32506 (Pensacola)
Housing Market
Median sale price $229,000, up 11.7% year over year, with homes going under contract in about 33 days, 5 homes on the market.
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Housing Market Analyst
Inventory sits at 4.2 months of supply — balanced by the 3-to-6-month balanced benchmark, and 29% of listed homes are already under contract. Prices are up 11.7% versus the prior year and sellers are still collecting 94.9% of asking. Taken together, the data points to a seller-leaning market.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors sellers.
- Prices — balanced supply argues for a sideways market; condition and pricing decide individual outcomes.
- Negotiating power — sellers hold the leverage while 29% of inventory sits under contract.
- Mortgage sensitivity — at 4.3× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 32506 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on 32506 (Pensacola)
The median sale price across 32506 currently stands at $229,000, up 11.7% from a year ago. Buyers are paying a median of $160 per square foot. The typical home goes under contract in about 33 days. Sellers are capturing 94.9% of their original asking price on average.
There are 5 active listings on the market, with 2 more already under contract. At the current sales pace that works out to 4.2 months of supply — roughly balanced conditions by the standard six-month benchmark. 17 homes closed here over the trailing 12 months.
Zillow's home value index for Escambia County stands at $282,519. About 29% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 32506 is 65 of 100 — healthy market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of August 31, 2026.
32506 since 2012 — and where it’s heading
A median home here sold for $36,563 in 2012 and $264,642 over the last recorded year — 624% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (324 recorded sales)
Days on market by year
Home value trend · Escambia County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Median price · daily recalculation
What’s driving 32506
Top inbound states: AL, CA, VA, TX. Movers arriving report ~$62,404 average income. Source: IRS SOI county-to-county migration, 2022-2023
1,026 Citizens policies in force in Escambia County — the state-backed insurer of last resort. Budget insurance into any Escambia purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
1,366 single-family · 32 multi-family · 4.3 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
Sellers: price to the last 60 days of comps, not the peak — well-prepared listings are still commanding strong terms. Buyers: get underwritten now so you can move when the right house hits.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Escambia
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 32506 ← this page | $229K | 5 | 65 | |
| 32507 | $285K | 7 | 47 | Open → |
| 32526 | $279K | 4 | 54 | Open → |
Neighborhoods on the move
| LakewoodPensacola | $214K | 2 |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 32506 right now?
The data says conditions currently favor sellers in 32506 — the Momentum Score reads 65/100 with 4.2 months of supply. Buyers should come fully underwritten; sellers still set the pace here. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 32506 becoming more affordable?
No — the median sale price in 32506 is $229,000, up 11.7% versus the prior year, while sellers still capture 94.9% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
32506 (Pensacola) housing market FAQ
What is the median home price in 32506?
The median sale price in 32506 is currently $229,000, up 11.7% from a year ago, based on MLS sales data updated August 31, 2026.
Is 32506 a buyer's or seller's market right now?
The data currently favors sellers. 32506 scores 65 of 100 on the Momentum Score, with 4.2 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 32506?
The typical home in 32506 goes under contract in about 33 days, per current MLS data.
How many homes are for sale in 32506?
There are approximately 5 active listings in 32506 as of August 31, 2026.
Are home prices in 32506 rising or falling?
Median sale prices are up 11.7% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 32506 (Pensacola). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: August 31, 2026 at 7:34 AM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.