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North Hill

PENSACOLA, FL 32502

Real Estate Market Report  ·  Escambia County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The PENSACOLA, FL real estate market (32502) currently shows 89 active listings, with 31 pending sales. Homes are averaging 117 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 117 days on market compared to 81 days last year.

The median listing price has risen 37.3% year-over-year, from $387,500 to $532,000.

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

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

Market Overview

Active Listings
89
⇧ 12.7% vs 79 last year
Pending
31
35% pending ratio
Median Price
$532,000
⇧ 37.3% vs $387,500 last year
Average Price
$790,809
⇧ 38.2% vs $572,053 last year
Days on Market
117
⇧ 44.4% vs 81 days last year

Price Per Square Foot

Median $/sqft
$366
⇧ 22.4% vs $299/sqft last year
Median Home Size
1,555 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 89 this year vs 79 last year
  • Days on market: 117 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $532,000 (+37.3% YoY)
  • Average: $790,809 (+38.2% 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 — 2,052 listings ($1,006,272,245 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32502Pensacola, FL 325020.0 mi90$78,160,230$623,250$868,447
32503Pensacola, FL 325033.6 mi190$82,757,730$326,750$435,567
32504Pensacola, FL 325045.6 mi137$42,037,902$259,500$306,846
32514Pensacola, FL 325148.5 mi165$49,313,715$264,900$298,871
32534Pensacola, FL 325349.2 mi105$27,156,780$253,650$258,636
32526Pensacola, FL 3252610.3 mi252$90,158,292$318,475$357,771
36549Lillian, AL 3654913.3 mi64$29,264,128$331,200$457,252
36574Seminole, AL 3657416.9 mi5$2,945,200$630,000$589,040
36530Elberta, AL 3653019.6 mi70$53,401,600$449,450$762,880
32566Navarre, FL 3256620.4 mi425$312,859,500$499,225$736,140
32577Molino, FL 3257724.1 mi34$21,313,784$468,500$626,876
36580Summerdale, AL 3658028.8 mi66$45,780,504$361,450$693,644
36535Foley, AL 3653529.8 mi449$171,122,880$335,575$381,120

Frequently Asked Questions

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

As of March 2026, there are 89 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 $532,000 as of March 2026, a 37.3% increase from $387,500 the prior year.

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

Homes in PENSACOLA, FL 32502 spend an average of 117 days on the market before going under contract, compared to 81 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 March 2026, PENSACOLA, FL 32502 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 117 days on market compared to 81 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 $10,640 compared to a typical 5% commission on the median listing price of $532,000. 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.