Homes for Sale in Pensacola

The average home price in Pensacola is currently $404,758, with a median price of $299,000. Prices range widely from as low as $10,000 to luxury properties up to $7,500,000, offering options for various budgets. The average home size is 1,774 square feet, which influences overall pricing in this coastal market.

There are 1,699 homes currently listed for sale in Pensacola, providing a substantial inventory for buyers to explore. This includes a mix of single-family homes, condos, and waterfront properties typical of the area. With 1,699 options, buyers have flexibility but should act thoughtfully given the market dynamics.

Homes in Pensacola spend an average of 132 days on the market, indicating a somewhat slower-paced environment compared to hotter markets. This can give buyers more time to negotiate and conduct thorough inspections, especially for properties near the beach or in historic districts. Factors like seasonal demand from military relocations and tourism influence these timelines.

Popular neighborhoods include East Hill for its historic charm and tree-lined streets, Perdido Key for beachfront living, and Navarre for family-friendly communities with good schools. These areas offer a range of home styles from bungalows to modern waterfront estates, aligning with the city's median price of $299,000. Buyers often prioritize proximity to Pensacola Beach, NAS Pensacola, or downtown amenities.

Expect a market with 1,699 listings and homes averaging 1,774 sq ft, taking about 132 days to sell, which allows for careful due diligence on hurricane preparedness and flood zones common in this Gulf Coast location. Engage a local real estate agent familiar with Pensacola's regulations, including potential impact fees and insurance requirements for coastal properties. The buying process benefits from pre-approval and inspections focused on humidity-related issues and elevation certificates.