Pine Forest South / Lake Estelle Housing Market Report March 2025•Escambia County, Florida

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Housing Prices in Pine Forest South / Lake Estelle, FL

How much do homes in Pine Forest South / Lake Estelle, FL cost?

Housing Market Conditions

Is Pine Forest South / Lake Estelle, 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

Pine Forest South / Lake Estelle is a Neutral Market

Difference Since March 2024

At the same time last year, Pine Forest South / Lake Estelle was a Seller's Market.

Insight

Pine Forest South / Lake Estelle is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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.
$329,950$159/SqFt
+$42,450
+14.8%

Based on all homes sold in the last 12 months

Insight

Homes in Pine Forest South / Lake Estelle have sold for 14.8% more than they did a year ago.

Summary: The median home sold price in Pine Forest South / Lake Estelle was $329,950 in March 2025, up 14.8% from last year, and the median price per square foot was $159.

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
Pine Forest South / Lake Estelle
+14.8%
Pine Forest Estates
+7.8%
Lake Francis
+5.8%
Ensley
-1.2%

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.
BedsMar 2024Mar 2025Change YoY
1--
N/A
2$195K$199K
+2.1%
3$260K$257.4K
-1.0%
4$410K$330K
-19.5%
5-$580K
N/A

Summary: Pine Forest South / Lake Estelle housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +2.1%. The home price for 3 bedroom homes decreased by -1.0%. The home price for 4 bedroom homes decreased by -19.5%. The home price for 5 bedroom homes did not change.

How does Pine Forest South / Lake Estelle, FL compare with other places?

Market comparison tool

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

Pine Forest South / Lake Estelle, FL

Housing supply in Pine Forest South / Lake Estelle, FL

How many homes are available in Pine Forest South / Lake Estelle, 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
6Last MonthMar 2025
52 months agoFeb 2025
+20.0 %
Change MoMFeb – Mar

Summary: The Pine Forest South / Lake Estelle real estate market had 6 homes for sale in Mar 2025, a 20.0 % increase compared to Feb 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
1Last MonthMar 2025
02 months agoFeb 2025
+100.0 %
Change MoMFeb – Mar

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.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
211
0.0%
334
+33.3%
411
0.0%
500
0.0%

Summary: Pine Forest South / Lake Estelle housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Pine Forest South / Lake Estelle, 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 Price1 Home

Insight

If you're buying a home in Pine Forest South / Lake Estelle, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Pine Forest South / Lake Estelle in March 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Pine Forest South / Lake Estelle, FL

How long does it take to sell a home in Pine Forest South / Lake Estelle, FL?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Pine Forest South / Lake Estelle are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 1 homes were sold in Pine Forest South / Lake Estelle; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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
4 DaysThis YearMar 2025
0 Days1 year agoMar 2024
+100.0 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Pine Forest South / Lake Estelle had an average listing age of 4 days in Mar 2025, up by 100.0% compared to the previous year.

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Newest Listings in Pine Forest South / Lake Estelle, FL

What homes are available in Pine Forest South / Lake Estelle, FL?

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MLS Disclaimers and Copyright

Based on information from Pensacola MLS, for the period 04/01/2023 - 04/01/2025

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: 4/25/2025, 9:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.