Pensacola, FL Housing Market
The Pensacola housing market is not very competitive. The median sale price of a home in Pensacola was $300K last month, up 1.1% since last year. The median sale price per square foot in Pensacola is $200, up 3.1% since last year.
Pensacola Housing Market Trends
In March 2024, Pensacola home prices were up 1.1% compared to last year, selling for a median price of $300K. On average, homes in Pensacola sell after 79 days on the market compared to 57 days last year. There were 115 homes sold in March this year, down from 144 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Pensacola housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 4% below list price and go pending in around 67 days.
- Hot homescan sell for around list price and go pending in around 34 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 6% below list price and go pending in around 68 days.
- Hot homescan sell for around list price and go pending in around 32 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 52 days.
- Hot homescan sell for around list price and go pending in around 33 days.
Pensacola Migration & Relocation Trends
- Across the nation, 0.27% of homebuyers searched to move into Pensacola from outside metros.
- Atlanta homebuyers searched to move into Pensacola more than any other metro followed by Washington and Los Angeles.
- 59% of Pensacola homebuyers searched to stay within the Pensacola metropolitan area.
- San Francisco was the most popular destination among Pensacola homebuyers followed by Panama City and Montgomery.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 199 | ||
2 | 165 | ||
3 | 133 | ||
4 | 130 | ||
5 | 97 | ||
6 | 96 | ||
7 | 92 | ||
8 | 91 | ||
9 | 82 | ||
10 | 76 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 32 | ||
2 | 12 | ||
3 | 5 | ||
4 | 4 | ||
5 | 3 | ||
6 | 2 | ||
7 | 2 | ||
8 | 2 | ||
9 | 1 | ||
10 | 1 |
Home offer insights for Pensacola
Recent offers
View houses in Pensacola that sold recently
Recently sold homes
- $241,500 Last Sold Price2 beds1 bath1,701 sq ft4812 Tradewinds Dr, Pensacola, FL 32514List Price$260,000Sale to List7% under listDays on Market70 days4812 Tradewinds Dr, Pensacola, FL 32514
- $100,000 Last Sold Price2 beds2 baths1,050 sq ft7257 Lago Vista Ct, Pensacola, FL 32506List Price$105,000Sale to List5% under listDays on Market24 days7257 Lago Vista Ct, Pensacola, FL 32506
- $367,000 Last Sold Price3 beds2 baths2,085 sq ft6115 E Shore Dr, Pensacola, FL 32505List Price$350,000Sale to List5% over listDays on Market22 days6115 E Shore Dr, Pensacola, FL 32505
- $262,000 Last Sold Price3 beds2.5 baths2,194 sq ft3400 Wimbledon Dr #4, Pensacola, FL 32504List Price$277,000Sale to List5% under listDays on Market366 days3400 Wimbledon Dr #4, Pensacola, FL 32504
- $344,000 Last Sold Price3 beds2 baths1,775 sq ft5350 Flax Rd, Pensacola, FL 32504List Price$344,000Sale to List0% over listDays on Market69 days5350 Flax Rd, Pensacola, FL 32504
- $229,000 Last Sold Price3 beds2 baths1,224 sq ft4940 Tangen St, Pensacola, FL 32526List Price$235,000Sale to List3% under listDays on Market37 days4940 Tangen St, Pensacola, FL 32526
- $330,000 Last Sold Price3 beds2 baths1,920 sq ft5450 Groves Ct, Pensacola, FL 32504List Price$349,800Sale to List6% under listDays on Market205 days5450 Groves Ct, Pensacola, FL 32504
- $290,000 Last Sold Price3 beds2 baths2,282 sq ft353 Arabian Dr, Pensacola, FL 32506List Price$290,000Sale to List0% over listDays on Market85 days353 Arabian Dr, Pensacola, FL 32506
See all recently sold homes in Pensacola.
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Schools in Pensacola
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Cordova Park Elementary School Public • PreK-5 | 628 Students | 15 reviews |
8/10 N. B. Cook Elementary School Public • PreK-5 • Choice school | 578 Students | 10 reviews |
8/10 A. K. Suter Elementary School Public • PreK-5 | 568 Students | 3 reviews |
7/10 Escambia Virtual Academy Franchise Public • K-12 • Choice school | 148 Students | N/A |
5/10 Scenic Heights Elementary School Public • PreK-5 | 825 Students | 15 reviews |
Climate's impact on Pensacola housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Pensacola.
Flood Factor - Major
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Extreme
Wind Factor
Wind likelihood over time
Heat Factor - Extreme
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Transportation in Pensacola
Walk Score®
Bike Score®
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