Momentum Housing Data · Home Values · Escambia - Fl County
Buying here? See New City Tract homes for sale and the New City Tract community guide (Pensacola).
New City Tract (Pensacola, FL): 105 recorded closings in the 12 months ending 2026-07-13, a 15-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 95.2% of original asking; the median sale took 32 days (window ending 2026-07-13).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $544,000 | $316 | 32 | 95.2% | 105 |
| 2025 | $517,500 | $297 | 33 | 96.1% | 104 |
| 2024 | $460,000 | $288 | 22 | 95.7% | 119 |
| 2023 | $507,500 | $289 | 8 | 98.1% | 110 |
| 2022 | $405,000 | $258 | 6 | 99.4% | 156 |
| 2021 | $377,000 | $224 | 14 | 98.4% | 174 |
| 2020 | $322,000 | $192 | 30 | 96.3% | 154 |
| 2019 | $270,000 | $180 | 35 | 95.2% | 119 |
| 2018 | $257,250 | $178 | 29 | 95.1% | 134 |
| 2017 | $235,000 | — | 21 | 97.1% | 123 |
| 2016 | $195,000 | $60 | 47 | 94.4% | 119 |
| 2015 | $157,000 | — | 38 | 96.0% | 133 |
| 2014 | $165,000 | — | 45 | 95.0% | 99 |
| 2013 | $168,000 | — | 90 | 93.8% | 99 |
| 2012 | $153,900 | — | 120 | 89.5% | 57 |
Over the recorded series, New City Tract’s median sold price moved from $153,900 (2012) to $544,000 (12 months ending 2026-07-13) — +253% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $153,900. The 2020–22 run-up did what it did everywhere — New City Tract’s median moved +50% from 2019 to 2022. Annual sales volume here has ranged from 57 to 174 closings a year (10-yr average 129.8).
Of the 266 recorded New City Tract closings since 2024, half landed between $390,000 and $716,875 (the middle two quartiles); the lowest recorded sale was $155,000 and the highest $8,000,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $300,000 | 25 (9%) | |
| $300,000 – $500,000 | 100 (38%) | |
| $500,000 – $700,000 | 68 (26%) | |
| $700,000 – $900,000 | 44 (17%) | |
| None and up | 29 (11%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Larger homes here have been selling at a higher price per square foot than smaller ones ($320 vs $294) — less common, and usually a sign of newer or upgraded product at the top of the range.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 782–1,491 sq ft | $294 | $351,500 | $155,000 – $535,000 | 88 |
| Mid-size homes 1,500–2,032 sq ft | $311 | $532,450 | $240,000 – $964,500 | 88 |
| Larger homes 2,037–10,485 sq ft | $320 | $807,500 | $280,000 – $8,000,000 | 90 |
From the live MLS feed as of 2026-09-03: 47 active listings (plus 10 pending) asking from $110,000 to $3,999,000, median $619,000; 16 of 47 have been on the market over 60 days (median 41 days so far); the homes listed or recently sold were built between 1900 and 2026 (median 1952), 6 of them new construction; none of the 65 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 73 ft); the features listings here most often name are Pavilion/Gazebo, Picnic Area, Dock, Fishing and Pier. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current New City Tract listings →
Current asking prices run a median $499,900 against the $544,000 recorded sold median (-8%) — the gap between what sellers hope and what the record shows. The market is carrying about 4.4 months of supply at the current sales pace. Since 2003, 1505 New City Tract listings were withdrawn, canceled, or expired without selling (54 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 42% of New City Tract listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 48%. Momentum’s market-heat index for New City Tract reads 33/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Asking prices here currently sit -8% under the recorded sold median — sellers are pricing to move, and the closed record above is the number a buyer's appraiser will see.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local 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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Communities buyers shopping New City Tract are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| Pensacola Richelieu | $178,500 | $200 | 100 | 4 |
| Aragon | $1,190,000 | $465 | 56 | 7 |
| Pensacola Scenic Arms | $115,500 | $123 | 89 | 4 |
| North Hill Highlands | $317,350 | $208 | 55 | 16 |
| School | Level | FLDOE grade |
|---|---|---|
| Cordova Park Elementary School | Elementary | — |
| Workman Middle School | Middle | — |
| Pensacola High School | High | — |
Assignments and grades as recorded/published; both change — verify current zoning with the district before relying on it. Grades are the state’s official FLDOE ratings, reported as published.
More New City Tract: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
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