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Pensacola

Why you'd want to live in Pensacola

White sand beaches, breathtaking sunsets and emerald green waters are often cited as reasons newcomers fall in love with the Pensacola area. The Spanish explorer Tristán de Luna was certainly enamored when he established Pensacola as the first European settlement in the U.S. in 1559. But beyond the world-famous beaches is a rich cultural heritage displayed through historical architecture, diverse festivals and a fine arts scene. The Pensacola metropolitan area honors tradition while making space for entrepreneurial booms, a flourishing tourism industry and higher education institutions to help students prepare for their careers. Organizations such as The Spring Entrepreneur Hub and the University of West Florida’s Center for Entrepreneurship offer mentorship, resources and guidance to help ignite the self-starter’s career. Pensacola is characterized by a rich tapestry of multiculturalism. Native American, African, European, Asian, and Latin influences form the foundation of the city’s heart and soul. Locals are quick to indulge visitors and transplants with their characteristic Southern charm and hospitality. Hearty meals and sweet tea compliment the hot and humid summers, best enjoyed at an outdoor beer garden or local music festival. Year round, the city’s vibrant nightlife is balanced by an abundance of family-friendly activities and a community atmosphere. For those who can weather hurricane season and hot summers, Pensacola and its neighboring towns can provide a slice of la dolce vita to those who call the area home. via realestate.usnews.com

Pensacola Market Report

$391,757

AVERAGE PRICE OF 2,414 HOMES

$190,852

AVERAGE PRICE OF 20 DISTRESSED HOMES

$1,858,325

AVERAGE PRICE OF 108 MULTI-MILLION DOLLAR HOMES

$420,283

AVERAGE PRICE OF 445 NEWLY BUILT HOMES

$570,742

AVERAGE PRICE OF 350 HOMES WITH A POOL

$367,338

AVERAGE PRICE OF 157 REDUCED PRICE HOMES

Average Home

Average Price $391,757
Avg Bedrooms 2.69 beds
Avg Bathrooms 1.98 baths

Average Price by Bedrooms

1 bedroom $329,552
2 bedrooms $333,564
3 bedrooms $350,451
4 bedrooms $488,100
5 bedrooms $767,460
Pensacola Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 2,237 2,120 2,008 1,931 1,954
Average Price $392,503 $381,672 $374,791 $375,569 $372,059
Avg Price Change +2.84% +1.84% -0.21% +0.94% -2.19%
Median Price $289,850 $287,554 $286,234 $288,997 $287,231
Med Price Change +0.80% +0.46% -0.97% +0.61% -1.71%
Avg Bedrooms 2.65 beds 2.62 beds 2.6 beds 2.59 beds 2.56 beds
Avg Bathrooms 1.97 baths 1.94 baths 1.92 baths 1.91 baths 1.87 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Escambia 720 $437,562 124 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,414 $391,757 106 days
Distressed Homes 20 $190,852 77 days
Multi-Million Dollar Homes 108 $1,858,325 163 days
Newly Built Homes 445 $420,283 99 days
Homes with a Pool 350 $570,742 83 days
Reduced Price Homes 157 $367,338 73 days
RE/MAX Infinity - Team Bruce Baker, MBA
Bruce Baker
3782 Highway 90
Pace, FL 32571
850-449-0365
00ae228c8901749f45754f437913289ed1080974.png
Jane Smith
3780 Highway 90
Pace, FL 32571
(850) 712-0966

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