The Pensacola housing market is not very competitive. The median sale price of a home in Pensacola was $328K last month, up 2.6% since last year. The median sale price per square foot in Pensacola is $205, up 7.3% since last year.
What is the housing market like in Pensacola today?
In April 2024, Pensacola home prices were up 2.6% compared to last year, selling for a median price of $328K. On average, homes in Pensacola sell after 62 days on the market compared to 54 days last year. There were 119 homes sold in April this year, down from 120 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$328,000
+2.6% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Pensacola, FL
$328,000
+2.6%
United States
To compare other locations to the Pensacola and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Pensacola's median sale price is 23% lower than the national average. Overall cost of living in Pensacola is 13% lower than the national average. Learn which home features in Pensacola add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Pensacola housing market?
Pensacola is not very competitive. Homes sell in 64 days.
0
100
27
Not Very Competitive
Redfin Compete Score™
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 3% below list price and go pending in around 64 days.
Hot homes
can sell for around list price and go pending in around 34 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Pensacola
Explore recent offers and recently sold homes in Pensacola
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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.
Risk Factor
Flood Factor - Major
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Pensacola has a major risk of flooding. 4,088 properties in Pensacola are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Pensacola. Flood risk is increasing slower than the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
Pensacola has a moderate risk of wildfire. There are 1,481 properties in Pensacola that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in Pensacola.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Pensacola has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Pensacola is most at risk from hurricanes. 26,687 properties in Pensacola have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 198 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 207 mph.