Stay informed with Rocket and Redfin

Understand your market like never before.

32503 Housing Market Report June 2025•Escambia County, Florida

hero building illustration for mobile

Housing Prices in 32503, FL

How much do homes in 32503, FL cost?

Housing Market Conditions

Is 32503, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

32503 is a Seller's Market

Difference Since June 2024

Since last year, 32503 has remained a Seller's Market.

Insight

32503 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$343,500$213/SqFt
-$1,000
-0.3%

Based on all homes sold in the last 12 months

Insight

The sold price of homes in 32503 has remained the same since last year.

Summary: The median home sold price in 32503 was $343,500 in June 2025, down 0.3% from last year, and the median price per square foot was $213.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
32505
0.0%
32503
-0.3%
32504
-8.6%
32502
-12.4%
32501
-18.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1$148K$151.2K
+2.2%
2$236.5K$234K
-1.1%
3$330K$332.5K
+0.8%
4$453.5K$433K
-4.5%
5$718K$773.7K
+7.8%

Summary: 32503 housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes increased by +2.2%. The home price for 2 bedroom homes decreased by -1.1%. The home price for 3 bedroom homes increased by +0.8%. The home price for 4 bedroom homes decreased by -4.5%. The home price for 5 bedroom homes increased by +7.8%.

How does 32503, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

32503, FL

Housing supply in 32503, FL

How many homes are available in 32503, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
233Last MonthJun 2025
2282 months agoMay 2025
+2.2 %
Change MoMMay – Jun

Summary: The 32503 real estate market had 233 homes for sale in Jun 2025, a 2.2 % increase compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
53Last MonthJun 2025
432 months agoMay 2025
+23.3 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
144
0.0%
23839
+2.6%
3117126
+7.7%
45049
-2.0%
51915
-21.1%

Summary: 32503 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +2.6%. The inventory for 3 bedroom homes increased by +7.7%. The inventory for 4 bedroom homes decreased by -2.0%. The inventory for 5 bedroom homes decreased by -21.1%.

Asking Price vs. Sold Price

How much do homes in 32503, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price8 Homes

At Asking Price11 Homes

Under Asking Price33 Homes

Insight

If you're buying a home in 32503, you may be able to get a good deal. 63.5% of homes here sold below asking price last month.

Summary: A total of 53 homes were sold or pending in 32503 in June 2025, up by 23.3% month-over-month. Of the 52 sold homes, 63% were sold under asking, 21% were sold at asking, and and 15% were sold over asking.

Days on Market for 32503, FL

How long does it take to sell a home in 32503, FL?

Breakdown of Home Sale Times

Under 30 Days23 Homes

30 – 90 Days14 Homes

Over 90 Days16 Homes

Insight

Many homes in 32503 are selling fast, if you're buying plan to act quickly.

Summary: During June 2025, 53 homes were sold in 32503; 43% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
61 DaysThis YearJun 2025
43 Days1 year agoJun 2024
+43.0 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in 32503 had an average listing age of 61 days in Jun 2025, up by 43.0% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in 32503, FL

What homes are available in 32503, FL?

See More Listings

Nearby markets

Nearby markets aren't available for 32503, FL

Popular Cities with Homes for Sale in Florida

MLS Disclaimers and Copyright

Based on information from Pensacola MLS, and Emerald Coast MLS for the period 07/01/2023 - 07/01/2025

Copyright © 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 9:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 9:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.