Myrtle Grove in Pensacola

Myrtle Grove
Homes for Sale in Pensacola, FL

Community in Pensacola · Escambia - Fl County
Median sale $171K
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True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
29/100
Market Heat
Cooler than normal
2013 → 2026 · 88 at the 2022 peak
0 is Myrtle Grove's coldest market since 2013, 100 its hottest. Today: 29. How it's scored
Built fromLive Pensacola MLS data19 years of closingsUpdated twice daily
Live · Myrtle Grove Housing Pulse Pensacola MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$171K
Median sold · 12 mo
$138/sf
Sold $/sqft · 12 mo
peak $138 in 2026
95.5%
Sale vs ask
Tempo
6.0mo
Supply
3 to 6 months is the balanced band
72days
Median DOM · closed
7 days at the 2022 low
0%
Under contract
Escambia - Fl: 28% (217 of 765)
2 · 0
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 6 a year
Track record · 19 years of records
3
Failed listings · 2026
peaked at 10 in 2009
1,453sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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.

Myrtle Grove Housing Pulse · Momentum Research · as of July 13, 2026

Myrtle Grove right now

🟡 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

The 60-Second Overview

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.

Best for

  • Value-focused buyers working near the $171,000 median who want the most house for the money
  • Buyers comfortable weighing condition and budgeting for repairs to capture a lower per-square-foot price
  • Patient sellers willing to price to condition and accept a longer marketing window

Probably not for

  • Buyers who need to close quickly in a fast-moving market
  • Those wanting HOA amenities like a pool or clubhouse, which current listings do not show
  • Sellers expecting a quick sale or a price disconnected from the home's condition

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.

Median sale price · trailing 12 mo
$50K$100K$150K$200K20122014201620182020202220242026
Every sale since 2007 · price vs size
$0$100K$200K$300K1k2k
108 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$75$100$12520122014201620182020202220242026
Up from $68 in 2012 to a $138 peak in 2026; $138 now.
Median days on market · closed sales
05010015020122014201620182020202220242026
7 days at the 2022 low; 72 now.
Sale price vs original ask · median
70%80%90%100%20122014201620182020202220242026
95.5% now.
Homes sold per 12-mo window
051020122014201620182020202220242026
1 to 12 a year; 4 in the current window.
Sellers who gave up · failed listings per year
0510200820122016202020242026
Canceled, expired, or withdrawn. 10 quit in 2009; 3 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
88 at the 2022 peak, 21 in the troughs, 29 now. Same score as the hero card, full history.

The real cost & risk here

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.

$1,751/mo
Escambia County typical true cost to own
$197/mo
Escambia County typical home insurance
Check CDD
Confirm before you offer

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.

Myrtle Grove Market Scorecard

Buyer-Leaning Market (limited data)

Myrtle Grove is currently a buyer-leaning market (limited data). About 6.0 months of supply, a median asking price of $324,950, and homes go under contract in about 56.0 days.

6.0
Months supply
$324,950
Median list
$171,000
Median sold
$138
Per sqft
56.0
Days on mkt
2/0/4
Active/Pend/Sold

Typical home value in the 32506 ZIP is $245,320, about 18.2% 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.

Housing distress & ownership in Myrtle Grove, Pensacola

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 50 listings

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. 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. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in Myrtle Grove

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.

Listing locations from Pensacola MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Escambia - Fl County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Myrtle Grove · Elementary
  • BAILEY · Middle
  • Escambia · High

Zoned schools reflect the assignments reported on recent Myrtle Grove listings and can change; always confirm with Escambia - Fl County Public Schools for a specific address.

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

If we were buying in Myrtle Grove today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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.

Best Buy
Buyers hunting value who can judge a home on condition rather than address.
Biggest Risk
Thin inventory means the median can mislead on any single home.
Sweet Spot
A sound, move-in-ready home priced near the median.
Avoid If
You need to buy or sell fast or want turnkey shared amenities.

A patient balanced market

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.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

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.

Myrtle Grove in 15 seconds.

Best forBuyers hunting value who can judge a home on condition rather than address.
Biggest advantageA balanced market with negotiating room and time to do diligence.
Biggest riskThin inventory means the median can mislead on any single home.
Sweet spotA sound, move-in-ready home priced near the median.
Avoid ifYou need to buy or sell fast or want turnkey shared amenities.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

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.

What is your Myrtle Grove home worth?

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 →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Myrtle Grove?
The median sale price in Myrtle Grove was $171K over the 12 months ending July 13, 2026 (4 closed sales, Pensacola MLS).
How long do homes in Myrtle Grove take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 72 days on market (4 sales, Pensacola MLS).
Is Myrtle Grove a buyer's or seller's market right now?
As of July 13, 2026, Myrtle Grove is roughly balanced: 6.0 months of supply at the current sales pace (Pensacola MLS live counts).
Who is the best real estate agent for Myrtle Grove?
The best agent for Myrtle Grove is one who actively works Pensacola and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Myrtle Grove.
How do I find a top Pensacola real estate agent who knows Myrtle Grove?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Myrtle Grove and the wider Pensacola area.
Can Momentum Realty connect me with an agent for Myrtle Grove?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Myrtle Grove purchase or sale - no call center and no pressure.
Value-focused buyers working near the $171,000 median who want the most house for the moneyExcellent fit
Buyers comfortable weighing condition and budgeting for repairs to capture a lower per-square-foot priceExcellent fit
Patient sellers willing to price to condition and accept a longer marketing windowExcellent fit
Buyers who need to close quickly in a fast-moving marketProbably not
Those wanting HOA amenities like a pool or clubhouse, which current listings do not showProbably not
Sellers expecting a quick sale or a price disconnected from the home's conditionProbably not

Nearby Communities

Explore more neighborhoods near Myrtle Grove with Momentum Realty’s local guides.

FPForest ParkPensacola, FL · 0.5 miWJWest Jackson TerracePensacola, FL · 0.5 miGGlendalePensacola, FL · 0.6 miTOTwin OaksPensacola, FL · 0.8 miBTBridle Trail EstatesPensacola, FL · 1.0 miSSherwoodPensacola, FL · 1.1 miLCLake CharlenePensacola, FL · 1.1 miSedgefield Estates PensacolaPensacola, FL · 1.1 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsPensacola MLS, refreshed twice daily (last: July 3, 2026)
Community market statsPensacola MLS closed sales, 12-month windows ending July 13, 2026
Under-contract sharesPensacola MLS records, as of 2026-07-12
Historical depthClosed-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?

You just read the data. Now see what your home is worth.

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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More Pensacola & Pensacola, Escambia & Santa Rosa guides

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