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Housing in Pensacola

969 homes sold in Pensacola in the last year, at a typical $350K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Pensacola homes are listed.

Homes sold
969
June 2025 to May 2026
Typical sale price
$350K
houses $363K · condos $233K
Price per square foot
$209
Florida $250
Paid vs. asking
96.2%
11% sold over asking
For sale now
437
May 2026 · 91 sold that month
What sold · last 12 months

8% of Pensacola’s sales are condos, at $130K less than a house

810 houses and 82 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$363K

typical sale · 810 sold in 12 months

Per square foot
$209FL $245
Days to sell
75
Sold over asking
12%
Listings with a price cut
28%
Condos$233K

typical sale · 82 sold in 12 months

Per square foot
$227FL $262
Days to sell
117
Sold over asking
4%
Listings with a price cut
15%
Fewer sales

Multi-family (2–4 units): 22 sold, typical $523K
Townhouses: 55 sold, typical $308K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

969 sales in the last year, against 1,364 in 2021 and a low of 677 in 2012. The typical sale went from $164K in 2016 to $350K.

Homes soldTypical sale price
035070010501400$175K$250K$325K$400K2012: 677 sold, typical $121K’122013: 861 sold, typical $129K2014: 863 sold, typical $134K’142015: 985 sold, typical $145K2016: 1072 sold, typical $164K’162017: 1088 sold, typical $182K2018: 1090 sold, typical $205K’182019: 1236 sold, typical $220K2020: 1239 sold, typical $260K’202021: 1364 sold, typical $279K2022: 1119 sold, typical $311K’222023: 1023 sold, typical $342K2024: 908 sold, typical $337K’242025: 943 sold, typical $342KLast 12 months: 969 sold, typical $350KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Pensacola

Houseat $209 a sq ft
Condoat $227 a sq ft
The same money in Floridaat $245 a sq ft

Is this asking price fair?

Check a listing against what Pensacola homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Pensacola are back to pre-pandemic levels, with about as many homes for sale

We read every month of Pensacola’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 969 sales.

If you’re buying in Pensacola

  • Shop in July. It brings about 118 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
  • Offer under asking. Buyers paid 96.2% of the list price on average; 11% paid over.
  • You’ll usually have time. Only 27% of homes go under contract within two weeks; the typical one takes 77 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

March has the most new listings (about 132 a month), but June is the most competitive: 19% of June sales close over asking. June and July offer nearly as much choice with fewer homes bid up (19%). October has the least competition (13%).

New listings a monthShare sold over asking
033.867.5101.31357%13%20%Sweet spotJan: 98 new listings a month, 14% sold over asking, 91 days to sellJFeb: 103 new listings a month, 14% sold over asking, 90 days to sellFMar: 132 new listings a month, 17% sold over asking, 84 days to sellMApr: 124 new listings a month, 18% sold over asking, 69 days to sellAMay: 130 new listings a month, 18% sold over asking, 69 days to sellMJun: 126 new listings a month, 19% sold over asking, 72 days to sellJJul: 118 new listings a month, 16% sold over asking, 76 days to sellJAug: 114 new listings a month, 17% sold over asking, 71 days to sellASep: 104 new listings a month, 16% sold over asking, 71 days to sellSOct: 103 new listings a month, 13% sold over asking, 78 days to sellONov: 87 new listings a month, 13% sold over asking, 72 days to sellNDec: 70 new listings a month, 16% sold over asking, 80 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Florida as a whole

Pensacola now2017–192021 peakFL now
Sold over askingShare of sales that closed above the list price11%14%27%10%
Gone within two weeksShare of homes under contract within 14 days27%1%39%20%
Listings with a price cutShare of homes for sale that cut their price26%—15%28%
Price paid vs. askingAverage sale price ÷ list price96.2%96.8%98.7%96.3%
Days to sellMedian days from listing to contract77825676
Supply

433 homes for sale on a typical day

That’s 1.4 times the 2022 low (301) and about the 2017–19 level.

2012: 440 for sale’122013: 468 for sale2014: 474 for sale2015: 468 for sale’152016: 435 for sale2017: 411 for sale2018: 481 for sale’182019: 445 for sale2020: 392 for sale2021: 308 for sale’212022: 301 for sale2023: 362 for sale2024: 419 for sale’242025: 433 for saleLast 12 months: 433 for saleNow
Room to negotiate

1 in 4 listings has cut its price

26% in the last year, against — in 2017–19 and 28% across Florida.

2021: 15%’212022: 18%2023: 24%2024: 28%’242025: 28%Last 12 months: 26%Now
Prices by type

Since 2019, houses are up 62%, condos 59%

A house typically sold for $363K in the last year (810 sales), a condo for $233K (82).

$100K$200K$300K$400K2013201520172019202120232025NowHouses 2013: $139K, 723 salesHouses 2014: $138K, 729 salesHouses 2015: $155K, 843 salesHouses 2016: $170K, 927 salesHouses 2017: $187K, 931 salesHouses 2018: $208K, 899 salesHouses 2019: $225K, 996 salesHouses 2020: $268K, 1020 salesHouses 2021: $287K, 1122 salesHouses 2022: $323K, 931 salesHouses 2023: $365K, 815 salesHouses 2024: $348K, 739 salesHouses 2025: $349K, 781 salesHouses last 12 months: $363K, 810 salesHouses $363KCondos 2013: $91K, 87 salesCondos 2014: $112K, 88 salesCondos 2015: $103K, 92 salesCondos 2016: $125K, 82 salesCondos 2017: $117K, 89 salesCondos 2018: $131K, 106 salesCondos 2019: $146K, 95 salesCondos 2020: $161K, 101 salesCondos 2021: $219K, 131 salesCondos 2022: $204K, 99 salesCondos 2023: $203K, 92 salesCondos 2024: $211K, 89 salesCondos 2025: $259K, 83 salesCondos last 12 months: $233K, 82 salesCondos $233K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Florida

Pensacola ranks 214th of 534 busy Florida markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Pensacola is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Pensacola home costs about $1,998 a month

Mortgage
Property tax
Insurance
Rent

Price: Pensacola’s typical sale, last 12 months. Property tax at Pensacola’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Pensacola is affordable on local pay is on Cost of living.

Before you buy in Pensacola

Six things worth knowing

132

New listings in March

The month with the most choice. December has the fewest, about 70.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $350K home, about $2,060 a year.

Taxes vs. neighbors
C−

Schools

The schools grade for Pensacola, from test results, graduation and how much students grow.

Schools in Pensacola
22 min

Typical commute

The average one-way trip to work for people who live in Pensacola.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Goulding, Brent, West Pensacola, Ferry Pass and Myrtle Grove sell for less a square foot; Gulf Breeze for far more

The busier markets within 25 miles of Pensacola, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Pensacola969$350K$20911%77
Ferry Pass405$248K$16111%72
West Pensacola219$162K$12719%80
Myrtle Grove191$239K$14917%78
Brent189$195K$14217%72
Gulf Breeze118$598K$2967%76
Goulding34$188K$1459%121

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Pensacola, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Pensacola. People who follow the town see it, and so do people comparing Pensacola with their own town. No commission, no listing fee.

Questions about buying a home in Pensacola

What do homes sell for in Pensacola, FL?

969 homes sold in the year to May 2026 at a typical $350K, $209 a square foot. Houses sold for about $363K, condos for about $233K.

Is Pensacola a buyer’s or seller’s market?

A balanced market: 437 homes were for sale in May 2026 and 91 sold, about 4.8 months of supply. Buyers paid 96.2% of asking on average, and 26% of listings cut their price.

When is the best time to buy in Pensacola?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Pensacola?

About 0.6% of a home’s value a year. On a $350K home that’s near $2,060.

Where can I see homes for sale in Pensacola?

Zillow, Redfin, Realtor.com and Homes.com all carry Pensacola’s MLS listings; the search links above open each one filtered to Pensacola.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).