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Pensacola Market Report

$394,807

AVERAGE PRICE OF 2,051 HOMES

$1,885,670

AVERAGE PRICE OF 92 MULTI-MILLION DOLLAR HOMES

$476,462

AVERAGE PRICE OF 607 NEWLY BUILT HOMES

$741,598

AVERAGE PRICE OF 249 HOMES WITH A POOL

$390,627

AVERAGE PRICE OF 67 REDUCED PRICE HOMES

$170,114

AVERAGE PRICE OF 14 DISTRESSED HOMES

Average Home

Average Price $394,807
Avg Bedrooms 2.46 beds
Avg Bathrooms 2.03 baths

Average Price by Bedrooms

1 bedroom $364,014
2 bedrooms $418,275
3 bedrooms $467,469
4 bedrooms $1,123,675
5 bedrooms $833,177
Pensacola Home Price Trends
  3/2023 2/2023 1/2023 12/2022 11/2022
Total Listings 2,057 2,048 2,620 2,018 2,074
Average Price $389,061 $398,578 $434,534 $388,140 $386,887
Avg Price Change -2.45% -9.02% +11.95% +0.32% -0.69%
Median Price $307,291 $310,309 $325,325 $300,977 $299,818
Med Price Change -0.98% -4.84% +8.09% +0.39% +0.05%
Avg Bedrooms 2.39 beds 2.37 beds 2.5 beds 2.55 beds 2.53 beds
Avg Bathrooms 1.97 baths 1.96 baths 2.03 baths 1.81 baths 1.79 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Escambia 516 $464,118 126 days
Not Baldwin County 71 $878,098 49 days
Pensacola 427 $351,064 121 days
Pine Forest 421 $300,356 75 days
Tate 304 $351,516 97 days
Washington 312 $399,691 107 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,051 $394,807 78 days
Multi-Million Dollar Homes 92 $1,885,670 104 days
Newly Built Homes 607 $476,462 81 days
Homes with a Pool 249 $741,598 65 days
Reduced Price Homes 67 $390,627 52 days
Distressed Homes 14 $170,114 75 days

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Lane Cummins
186 N. Palafox Street, Suite #211
Pensacola, FL 32502
850-450-3733

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