Momentum Housing Data · Home Values · Escambia - Fl County
Every figure below is from recorded MLS closings in Cove Gardens (Pensacola, FL) — not an algorithm’s estimate. Medians, the 13-year price history, market time, and what the record says about selling here now. Window ending 2026-07-13; refreshes as new closings record.
In the current window, sellers accepted a median 97.9% of original asking; the median sale took 13 days (window ending 2026-07-13).
| Year | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| 2026 | $236,450 | $179 | 13 | 8 |
| 2024 | $256,750 | $211 | 13 | 4 |
| 2023 | $250,000 | $195 | 4 | 3 |
| 2022 | $260,000 | $175 | 7 | 10 |
| 2021 | $195,000 | $148 | 4 | 13 |
| 2020 | $177,500 | $135 | 3 | 3 |
| 2019 | $163,995 | $109 | 35 | 3 |
| 2018 | $149,000 | $105 | 14 | 25 |
| 2017 | $145,475 | — | 32 | 34 |
| 2016 | $135,000 | — | 35 | 7 |
| 2014 | $125,192 | — | 118 | 10 |
| 2013 | $119,290 | — | 71 | 14 |
| 2012 | $119,938 | — | 0 | 10 |
Over the recorded series, Cove Gardens’s median sold price moved from $119,938 (2012) to $236,450 (12 months ending 2026-07-13) — +97% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $119,938. The 2020–22 run-up did what it did everywhere — Cove Gardens’s median moved +59% from 2019 to 2022. Against the 2022 peak of $260,000, the current median stands at -9%. Annual sales volume here has ranged from 1 to 34 closings a year (10-yr average 10.5). Small-community medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure in the table above.
Since 2008, 62 Cove Gardens listings were withdrawn, canceled, or expired without selling (1 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 25% of Cove Gardens listings ended without selling (withdrawn/canceled/expired); in 2025 that rate was 0%.
For buyers, the same table reads the other way: the sold medians above are what the market has actually been paying — an asking price meaningfully above the recent closed record, in a community absorbing at the rates shown, is an opening position, not a value.
The pattern in the statewide failure data applies here too: homes priced against the latest closed sales sell; homes priced against hope join the 201,552 that didn’t. The table above is the closed-sale record to price against.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A Momentum agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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More Cove Gardens: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs
Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures