A typical Pensacola home is worth about $267,000
Up 1.2% in a year, 29% below the Florida typical home. Homes typically sell in 61 days, below asking.
What kind of housing town is Pensacola?
Read from the numbers below. The page puts what stands out first.
10 of Pensacola’s houses are on the National Register
Half of Pensacola’s homes were built before 1972.
Florida: 68% own.
U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.
A typical home costs 3.6 years of income
Less than across Florida (5 years). Try your own numbers below.
That covers a typical Pensacola home, with $34K to spare.
A two-bedroom rents for about $1,490 a month here, $40 less than owning.
How Pensacola ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Pensacola’s typical property tax (0.59% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Up 18.5% in five years
About the same pace as Florida (20.3%).
Show as a table
| January | Pensacola | Florida |
|---|---|---|
| 2017 | $139,000 | $209,000 |
| 2018 | $150,000 | $226,000 |
| 2019 | $161,000 | $242,000 |
| 2020 | $176,000 | $253,000 |
| 2021 | $201,000 | $276,000 |
| 2022 | $239,000 | $340,000 |
| 2023 | $265,000 | $392,000 |
| 2024 | $272,000 | $402,000 |
| 2025 | $269,000 | $397,000 |
| 2026 | $265,000 | $377,000 |
| August 2026 | $267,000 | $376,000 |
A typical Pensacola home worth $136K in September 2016 is worth about $267K today.
How Pensacola ranks on rising home prices →
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A balanced market
About 4.8 months of supply: neither buyers nor sellers have a clear edge.
Under ~4 months of supply favors sellers; over ~6 favors buyers.
Redfin Data Center, all residential sales, May 2026.
A two-bedroom rents for about $1,490
Renters already here pay a median of $1,322, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
How Pensacola ranks on rent that’s easy to afford →
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Pensacola-Ferry Pass-Brent, FL MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
88 new homes permitted in 2025
Builders were permitted 88 new homes in Pensacola in 2025, all single-family houses, worth about $29.6 million to build. That's 1.6 per 1,000 residents, slower than across Florida (8.3). Over the past 10 years, Pensacola has permitted 956 homes in all.
Between the 2010 and 2020 censuses, Pensacola gained 2,389 residents while 608 new homes were permitted: about 3.9 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Florida: 2.8 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 84 | 82 | 2 | $25.8 million |
| 2025 | 88 | 88 | 0 | $29.6 million |
| 2024 | 93 | 93 | 0 | $24.2 million |
| 2023 | 40 | 40 | 0 | $15.3 million |
| 2022 | 43 | 43 | 0 | $10.4 million |
| 2021 | 215 | 36 | 179 | $36.5 million |
| 2020 | 92 | 92 | 0 | $27.3 million |
| 2019 | 89 | 85 | 4 | $19.7 million |
| 2018 | 112 | 112 | 0 | $24.9 million |
| 2017 | 132 | 132 | 0 | $29.4 million |
| 2016 | 52 | 52 | 0 | $15.4 million |
| 2015 | 47 | 47 | 0 | $11.3 million |
| 2014 | 46 | 46 | 0 | $10.8 million |
| 2013 | 43 | 43 | 0 | $11.4 million |
| 2012 | 26 | 26 | 0 | $5.7 million |
| 2011 | 27 | 27 | 0 | $8.1 million |
| 2010 | 34 | 34 | 0 | $6.9 million |
| 2009 | 24 | 24 | 0 | $5.3 million |
| 2008 | 195 | 41 | 154 | $22.4 million |
| 2007 | 176 | 100 | 76 | $21.2 million |
| 2006 | 104 | 104 | 0 | $20.4 million |
| 2005 | 200 | 145 | 55 | $40.2 million |
| 2004 | 166 | 160 | 6 | $25.2 million |
| 2003 | 141 | 116 | 25 | $20.1 million |
| 2002 | 122 | 116 | 6 | $19.1 million |
| 2001 | 77 | 77 | 0 | $10 million |
| 2000 | 109 | 69 | 40 | $12.2 million |
How Pensacola ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Pensacola vs. its neighbors
Pensacola is the 2nd priciest of 7 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Pensacola | $267K | +1.2% | $1,490 | 88 | $74,212 |
| Ferry Pass | $260K* | −5.5%† | $1,630 | — | $61,689 |
| Goulding | $90K* | +6.4%† | $1,470 | — | $29,368 |
| Brent | $160K* | −2.4%† | $1,480 | — | $49,167 |
| West Pensacola | $116K* | −2.8%† | $1,490 | — | $40,511 |
| Gulf Breeze | $479K | +0.7% | $1,970 | — | $104,050 |
| Warrington | $212K* | −4.3%† | $1,670 | — | $61,861 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
On the market in Pensacola
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Pensacola buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.