Market Intelligence · FL / Pensacola

Pensacola, FL 32502 Housing Market

The typical home in Pensacola's 32502 ZIP code is worth $337,843, down 2.4% over the past year. The median list price is $499,700, and homes are taking a median of 92 days on market.

Updated June 2026Median value$338K

The median home value in Pensacola, FL 32502 is $338K as of June 2026, down 2.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 32502 range

$311K to $365K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.4% over 12 months

Typical home value in 32502 over the last 12 months: $346K in Jun 2025 to $338K in Jun 2026 (-2.4%).

Jun 2025$346K

Jun 2026$338K

The numbers

What is the 32502 housing market like?

Typical home value

$338K

Down2.4%YoY

Median list price

$500K

Days on market

92

Up64.3%MoM

Homes for sale

56

Price cuts

19.2%

New listings

16

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 32502 home prices compare?

  • 32502$337,843
  • Pensacola$273,513
  • Florida$347,135
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Pensacola: 10 ZIPs; Florida: 923 ZIPs; United States: 26,270 ZIPs).

Context

There are 56 homes for sale in 32502 as of June 2026, with 16 new listings added recently. The median list price sits at $499,700, well above the typical home value of $337,843, which has fallen 2.4% over the past year. Homes are moving slowly here, with a median of 92 days on market. About 19.2% of listings have taken a price cut. For sellers, this is a slower market where realistic pricing matters more than an ambitious asking number.

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