True comps, carrying-cost math, and listings before the portals.
Price here is driven by condition and the individual property, not by a premium for the address. The median sits at $171,000, with a median of about $138 per square foot, which tells you this is a value-oriented market where what you pay tracks closely to the shape a home is in. With no community amenities identified from current listings, you are buying the house and the location, not a package of shared features.
The posture is genuinely balanced: roughly six months of supply and a market heat score of 29 point to a market that favors neither side sharply. But median days on market is around 72, so homes are not moving quickly. Sellers need patience and realistic pricing; buyers have room to negotiate and time to inspect rather than rush a decision.
🟡 Balanced market. 6.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Pensacola MLS records, as of July 13, 2026. Confidence: Medium (2 active and pending listings, 4 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 13, 2026 · Live data: Pensacola MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Myrtle Grove market snapshot (as of July 13, 2026): the median sale price is about $171K ($138 per sq ft over the trailing 12 months of closed sales), a median 72 days on market for closed sales, and 6.0 months of supply, a balanced market.
Myrtle Grove is a value-priced pocket of Pensacola where the median lands at $171,000 and pricing rewards move-in condition. Inventory is thin at the moment, so the mix of what is available matters more than any headline trend.
Aerial and on-site photos of Myrtle Grove. Swipe to explore the community.
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Myrtle Grove
Myrtle Grove
Myrtle Grove
Myrtle Grove
Myrtle GroveTight 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 25, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Myrtle Grove listings and the trailing twelve months of closed sales.
Our proprietary read on how a home in Myrtle Grove buys, holds, and resells. See the five factors.
Live MLS inventory for Myrtle Grove. 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 · 9 daysTop listing
Pending · 11 days
Pending · 6 daysActive and pending Myrtle Grove listings as of 2026-06-25, 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.
Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.
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 location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive from Myrtle Grove.
Drive times from Myrtle Grove. They are approximate and vary with traffic and your exact start point.
Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.
Explore more neighborhoods near Myrtle Grove Homes for Sale in Pensacola, FL with Momentum Realty’s local guides.
Carrying cost · the no-CDD edge
No CDD bond means thousands less per year than newer master plans.
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.
Myrtle Grove 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 Myrtle Grove address.
What actually shapes value in Myrtle Grove: it is a large, established, affordable southwest-Pensacola suburb just outside NAS Pensacola, with mostly older homes plus newer infill. Each item is sourced.
Our read on what is being built around Myrtle Grove, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.
Scale and an established, affordable location make Myrtle Grove a liquid, accessible market.
Proximity to the base drives steady demand, including from military households.
An accessible price and high ownership support steady demand.
Local schools anchor the area; confirm the zoning per home.
Varied vintage means reading each home on its own merits.
Aging roofs and systems on older homes are the main risk to underwrite.
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 Myrtle Grove, 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 ↓
Local guides describe Myrtle Grove as a quiet suburb of about 17,000 just outside NAS Pensacola, with mostly 1940s-to-1970s homes plus newer construction and a high rate of homeownership. Why it matters: A large, established, base-adjacent suburb supports steady, affordable resale demand. Source
Profiles note Myrtle Grove's older, well-established housing, its proximity to NAS Pensacola, and its walkable neighborhood playgrounds and corner markets. Why it matters: Sustained affordability and base proximity support resale despite older housing stock. 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 Myrtle Grove, this is the order of operations we would run, and the one we run for our clients.
Read the home, not just the area. In a large, older suburb, condition swings value house to house.
Budget older-home systems honestly. Roof, HVAC, wiring, and plumbing drive price and insurability.
Confirm any HOA on newer infill. Most older streets have none; some new builds may.
Check the NAS Pensacola commute. Confirm your real drive to base at your departure time.
Match the home to real comps. Older and newer homes can list close and be worth very different numbers.
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.
Myrtle Grove is a large, established southwest-Pensacola suburb (a CDP of about 17,000) just outside NAS Pensacola, with mostly 1940s-to-1970s homes plus newer infill, primarily medium-size single-family homes with some smaller and mobile homes, near Escambia High. There is no single HOA; condition drives value, so read each home.
Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.
Here are the broad resale bands in Myrtle Grove today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.
Original 1940s-to-1970s homes, the renovation route into an affordable area near the base.
Renovated or well-kept homes and newer infill, the heart of the market.
The largest newer-infill and best-kept homes, the strongest resale here.
Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.
Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.
Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.
The factors that actually move value in Myrtle Grove, condition, lot, and the renovation math, read from current listings and recent sales.
Renovated-listing inventory in Myrtle Grove is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.
On a preferred homesite (water, preserve, corner, or a larger lot), the homesite is the part of your money the market gives back at resale. The house can be renovated; the lot cannot, so premium lots hold their value better than interior ones. How much more they command varies by frontage, view, and condition, which is why we read it home by home against real comparable sales rather than a single headline figure.
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.
Our read on the factors that protect resale here, and the one to manage.
Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.
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.
The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.
1The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.
2A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.
3A premium homesite (water, preserve, or a preferred position) carries a real, durable premium. Pay a top price for an interior lot and you are buying the weakest version of the value.
4Two similar homes can cost very differently to own once the HOA, any CDD, insurance, and upkeep are priced in. Buyers who do not run the full monthly carrying cost misread the real number.
5An older home means older systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.
The affordable, base-adjacent location is the durable asset. The deal is won or lost on an honest read of an older home's condition.
Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.
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.
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 automated estimate, no guesswork.
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.
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.
The houses can be renovated, but the lot and view cannot. Golf frontage, lakefront, and preserve lots consistently command higher premiums and resell faster than interior lots backing to another home. The premium you pay for a great homesite is the discount you avoid when you sell.
The mistake is paying an estate price for a base interior lot. We help buyers spot which homesites carry real, durable premiums and which are dressed-up interiors, so your money lands where the market will give it back.
Open views over the course or the 26 community lakes. The scarcest, most in-demand homesites; they command the highest premiums and resell fastest.
Backing to protected preserve means privacy with no rear neighbor. A consistent favorite that holds value well above a standard interior lot.
Less traffic, more yard, and an easy walk to the club for some streets. A real but smaller premium that depends on the street and parcel size.
The most affordable way through the gates, and the best renovation value. Just do not pay a golf or lake price for one, this is where buyers most often overpay.
Most of Myrtle Grove has no community HOA; some newer infill pockets may. Confirm whether an HOA applies for a specific home.
Where no HOA applies, owners maintain their own property; confirm any HOA on newer infill per home.
No CDD is expected in this established area; confirm property taxes and any HOA per parcel.
Free calculators to pressure-test the real cost before you tour.
In Myrtle Grove, the right list price comes from recent comparable sales matched to your home's plan or vintage, condition, and lot, not an automated estimate.
If you are thinking about selling in Myrtle Grove, the right list price comes from recent comparable sales matched to your home, not an automated estimate. We build the case with real comps and a pricing strategy for the current market.
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.
Because buyers here are weighing your home against renovated comps and cross-shopping Bridle Trail Estates, 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.
Get a no-obligation home value based on real comparable sales in Myrtle Grove 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 homes for sale in Myrtle Grove on the map →
Median sale price over the trailing 12 months ending July 13 of each year, from record-level Pensacola MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($171K) IS the median in the snapshot above.
Windows contain 1 to 12 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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. Deemed reliable but not guaranteed.
Before the list price, the Florida math the portals skip. These are Escambia County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Escambia County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
36% of homes for sale in ZIP 32506 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-07-18).
Myrtle Grove is currently a buyer-leaning market (limited data). About 6.0 months of supply, a median asking price of $329,700, and homes go under contract in about 25.5 days.
Typical home value in the 32506 ZIP is $245,506, about 18.1% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: 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. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Live MLS inventory for Myrtle Grove. 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 Myrtle Grove listings as of 2026-07-03, 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.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Pensacola MLS. Map data © OpenStreetMap, tiles © CARTO.
Myrtle Grove is currently a buyer-leaning market (limited data). About 6.0 months of supply, a median asking price of $329,700, and homes go under contract in about 18.0 days.
Typical home value in the 32506 ZIP is $245,506, about 18.1% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: 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. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
If we were buying in Myrtle Grove today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Myrtle Grove.
Two active listings and only four closings in the measured window make this a small, low-volume market. That means individual homes swing the statistics, and a single well-kept or badly-worn property can move the median more than any broad shift. Read each listing on its own merits rather than assuming the neighborhood number describes it.
With about six months of supply and a median of 72 days on market, expect a deliberate pace. A seller who prices to condition and waits will find a buyer; one who overreaches will sit. Buyers should treat the longer marketing time as leverage and budget for inspection and any deferred maintenance, since price here is closely tied to the state of the house.
The location and the amenities are priced into every listing in Myrtle Grove. The deal is won or lost on condition, the comps, and the renovation math.
In a thin, condition-driven market like Myrtle Grove, the number that matters is the one on the specific house in front of you, not the neighborhood median. We walk the property, weigh its condition against the $137.97-per-square-foot benchmark, and price or negotiate from what is actually there. With a balanced market and a longer marketing window, our job is to keep expectations honest on both sides of the table.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Myrtle Grove sales matched to your home.
If you are thinking about selling in Myrtle Grove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
Get a no-obligation home value based on real comparable sales in Myrtle Grove, 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 homes for sale in Myrtle Grove on the map →
An honest fit check. We will tell you when it is not your community.
Explore more neighborhoods near Myrtle Grove with Momentum Realty’s local guides.
| Live listings | Pensacola MLS, refreshed twice daily (last: July 3, 2026) |
| Community market stats | Pensacola MLS closed sales, 12-month windows ending July 13, 2026 |
| Under-contract shares | Pensacola MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2007 (108 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Pensacola MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Pensacola MLS member average and 8 days faster, and we’ll price yours against live your area comps.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
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Buying or researching Duval County? See the full Duval County real estate market report - prices, inventory, schools, taxes, and every Duval County neighborhood.
Own a home here?
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the RealMLS member average and 8 days faster, and we’ll price yours against live your area comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Pensacola, Escambia & Santa Rosa or the full Neighborhood Finder.
