Market Intelligence · FL / Pensacola

Pensacola, FL 32502 Housing Market

The typical home value in Pensacola, FL 32502 is $336,653, down 1.1% over the past year as of 2026-08-01. The median list price is $499,900, and homes are taking a median of 72 days to sell.

Updated August 2026Median value$337K

The median home value in Pensacola, FL 32502 is $337K as of August 2026, down 1.1% 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

$310K to $364K

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

-1.1% over 12 months

Typical home value in 32502 over the last 12 months: $340K in Aug 2025 to $337K in Aug 2026 (-1.1%).

Aug 2025$340K

Aug 2026$337K

The numbers

What is the 32502 housing market like?

Typical home value

$337K

Down1.1%YoY

Median list price

$500K

Down0.1%MoM

Days on market

72

Down4.0%MoM

Homes for sale

59

Flat0.0%MoM

Price cuts

20.6%

Up37.7%MoM

New listings

8

Down55.6%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 32502 home prices compare?

  • 32502$336,653
  • Pensacola$268,181
  • Florida$345,153
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Pensacola: 10 ZIPs; Florida: 923 ZIPs; United States: 26,265 ZIPs).

Context

Pensacola, FL 32502 has 59 homes for sale as of 2026-08-01, with 8 new listings coming on the market. The typical home value is $336,653, down 1.1% over the past year, while the median list price sits at $499,900. Homes are spending a median of 72 days on market, and 20.6% of listings have taken a price cut. That mix points to a market where sellers are not getting quick, full-price results. If you are thinking about selling, expect some negotiation and price your home realistically from the start.

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