: 101 now vs 95 last year

Median & Average Pricing

Year over Year
  • Median: $472,000 (-5.4% YoY)
  • Average: $632,193 (-14% 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 26.5 miles — 2,027 listings ($1,340,851,160 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32507Pensacola, FL 325070.0 mi421$259,106,555$460,000$615,455
36549Lillian, AL 365496.7 mi57$23,220,147$329,900$407,371
32505Pensacola, FL 3250510.6 mi115$24,681,990$180,000$214,626
32501Pensacola, FL 3250111.0 mi86$51,539,972$360,000$599,302
36561Orange Beach, AL 3656112.1 mi734$701,797,218$749,000$956,127
36574Seminole, AL 3657413.6 mi5$3,203,900$630,000$640,780
32504Pensacola, FL 3250414.9 mi118$32,635,968$260,000$276,576
32514Pensacola, FL 3251416.1 mi152$45,467,760$254,500$299,130
32563Gulf Breeze, FL 3256320.8 mi232$138,906,056$474,500$598,733
36580Summerdale, AL 3658021.7 mi52$35,125,740$399,000$675,495
36511Bon Secour, AL 3651121.9 mi1$339,900$339,900$339,900
36555Magnolia Springs, AL 3655524.0 mi12$9,018,876$647,450$751,573
36576Silverhill, AL 3657626.5 mi42$15,807,078$325,000$376,359

Frequently Asked Questions

How many homes are for sale in PENSACOLA, FL 32507?

As of February 2026, there are 458 active listings in PENSACOLA, FL (zip code 32507), compared to 487 the prior year.

What is the median home price in PENSACOLA, FL 32507?

The median listing price in PENSACOLA, FL 32507 is $472,000 as of February 2026, a 5.4% decrease from $499,000 the prior year.

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

Homes in PENSACOLA, FL 32507 spend an average of 101 days on the market before going under contract, compared to 95 days the prior year.

Is it a seller's or buyer's market in PENSACOLA, FL 32507?

Based on current inventory and days-on-market data as of February 2026, PENSACOLA, FL 32507 is currently a Balanced Market. Inventory has tightened compared to last year, with 29 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 101 days on market compared to 95 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 32507 save an estimated $9,440 compared to a typical 5% commission on the median listing price of $472,000. 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.