Downtown Pensacola Housing Market Report May 2025•Escambia County, Florida

hero building illustration for mobile

Housing Prices in Downtown Pensacola, FL

How much do homes in Downtown Pensacola, FL cost?

Housing Market Conditions

Is Downtown Pensacola, 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

Downtown Pensacola is a Seller's Market

Difference Since May 2024

At the same time last year, Downtown Pensacola was a Buyer's Market.

Insight

Downtown Pensacola 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.
$630,000$377/SqFt
+$160,000
+34.0%

Based on all homes sold in the last 12 months

Insight

Homes in Downtown Pensacola have sold for 34% more than they did a year ago.

Summary: The median home sold price in Downtown Pensacola was $630,000 in May 2025, up 34% from last year, and the median price per square foot was $377.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
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
Downtown Pensacola
+34.0%
East Downtown Pensacola
+21.6%
Renz-anna Villa
+1.6%
Saint John Coalition
-5.5%

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.
BedsMay 2024May 2025Change YoY
1$113.5K$56K
-50.7%
2$527.5K$645.4K
+22.4%
3$644.7K$800K
+24.1%
4$1.2M$1.2M
-0.8%
5$600K$1.8M
+200.0%

Summary: Downtown Pensacola housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -50.7%. The home price for 2 bedroom homes increased by +22.4%. The home price for 3 bedroom homes increased by +24.1%. The home price for 4 bedroom homes decreased by -0.8%. The home price for 5 bedroom homes increased by +200.0%.

How does Downtown Pensacola, FL compare with other places?

Market comparison tool

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

Downtown Pensacola, FL

Housing supply in Downtown Pensacola, FL

How many homes are available in Downtown Pensacola, 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
31Last MonthMay 2025
292 months agoApr 2025
+6.9 %
Change MoMApr – May

Summary: The Downtown Pensacola real estate market had 31 homes for sale in May 2025, a 6.9 % increase compared to Apr 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
6Last MonthMay 2025
32 months agoApr 2025
+100.0 %
Change MoMApr – May

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.
BedsApr 2025May 2025Change MoM
11113
+18.2%
2108
-20.0%
333
0.0%
424
+100.0%
533
0.0%

Summary: Downtown Pensacola housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +18.2%. The inventory for 2 bedroom homes decreased by -20.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Downtown Pensacola, 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 Price0 Home

At Asking Price0 Home

Under Asking Price6 Homes

Insight

If you're buying a home in Downtown Pensacola, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Downtown Pensacola in May 2025, up by 100.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Downtown Pensacola, FL

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days1 Home

Over 90 Days2 Homes

Insight

Most homes in Downtown Pensacola are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2025, 6 homes were sold in Downtown Pensacola; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% 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
236 DaysThis YearMay 2025
78 Days1 year agoMay 2024
+200.0 %
Change YoYMay 2024 – May 2025

Summary: Homes in Downtown Pensacola had an average listing age of 236 days in May 2025, up by 200.0% 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 Downtown Pensacola, FL

What homes are available in Downtown Pensacola, FL?

See More Listings

Nearby markets

Nearby markets aren't available for Downtown Pensacola, FL

Popular Cities with Homes for Sale in Florida

MLS Disclaimers and Copyright

Based on information from Pensacola MLS, for the period 06/01/2023 - 06/01/2025

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: 6/24/2025, 7:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.