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32506 Housing Market Report June 2025•Escambia County, Florida

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Housing Prices in 32506, FL

How much do homes in 32506, FL cost?

Housing Market Conditions

Is 32506, 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

32506 is a Seller's Market

Difference Since June 2024

Since last year, 32506 has remained a Seller's Market.

Insight

32506 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.
$265,000$164/SqFt
+$10,750
+4.2%

Based on all homes sold in the last 12 months

Insight

Homes in 32506 have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in 32506 was $265,000 in June 2025, up 4.2% from last year, and the median price per square foot was $164.

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
32506
+4.2%
32505
0.0%
32507
-6.0%

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$118K$450K
+281.4%
2$150K$150K
0.0%
3$243K$250.5K
+3.1%
4$325K$322.5K
-0.8%
5$388K$369.9K
-4.7%

Summary: 32506 housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes increased by +281.4%. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +3.1%. The home price for 4 bedroom homes decreased by -0.8%. The home price for 5 bedroom homes decreased by -4.7%.

How does 32506, FL compare with other places?

Market comparison tool

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

32506, FL

Housing supply in 32506, FL

How many homes are available in 32506, 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
259Last MonthJun 2025
2452 months agoMay 2025
+5.7 %
Change MoMMay – Jun

Summary: The 32506 real estate market had 259 homes for sale in Jun 2025, a 5.7 % 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
62Last MonthJun 2025
452 months agoMay 2025
+37.8 %
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
112
+100.0%
21815
-16.7%
3150156
+4.0%
47381
+11.0%
535
+66.7%

Summary: 32506 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -16.7%. The inventory for 3 bedroom homes increased by +4.0%. The inventory for 4 bedroom homes increased by +11.0%. The inventory for 5 bedroom homes increased by +66.7%.

Asking Price vs. Sold Price

How much do homes in 32506, 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 Price24 Homes

Under Asking Price28 Homes

Insight

If you're buying a home in 32506, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 62 homes were sold or pending in 32506 in June 2025, up by 37.8% month-over-month. Of the 60 sold homes, 47% were sold under asking, 40% were sold at asking, and and 13% were sold over asking.

Days on Market for 32506, FL

How long does it take to sell a home in 32506, FL?

Breakdown of Home Sale Times

Under 30 Days29 Homes

30 – 90 Days23 Homes

Over 90 Days9 Homes

Insight

Many homes in 32506 are selling fast, if you're buying plan to act quickly.

Summary: During June 2025, 62 homes were sold in 32506; 47% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 15% 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
48 DaysThis YearJun 2025
36 Days1 year agoJun 2024
+30.6 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in 32506 had an average listing age of 48 days in Jun 2025, up by 30.6% compared to the previous year.

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Newest Listings in 32506, FL

What homes are available in 32506, FL?

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MLS Disclaimers and Copyright

Based on information from Pensacola MLS, Emerald Coast MLS, Baldwin County MLS Inc., Stellar MLS, and Capital Area Technology & REALTOR Services Inc. 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: 8/1/2025, 9:45:31 AM 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: 8/1/2025, 9:40:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listing information Copyright © 2025 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 9:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 9:34:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Tallahassee Board of REALTORS®, Inc. All rights reserved.

The data relating to real estate on this web site comes in part from the IDX Program of the Tallahassee Board of REALTORS®, Inc. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. 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. Information deemed reliable but not guaranteed. The broker providing this data believes it to be correct, but advises interested parties to confirm information before relying on it for a purchase decision.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 9:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.