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·Pensacola Metro
FL

Pensacola Metro

Pensacola Metro Market Report

Top 10 ZIPs by size — 7.32% mortgage rate — Updated 10/27/2026

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Listings Flow Ladder — Pensacola

Faucet, basin and drain — new listings in, active inventory, closed sales out.as of Sep 30, 2026

the basin is fillingnet 126 listings/mo
balanced 4–6 mo4.2 mo
Faucet — new listings
1,002/mo
115% of normal (868) · gushing
Basin — active listings
3,697
102% of normal (3,622) · balanced
Months of supply
4.2 mo
derived — not published at this grain
Drain — closed sales
876/mo
99% of normal (888)
Net — faucet minus drain
+126/mo
filling
Reading
current
as of 2026-09-30
Compare against:
2015-01-01 to 2019-12-31 · 5 same-month points

How plugged is the drain? Two definitions, both ours, deliberately not reconciled.

  • 7%Absorption vs its own normal— 1 - (closed sales / active listings) / same-month median of that ratio
  • 1%Closed sales vs its own normal— 1 - closed sales per month / same-month median closed sales per month

Closed sales over 24 months — two different numbers, deliberately not merged.

  • 75/mofall in the monthly rate (8%)— peak 951/mo (2026-07-31) to 876/mo now
  • 394transactions that did not happen— summed monthly shortfall vs the same-month normal, over 17 months below it (vs 2015-19 (COVID excluded))
  • rate_drop_from_peak is a change in the monthly rate; cumulative_shortfall_vs_normal counts transactions not transacted. They are different quantities and are not interchangeable.
2026-09-30

Redfin market data (county + ZIP), via Lotvox. As of 2026-09-30. Normal = same-month median of monthly rates, minimum 3 same-month points. Source window 3 months (flows shown per month). Aggregated over a fixed panel of 19 zips — the panel is fixed so a change in who reports cannot look like a change in the market. months_of_supply is not published at this grain (0 non-null rows measured); derived here as active listings / closed sales per month.

Verified county coverage:Escambia County, FLSanta Rosa County, FL

Tracked ZIPs
10
Avg Score
64
Avg Median
$307,212
Market
Buyer's
Avg Composite
64/100
Avg Median Price
$307,212
Avg Rent
$1,790/mo
Avg Burden
27%of income

Buyer Leverage — Should I Buy in Pensacola?

55
Avg Buyer Score
24 ZIPs analyzed
Strong Buyer
2
Moderate
6
Balanced
11
Seller Favored
5
Strong Seller
0
Best for Buyers
32577Molino86
32535Century72
32501Pensacola70
32565Jay69
Most Competitive
32504Pensacola34
32514Pensacola35
32505Pensacola36
32534Pensacola38

MODERATE — Pensacola has mixed conditions, pockets of opportunity

32507
, escambia county
49
Median Price
$374,889
YoY
+1.2%
Payment Burden
35.4%
Buy vs Rent
Neutral
Days on Market
87
Supply
5.5 mo
Rent
$1,854
Val. Gap
-45.8%
32526
Pensacola, escambia county
62
Median Price
$280,825
YoY
+1.6%
Payment Burden
25.8%
Buy vs Rent
Buy
Days on Market
73
Supply
3.2 mo
Rent
$1,730
Val. Gap
+30.7%
32566
Navarre, santa rosa county
58
Median Price
$417,526
YoY
+1.8%
Payment Burden
27.7%
Buy vs Rent
Neutral
Days on Market
69
Supply
4.5 mo
Rent
$2,104
Val. Gap
-68.7%
32533
Cantonment, escambia county
59
Median Price
$326,096
YoY
+0.8%
Payment Burden
25.2%
Buy vs Rent
Buy
Days on Market
73
Supply
3.5 mo
Rent
$1,864
Val. Gap
+53.9%
32571
Pace, santa rosa county
65
Median Price
$328,746
YoY
+0.9%
Payment Burden
24.3%
Buy vs Rent
Buy
Days on Market
60
Supply
4 mo
Rent
$1,946
Val. Gap
-48.1%
32506
Pensacola, escambia county
75
Median Price
$243,445
YoY
+2.4%
Payment Burden
26.8%
Buy vs Rent
Buy
Days on Market
68
Supply
3.3 mo
Rent
$1,535
Val. Gap
+6.9%
32514
Pensacola, escambia county
65
Median Price
$259,011
YoY
+2.2%
Payment Burden
25.7%
Buy vs Rent
Buy
Days on Market
66
Supply
4.4 mo
Rent
$1,497
Val. Gap
-51.7%
32503
Pensacola, escambia county
68
Median Price
$294,649
YoY
+2.4%
Payment Burden
28.7%
Buy vs Rent
Buy
Days on Market
81
Supply
6.3 mo
Rent
$1,849
Val. Gap
—
32563
Gulf Breeze, santa rosa county
69
Median Price
$403,500
YoY
+1.0%
Payment Burden
27.4%
Buy vs Rent
Neutral
Days on Market
67
Supply
4.1 mo
Rent
$2,010
Val. Gap
+14.8%
32505
Pensacola, escambia county
65
Median Price
$143,436
YoY
-1.2%
Payment Burden
23%
Buy vs Rent
Buy
Days on Market
53
Supply
4.4 mo
Rent
$1,506
Val. Gap
—

Median price and 12-month change: Zillow Home Value Index (ZHVI); where a ZIP has no ZHVI value, the county assessor average. Days on market: Redfin Data Center, rolling 90 days; months of supply: Redfin Data Center. Rent: Zillow Observed Rent Index (ZORI); where a ZIP has no ZORI value, the Census ACS county rent.

Every ZIP market page in Pensacola Metro (21)