Pensacola, FL Housing Market Report

The Pensacola housing market is currently exhibiting signs of a gradual stabilization following a period of minor correction. As of December 2025, the median home value stands at $258,070, reflecting a modest year-over-year decline of 1.87%. However, recent monthly data suggests a recovery is underway, with prices rising steadily since August. With active inventory down nearly 2% and homes spending an average of 80 days on the market, the environment is shifting toward a more balanced state, though it still slightly favors buyers who have the patience to negotiate.

Price trends over the last six months indicate a resilient floor for property values in the Pensacola-Ferry Pass-Brent metro area. After hitting a low point in late summer, values have climbed for four consecutive months. This upward momentum, paired with a sale-to-list ratio of 0.98, suggests that sellers are pricing their homes accurately and are generally receiving offers within 2% of their asking price. The rental market remains a strong counter-indicator of demand, with median rents rising 2.24% to $1,587, which may push more long-term residents toward homeownership as a means of locking in housing costs.

Looking ahead, the outlook for Pensacola is one of cautious optimism. The slight contraction in inventory suggests that supply is not keeping pace with the steady demand for the Florida Panhandle's coastal lifestyle and military-driven economy. For buyers, the current window offers a rare combination of lower year-over-year prices and a relatively high number of days on market, providing leverage that may disappear if the recent monthly appreciation trend continues. Sellers should remain mindful that while the market is firming up, the 80-day average time to sell requires a strategic marketing approach and realistic initial pricing to attract serious offers.