Coral Creek in Pensacola

Coral Creek

Established 1988 · Intracoastal West · ZIP 32224

An established, value-priced single-family neighborhood in west Pensacola near NAS Pensacola, Escambia County, where the value is the specific home, the lot, and the low-cost setting.

Established, value-pricedWest Pensacola, Escambia CountyLow HOA, near NAS
Live Market Pulse
57/100
Momentum
Balanced Market (limited data)
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
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Unlock Off-Market Coral Creek

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Pensacola MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulsePensacola MLS
$297K
Median Price
3.4mo
Supply
61days
Avg DOM
Balanced
Seller Leverage
$157/sf
Median $/Sqft
-6%
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Coral Creek reads as an established, value-priced single-family neighborhood in west Pensacola, ZIP 32506, close to Naval Air Station Pensacola, Corry Station, the Navy hospital, shopping, and the beaches (mygulfcoastlife.com; condoinvestment.com, 2026). Third-party sources describe predominantly three to four bedroom homes, commonly around 1,100 to 1,900 square feet, a reported low HOA, walking areas, and a pond, so the buy is the specific home and lot: confirm the home's era and systems, the HOA dues, the lot and any flood determination, and comp it against the closest comparable west Pensacola sale."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Coral Creek market snapshot (as of June 11, 2026): the median sale price is about $297K ($157 per sq ft), with homes averaging 61 days on market and 3.4 months of supply, a balanced market (limited data). Based on 14 recent closings in live Pensacola MLS data.

Coral Creek is an established single-family neighborhood in west Pensacola, Escambia County, ZIP 32506, near Naval Air Station Pensacola (mygulfcoastlife.com; condoinvestment.com, 2026).

Third-party sources describe predominantly three to four bedroom homes, commonly around 1,100 to 1,900 square feet, with a reported low HOA, so compare strictly by era, size, condition, and lot rather than a neighborhood average (condoinvestment.com, 2026).

The strength is the location near NAS Pensacola, Corry Station, the Navy hospital, shopping, Johnson Beach, and dining, with walking areas and a pond reported in the neighborhood (condoinvestment.com, 2026).

It is served by the Escambia County School District; assignments are set by address, so confirm the current zoned schools with the district.

Best for

  • Value buyers who want an established single-family home with a low HOA near NAS Pensacola
  • Military-connected buyers and renters who want quick base access
  • First-time buyers and investors comfortable pricing a home on era and condition

Probably not for

  • Buyers who want new construction or a large amenity community
  • Buyers who want a waterfront or beach location
  • Anyone unwilling to inspect the home and verify the lot, flood zone, and HOA

How Coral Creek is performing right now

57/100
momentum
Balanced Market (limited data)
Seller's marketBalancedBuyer's market
3.4Months of supplytight
11Median days on marketdays
0 : 4Under contract vs for salestrong demand
14Sold in last 12 monthsliquidity
+127%Median price since 2012appreciation
+15%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Pensacola MLS, as of June 11, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Coral Creek listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Coral Creek buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Coral Creek

Live MLS inventory for Coral Creek. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Coral Creek listings as of 2026-06-11, priced high to low. 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.. Tap any home to ask about it.

Listing locations from Pensacola MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Naval Air Station Pensacola~8 to 15 min · military
NAS Corry Station~6 to 12 min · military
Gulf Beach Highway~3 to 8 min · the corridor
Johnson Beach / Perdido Key~20 to 30 min · the coast
Downtown Pensacola~15 to 25 min · employers
Pensacola International Airport (PNS)~20 to 30 min · travel

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Coral Creek with Momentum Realty’s local guides.

Bridle TrailEstatesBridle TrailEstatesPensacola, FL · adjacentMyrtle GroveWestMyrtle GroveWestPensacola, FL · adjacentOld HickoryOld HickoryPensacola, FL · adjacentWestpointePlaceWestpointePlacePensacola, FL · 0.6 miBerkshireEstatesBerkshireEstatesPensacola, FL · 0.6 miMillviewEstatesMillviewEstatesPensacola, FL · 0.7 miMyrtle GroveMyrtle GrovePensacola, FL · 0.7 miSOSouthbayPensacola, FL · 0.9 miMarinersOaksMarinersOaksPensacola, FL · 0.9 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Coral Creek (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Escambia County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Coral Creek is served by Escambia County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Coral Creek address.

The takeaway

What is actually shaping value in Coral Creek, sourced and dated. We do not publish rumor.

Recent Developments in Coral Creek

Our read on what is being built around Coral Creek, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishAn established, value-priced west Pensacola neighborhood that trades on the specific home and a low-cost setting near NAS Pensacola, with base proximity and affordability as durable draws.

Proximity to NAS Pensacola and Corry

BullishNotable impact
SignificanceRadius: West Pensacola

Location near NAS Pensacola, Corry Station, and the Navy hospital supports durable demand from military-connected buyers and renters (condoinvestment.com, 2026).

Low HOA and value pricing

BullishNotable impact
SignificanceRadius: Coral Creek

A reported low HOA and value-oriented pricing make this an accessible entry point in west Pensacola; confirm the current dues and what they cover (condoinvestment.com, 2026).

Established stock and flood diligence

NeutralNotable impact
SignificanceRadius: Coral Creek

Condition varies on established stock and the area is near the coast; price each home on era and condition and confirm the FEMA flood zone for the specific parcel before you write.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Coral Creek, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. 2026
    Community

    Documented by third-party sources

    Third-party sources describe Coral Creek as an established, value-priced west Pensacola single-family neighborhood near NAS Pensacola, with predominantly three to four bedroom homes around 1,100 to 1,900 square feet, a low HOA, walking areas, and a pond. Why it matters: Verify the specific home, the HOA dues, the lot, the flood zone, and the schools before relying on them. Source

  2. 2024
    Taxes

    Escambia County millage and the parcel tax bill

    The Escambia County Property Appraiser publishes parcel values and the taxing authorities set the millage; the actual lines on a Coral Creek parcel set the carrying cost alongside the HOA dues and any flood insurance. Why it matters: Pull the specific parcel record and taxes from the Escambia County Property Appraiser and the FEMA flood determination before you write. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Coral Creek, this is the order of operations we would run, and the one we run for our clients.

1

Confirm the HOA dues and what they cover. Verify the current dues, reported to be low, any deed restrictions, and any CDD before you write.

2

Inspect the home and systems for its era. Confirm the roof, wiring, plumbing, and HVAC and budget for them; price the home on its condition.

3

Verify the lot and survey. Confirm the lot lines, easements, and any pond adjacency for the specific property.

4

Pull the flood zone and the tax bill. Confirm the FEMA flood determination and the Escambia County parcel taxes before you write.

5

Comp on era and condition. Price the home against the closest comparable west Pensacola sale of similar era, size, and condition.

Best Buy
An updated home on a clean, dry lot with modernized systems and the low HOA confirmed, priced to its true era and condition.
Biggest Risk
Outdated systems on an older home, an unverified flood issue near the coast, or overpaying relative to comparable west Pensacola sales.
Best Lot
The lot, the home's era, and its condition are the value here; verify all three, plus the HOA.
Smart Timing
A low-cost location near the bases rewards a prepared buyer or investor who has inspected the home and comped it honestly.
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Coral Creek is an established, value-priced single-family neighborhood in west Pensacola, Escambia County, ZIP 32506, near Naval Air Station Pensacola, with predominantly three to four bedroom homes around 1,100 to 1,900 square feet, a reported low HOA, walking areas, and a pond (mygulfcoastlife.com; condoinvestment.com, 2026). Value is read home-by-home on era, condition, and lot, and the central diligence items are the home's systems, the HOA dues, the lot and any pond adjacency, the FEMA flood zone, and the Escambia County parcel taxes.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Entry: smaller or original-condition homes
$255K to $285K

Smaller and original-condition homes are the value entry here. Confirm the HOA, the systems, the lot, and the flood zone before you write (third-party context, 2026, not MLS).

Lowest entry
Mid: updated three to four bedroom homes
$285K to $325K

Updated three to four bedroom homes are the core of the neighborhood. Price each on its era, condition, and lot against the closest comparable sale.

Most inventory
High: larger or fully renovated homes
$325K to $365K

Larger and fully renovated homes sit at the top here. Price each on its own era, condition, and lot, not a neighborhood average.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$255K to $285K
Entry: smaller or original-condition homes
Smaller and original-condition homes are the value entry here. Confirm the HOA, the systems, the lot, and the flood zone before you write (third-party context, 2026, not MLS).
$285K to $325K
Mid: updated three to four bedroom homes
Updated three to four bedroom homes are the core of the neighborhood. Price each on its era, condition, and lot against the closest comparable sale.
$325K to $365K
High: larger or fully renovated homes
Larger and fully renovated homes sit at the top here. Price each on its own era, condition, and lot, not a neighborhood average.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central Intracoastal West locationStrong
Scarce golf and lake homesitesStrong
$30M club reinvestment to 2028Positive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Coral Creek

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Coral Creek is established, value-priced west Pensacola living near the bases. The deal is read home-by-home in the era, the condition, the systems, the lot, the low HOA, and the flood picture, not a neighborhood average.

Jon Brooks · Founder, Momentum Realty
6.5B · Buy Score
Resale Strength6.3/10
Renovation Risk5.8/10
Location Efficiency7.2/10
Long-Term Defensibility6.2/10
Carrying Cost Advantage6.6/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Coral Creek is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Pensacola MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Pensacola MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Pensacola MLS; for orientation, not an appraisal.

15-Second Take
  • The lot, the home's era, and its condition are the value; verify all three.
  • Confirm the low HOA, the flood zone, and the Escambia County taxes.
  • Comp against the closest comparable west Pensacola sale.

In an established, value-priced neighborhood like Coral Creek, value is driven by the specific home, its condition, and its lot, plus the low HOA and the flood picture near the coast, not a single average. That means confirming the dues and any rental rule, inspecting the home and budgeting for its era-specific systems, confirming the lot and any pond adjacency, verifying the FEMA flood zone and the Escambia County parcel taxes, then pricing the home against the closest comparable west Pensacola sale, with affordability and base proximity as the durable advantage.

Coral Creek in 15 seconds.

Best forValue buyers who want an established single-family home with a low HOA near NAS Pensacola.
Strong onProximity to NAS Pensacola and Corry, a reported low HOA, value pricing, walking areas, and a pond.
WatchVarying home condition and systems, the FEMA flood zone near the coast, and the HOA dues.
Not forBuyers who want new construction, a large amenity community, or a waterfront location.
The edgeA low-cost, established neighborhood near the bases lets a prepared buyer or investor find value and price honestly.

HOA, CDD & Fees

15-Second Take
  • Confirm the HOA dues, reported to be low, and any deed restrictions.
  • Inspect era-specific systems and verify the FEMA flood zone for the specific home.
  • No CDD is expected; confirm per parcel.

Coral Creek is reported to have a low homeowners association fee; confirm the current dues, what they cover, any deed restrictions, and any CDD before you offer. No CDD is expected; confirm per parcel.

Third-party sources describe walking areas and a pond rather than a resort amenity package. Confirm what the dues cover in the community documents.

The value is the low-cost, established setting near NAS Pensacola and the beaches, with walking areas and a pond; confirm what the dues cover in the community documents.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Coral Creek, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Heron's Forest, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Coral Creek home worth?

Get a no-obligation home value based on real comparable sales in Coral Creek matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See the full Coral Creek home value & selling guide, recent comps, fees, and 2026 timing →

Real comps, not a Zestimate.

Price History: What Homes Here Have Actually Sold For

Median sale prices in Coral Creek year by year since 2012, from closed MLS sales. A long track record beats a single estimate, showing what this community has really done through rate cycles rather than what a model predicts.

Coral Creek Market Scorecard

Seller's market

Coral Creek is currently a seller's market. About 3.4 months of supply, a median asking price of $318,950, and homes go under contract in about 18 days.

3.4
Months supply
$318,950
Median list
$297,000
Median sold
$180
Per sqft
18
Days on mkt
4/0/14
Active/Pend/Sold

Typical home value in the 32506 ZIP is $244,154, about 18.1% below the Florida norm (Zillow Home Value Index).

Zoom out for the wider market: ZIP market scorecard.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Coral Creek?
It is an established single-family neighborhood in west Pensacola, Escambia County, ZIP 32506, near Naval Air Station Pensacola.
What kind of homes are in Coral Creek?
Third-party sources describe predominantly three to four bedroom homes around 1,100 to 1,900 square feet (condoinvestment.com, 2026). Compare by era, size, condition, and lot.
What do homes cost in Coral Creek?
Pricing is value-oriented and varies by size, lot, era, and condition (illustrative, not MLS). Confirm current pricing for a specific home.
Is there an HOA?
Third-party sources report a low HOA; confirm the current dues, what they cover, and any deed restrictions before you offer (condoinvestment.com, 2026).
Is there a CDD?
No CDD is expected here, but confirm per parcel.
Is it near NAS Pensacola?
Third-party sources place it close to NAS Pensacola, Corry Station, and the Navy hospital; confirm the exact drive for a specific address (condoinvestment.com, 2026).
What is nearby?
NAS Pensacola, Corry Station, Gulf Beach Highway, Johnson Beach, and shopping, plus the destinations noted above.
What should I inspect on a home here?
Confirm the roof, wiring, plumbing, and HVAC for the home's era; budget for them and price the home on its condition.
Is Coral Creek in a flood zone?
Near the coast, confirm the FEMA flood zone and insurance for the specific lot before you write.
What schools serve Coral Creek?
It is served by the Escambia County School District; confirm the current zoned schools by address with the district.
Is Coral Creek good for investors?
Its affordable stock, low HOA, and base proximity can suit investors; confirm the HOA and any rental rules, the condition, the lot, and the flood zone, and price each home on its own merits.
Should I use the listing agent to buy in Coral Creek?
No. The listing agent works for the seller. On a home where condition, the lot, and the flood zone move value, having your own representation, which costs you nothing as the buyer, is the highest-leverage decision you make.
Value buyers who want an established single-family home with a low HOA near NAS PensacolaExcellent fit
Military-connected buyers and renters who want quick base accessExcellent fit
First-time buyers and investors comfortable pricing a home on era and conditionExcellent fit
Buyers who want new construction or a large amenity communityProbably not
Buyers who want a waterfront or beach locationProbably not
Anyone unwilling to inspect the home and verify the lot, flood zone, and HOAProbably not

Get the inside read on Coral Creek

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Coral Creek home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Coral Creek specialist will reach out personally, usually the same day.

Coral Creek median home price history from 2012 to 2026 — chart by Momentum Realty
Median sale price in Coral Creek, Florida by year (2012–2026). Source: Momentum Realty.
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Multiple Listing Service of the Pensacola Association of REALTORS®. Information deemed reliable but not guaranteed.

Zoom out before you decide: see the Pensacola area market guide or every community in the Neighborhood Finder.

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