The Downtown Pensacola housing market is not very competitive. The median sale price of a home in Downtown Pensacola was $381K last month, down 31.4% since last year. The median sale price per square foot in Downtown Pensacola is $284, up 2.9% since last year.
What is the housing market like in Downtown Pensacola today?
In March 2024, Downtown Pensacola home prices were down 31.4% compared to last year, selling for a median price of $381K. On average, homes in Downtown Pensacola sell after 127 days on the market compared to 168 days last year. There were 18 homes sold in March this year, down from 39 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$380,500
-31.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Pensacola, FL
$380,500
-31.4%
United States
To compare other locations to the Downtown Pensacola and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Pensacola add value to a home.
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How hot is the Downtown Pensacola housing market?
Downtown Pensacola is not very competitive. Homes sell in 101 days.
0
100
16
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 6 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 101 days.
Hot homes
can sell for around list price and go pending in around 49 days.
Learn about schools in the Downtown Pensacola area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Downtown Pensacola housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Pensacola.
Risk Factor
Flood Factor - Severe
66% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Pensacola has a severe risk of flooding. 1,289 properties in Downtown Pensacola are likely to be
severely affected
by flooding over the next 30 years. This represents 66% of all properties in Downtown Pensacola. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Pensacola has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Pensacola is most at risk from hurricanes. 2,379 properties in Downtown 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 188 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 197 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Downtown Pensacola has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Pensacola have an Extreme Heat Factor®.
Downtown Pensacola is expected to see a 214% increase in the number of days over 105ºF over the next 30 years. Downtown Pensacola is expected to experience 6