Pensacola housing market: home prices, trends and forecast
Pensacola home prices: the Zillow Home Value Index shows a typical home in Pensacola, Florida at $264,868 in September 2026, up +1.2% from a year earlier and −2.6% under its July 2024 peak of $271,848.
- Value of a typical home
- $264,868September 2026, Zillow ZHVI
- Change over 12 months
- +1.2%. Compared with September 2025.
Pensacola home prices since 2000
Pensacola is the steel line, and the United States is the grey one. In January 2000 a typical Pensacola home was worth $102,799; it stands at $264,868 now, ×2.58, while the US over those months is ×2.99. August 2006 brought the boom high of $169,826, while October 2012 marked the low of $107,778, −36.5%.
By year, the median home price in Pensacola
A yearly figure averages the twelve monthly values, and the 2026 figure shows only the latest month so far.
| Year | Pensacola | Change on the year | United States |
|---|---|---|---|
| 2000 | $103,469 | $125,745 | |
| 2001 | $104,144 | +0.7% | $134,899 |
| 2002 | $106,816 | +2.6% | $144,276 |
| 2003 | $110,272 | +3.2% | $155,308 |
| 2004 | $118,312 | +7.3% | $169,891 |
| 2005 | $142,392 | +20.4% | $189,732 |
| 2006 | $166,886 | +17.2% | $206,531 |
| 2007 | $162,892 | −2.4% | $208,449 |
| 2008 | $148,922 | −8.6% | $195,574 |
| 2009 | $134,107 | −9.9% | $177,542 |
| 2010 | $128,732 | −4.0% | $171,462 |
| 2011 | $114,937 | −10.7% | $162,508 |
| 2012 | $109,415 | −4.8% | $161,137 |
| 2013 | $112,799 | +3.1% | $171,420 |
| 2014 | $118,571 | +5.1% | $182,996 |
| 2015 | $123,945 | +4.5% | $192,738 |
| 2016 | $132,633 | +7.0% | $204,509 |
| 2017 | $142,742 | +7.6% | $216,767 |
| 2018 | $153,994 | +7.9% | $230,541 |
| 2019 | $166,280 | +8.0% | $242,088 |
| 2020 | $184,052 | +10.7% | $257,151 |
| 2021 | $216,899 | +17.8% | $295,959 |
| 2022 | $256,066 | +18.1% | $340,014 |
| 2023 | $267,190 | +4.3% | $348,160 |
| 2024 | $270,156 | +1.1% | $359,751 |
| 2025 | $262,948 | −2.7% | $362,959 |
| September 2026 | $264,868 | +1.2% | $366,157 |
Today's value of a Pensacola home bought in any year
Not an appraisal: an index-based estimate for a typical home.
A year's figure averages twelve monthly index values, and September 2026 is the value now. Further options: home appreciation calculator.
Thinking about selling? Local agents can be compared on Realtor.com. Advertising disclosure: links like this one may pay the site, and they never change a number. Disclosure.
Pensacola housing market forecast
Zillow's Pensacola, FL metro forecast is +0.8% for 12 months from September 2026, with +0.5% predicted for the next three months. With Pensacola's typical value at $264,868, the forecast points to about $267,000 a year on.
For the metro, the forecast shown here restates Zillow's central estimate; the site does not publish any forecast of its own. Forecasts like this 12-month one have typically been off by several percentage points from the realised change, in both directions, up or down. Investment advice is not offered here.
Each metro forecast in one table: housing market forecasts.
Pensacola housing market crash risk score
53 out of 100, above normal
Against the 292 cities, the score ranks Pensacola on five conditions that were high before past price falls. Every input sits on a scale from 0 to 100, measured against the other cities. Those five scores then get an equal-weight average. It shows conditions as they stand today, and no crash prediction comes from it.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | +28.6% | 80 | 20% |
| Days on the market vs 2019 | +16.1% | 72 | 20% |
| Price-to-rent ratio | 13.5 | 14 | 20% |
| 12-month price change | +1.2% | 45 | 20% |
Advice on investing is not offered here. How the inputs get scored: scoring method. Every one of the 292 cities, ranked: city crash risk.
Pensacola inventory and days on market
In September 2026 the Pensacola, FL metro counted 2,937 homes for sale, −6.8% year on year and +28.6% against September 2019. Selling took a median of 72 days per listing, which is +16.1% against 2019; meanwhile, 19.0% of listings carried a price cut.
| Pensacola, FL metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 2,937 | −6.8% |
| New listings | 968 | |
| Median days on market | 72 | −4.0% |
| Median list price | $363,600 | +0.4% |
| Share with a price cut | 19.0% |
Metro inventory figures come from Realtor.com® Economic Research. Realtor.com data. Days on market for every metro: city breakdown.
Pensacola rent and living costs
The Zillow Observed Rent Index lists Pensacola's typical monthly asking rent as $1,640, which is +2.6% higher than one year earlier. The cost of a typical home equals 13.5 years of rent at that rate. BEA rates metro prices at 97.7, and housing costs at 98.8, against a US average of 100.
Other Florida housing markets
- Jacksonville housing market $284,832.
- Miami housing market $583,705.
- Tampa housing market $375,619.
- Orlando housing market $372,775.
- St. Petersburg housing market $351,862.
- Port St. Lucie $384,099
- Cape Coral $334,660
- Tallahassee housing market $291,188.
- Fort Lauderdale $509,743
- Hollywood: $442,331.
Look at the state as a whole: Florida housing market.
How to read this chart
Every point shows the Zillow Home Value Index for Pensacola: a typical home in the market's middle third, smoothed and seasonally adjusted, valued in that month's dollars. The hollow dot shows the month selected on the slider, while the terracotta dot shows the latest month. Inflation is not factored into these numbers, and the index tracks the typical home rather than one particular house. To work out what one home is worth from the price it sold for, use the card above it, or else the home appreciation calculator.