Market Intelligence · FL / Pensacola

Pensacola, FL 32506 Housing Market

The typical home in Pensacola's 32506 ZIP code is worth $245,733, up 2.5% over the past year. The median list price is $265,000, and homes spend a median of 67 days on the market. That points to steady, modest appreciation rather than a fast-moving market.

Updated August 2026Median value$246K

The median home value in Pensacola, FL 32506 is $246K as of August 2026, up 2.5% 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 32506 range

$226K to $265K

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

+2.5% over 12 months

Typical home value in 32506 over the last 12 months: $240K in Aug 2025 to $246K in Aug 2026 (+2.5%).

Aug 2025$240K

Aug 2026$246K

The numbers

What is the 32506 housing market like?

Typical home value

$246K

Up2.5%YoY

Median list price

$265K

Down2.0%MoM

Days on market

67

Up4.7%MoM

Homes for sale

129

Down3.0%MoM

Price cuts

16.6%

Down32.9%MoM

New listings

56

Up12.0%MoM

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

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The comparison

How do 32506 home prices compare?

  • 32506$245,733
  • 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

As of 2026-08-01, there were 129 homes for sale in 32506, with 56 new listings added. Values are holding firm, with the typical home value at $245,733, up 2.5% over the past year. Still, 16.6% of listings have taken a price cut, which suggests some sellers are starting too high. Homes are taking a median of 67 days to move, so buyers have time to compare. For a seller, the realistic read is that pricing accurately from day one matters more than waiting for the market to catch up to an ambitious number.

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