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PENSACOLA, FL 32504

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

Market Analysis

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

The PENSACOLA, FL real estate market (32504) currently shows 141 active listings, with 37 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has tightened compared to last year, with 36 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 63 days on market compared to 50 days last year.

The median listing price has fallen 10.6% year-over-year, from $278,700 to $249,163.

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

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

Market Overview

Active Listings
141
⇩ 20.3% vs 177 last year
Pending
37
26% pending ratio
Median Price
$249,163
⇩ 10.6% vs $278,700 last year
Average Price
$327,618
⇩ 6.8% vs $351,506 last year
Days on Market
63
⇧ 26% vs 50 days last year

Price Per Square Foot

Median $/sqft
$172
⇩ 2.8% vs $177/sqft last year
Median Home Size
1,491 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 141 this year vs 177 last year
  • Days on market: 63 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $249,163 (-10.6% YoY)
  • Average: $327,618 (-6.8% 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 — 2,635 listings ($1,417,764,310 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32504Pensacola, FL 325040.0 mi137$42,037,902$259,500$306,846
32514Pensacola, FL 325143.8 mi165$49,313,715$264,900$298,871
32505Pensacola, FL 325054.6 mi116$25,239,628$182,500$217,583
32534Pensacola, FL 325346.4 mi105$27,156,780$253,650$258,636
32526Pensacola, FL 3252610.4 mi252$90,158,292$318,475$357,771
32533Cantonment, FL 3253311.9 mi303$111,055,560$340,688$366,520
32571Milton, FL 3257112.9 mi313$124,104,500$351,745$396,500
32583Milton, FL 3258315.1 mi315$121,405,725$328,758$385,415
36574Seminole, AL 3657417.5 mi5$2,945,200$630,000$589,040
32577Molino, FL 3257720.4 mi34$21,313,784$468,500$626,876
36567Robertsdale, AL 3656723.6 mi80$30,896,080$295,000$386,201
36561Orange Beach, AL 3656126.5 mi772$754,660,108$749,999$977,539
32565Jay, FL 3256528.3 mi38$17,477,036$325,000$459,922

Frequently Asked Questions

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

As of July 2026, there are 141 active listings in PENSACOLA, FL (zip code 32504), compared to 177 the prior year.

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

The median listing price in PENSACOLA, FL 32504 is $249,163 as of July 2026, a 10.6% decrease from $278,700 the prior year.

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

Homes in PENSACOLA, FL 32504 spend an average of 63 days on the market before going under contract, compared to 50 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 July 2026, PENSACOLA, FL 32504 is currently a Balanced Market. Inventory has tightened compared to last year, with 36 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 63 days on market compared to 50 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 $4,983 compared to a typical 5% commission on the median listing price of $249,163. 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.