What $500K Buys in Escambia County, FL
A $500K budget buys a very different house depending on which Escambia County city you point it at. This page compares every city with at least five active listings within 10% of $500K — size, age, bed and bath count, price per square foot, how much of the inventory is new construction and how long it has been sitting — from today’s live MLS actives, and lists the communities with the most homes at that price. It refreshes every night.
There are 76 homes for sale in Escambia County, FL priced between $450,000 and $550,000 right now. At $500K, the typical home is 1,992 sq ft, built 2002, at $252/sq ft; 16% of them are new construction and the median has been on the market 60 days. The most house for the money is in Cantonment (2,604 sq ft median); the least in Perdido Key (1,741 sq ft); the newest in Perdido Key (median build year 2021).
What $500K buys, city by city
| City | Homes for sale | Median sq ft | Beds / baths | Median year built | $ / sq ft | New construction | Median DOM |
|---|---|---|---|---|---|---|---|
| Pensacola | 57 | 1,916 | 3 / 2.5 | 1999 | $262 | 14% | 66 |
| Cantonment | 10 | 2,604 | 4 / 3 | 2008 | $182 | 40% | 41 |
| Perdido Key | 5 | 1,741 | 3 / 2.5 | 2021 | $291 | 0% | 139 |
By ZIP code: where $500K goes furthest
The same budget by ZIP — useful where one city covers most of the county.
| ZIP | Homes for sale | Median sq ft | Median year built | $ / sq ft | New construction |
|---|---|---|---|---|---|
| 32507 Pensacola | 25 | 1,741 | 2006 | $291 | 0% |
| 32503 Pensacola | 10 | 1,777 | 1961 | $270 | 0% |
| 32533 Cantonment | 10 | 2,604 | 2008 | $182 | 40% |
| 32502 Pensacola | 8 | 1,754 | 2026 | $285 | 88% |
| 32501 Pensacola | 6 | 1,838 | 1940 | $274 | 0% |
| 32526 Pensacola | 6 | 2,773 | 1988 | $181 | 0% |
Communities with the most homes near $500K
| Community | City | Homes for sale near $500K | Median sq ft | Median year built |
|---|---|---|---|---|
| New City | Pensacola | 5 | 1,491 | 1938 |
| Chevalier | Pensacola | 3 | 2,560 | 1997 |
| Serenity | Perdido Key | 3 | 1,741 | 2022 |
| Reserve At Brookhaven | Cantonment | 2 | 2,950 | 2026 |
| Cordova Park | Pensacola | 2 | 2,012 | 1969 |
| Blue Angel Lake | Pensacola | 2 | 2,403 | 2001 |
| Redfish Harbor | Pensacola | 1 | 1,756 | 2021 |
| Scenic Terrace | Pensacola | 1 | 1,279 | 1999 |
| Pine Valley Estates | Pensacola | 1 | 2,918 | 1976 |
| Glenmoor Trail | Cantonment | 1 | 2,945 | 2003 |
| Grande Lagoon Lakes | Pensacola | 1 | 2,452 | 1997 |
| Bridgewood | Pensacola | 1 | 2,593 | 2005 |
| Iron Rock | Cantonment | 1 | 2,424 | 2026 |
| North Hill Highlands | Pensacola | 1 | 1,955 | 1945 |
| Gulf Beach Heights | Pensacola | 1 | 1,111 | 1964 |
How to read this
Counts and medians are computed from active MLS listings priced within 10% of $500K ($450,000–$550,000) as of September 27, 2026; property mix at this price: Single-family 82%, Condo 18%. Cities with fewer than five listings in the band are folded out of the city table but still count in the county total. Prices are asking prices, not closings — see the county page for sale-to-list ratios. Source: live MLS feeds compiled by Momentum Research. Other budgets in Escambia County: $300K, $400K, $750K. Back to homes for sale in Escambia County, FL.