Market Intelligence · FL / Pensacola

Pensacola, FL 32504 Housing Market

The typical home in Pensacola, FL 32504 is valued at $271,129, up 1.9% over the past year as of 2026-08-01. The median list price sits at $232,900, and homes are spending a median of 61 days on the market. Sellers should expect a measured pace rather than a fast one.

Updated August 2026Median value$271K

The median home value in Pensacola, FL 32504 is $271K as of August 2026, up 1.9% 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.

Get a cash offer

Sell without the wait

Sell your Pensacola home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 32504 range

$249K to $293K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 32504 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Pensacola, FL.

12-month value trend

+1.9% over 12 months

Typical home value in 32504 over the last 12 months: $266K in Aug 2025 to $271K in Aug 2026 (+1.9%).

Aug 2025$266K

Aug 2026$271K

The numbers

What is the 32504 housing market like?

Typical home value

$271K

Up1.9%YoY

Median list price

$233K

Down6.5%MoM

Days on market

61

Down3.2%MoM

Homes for sale

103

Down1.0%MoM

Price cuts

18.9%

Down34.1%MoM

New listings

40

Up17.6%MoM

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

Free home value report

See what your 32504 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 32504 home prices compare?

  • 32504$271,129
  • 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

There were 103 homes for sale in 32504 as of 2026-08-01, with 40 new listings entering the market. The median list price of $232,900 sits below the typical home value of $271,129, which rose 1.9% over the past year. A total of 18.9% of listings has taken a price cut, and homes are moving at a median of 61 days. That mix points to a market where buyers have room to negotiate and pricing discipline matters. Sellers who price close to the market are better positioned than those who test high and wait.

Monthly payment

Estimate your monthly payment.

20% · $54,226

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.