Market Intelligence · FL / Pensacola

Pensacola, FL 32514 Housing Market

The typical home in Pensacola's 32514 ZIP code is worth $261,329, up 2.1% over the past year. The median list price is $289,999, and homes spend a median of 59 days on the market. As of 2026-08-01, there are 133 homes for sale.

Updated August 2026Median value$261K

The median home value in Pensacola, FL 32514 is $261K as of August 2026, up 2.1% 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 32514 range

$240K to $282K

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

+2.1% over 12 months

Typical home value in 32514 over the last 12 months: $256K in Aug 2025 to $261K in Aug 2026 (+2.1%).

Aug 2025$256K

Aug 2026$261K

The numbers

What is the 32514 housing market like?

Typical home value

$261K

Up2.1%YoY

Median list price

$290K

Down1.7%MoM

Days on market

59

Down4.8%MoM

Homes for sale

133

Up3.1%MoM

Price cuts

32.1%

Up23.1%MoM

New listings

60

Up20.0%MoM

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

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The comparison

How do 32514 home prices compare?

  • 32514$261,329
  • 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

Values in 32514 are still climbing, with the typical home up 2.1% over the past year to $261,329. Sellers are asking more, with a median list price of $289,999, but buyers are taking their time. Homes sit for a median of 59 days, and 32.1% of listings have taken a price cut. Fresh supply keeps coming, with 60 new listings added to the 133 homes already for sale. For a seller, this is a market that rewards realistic pricing from day one rather than testing high and cutting later.

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