Pensacola Real Estate Pulse February 22 2026

Pensacola Real Estate Pulse February 22 2026

📍 Pensacola’s housing market is showing signs of stabilization with a mix of buyer opportunities and neighborhood‑specific strength. Median home prices in the Pensacola area — including Escambia and parts of Santa Rosa — currently sit around the upper‑$290K to low‑$300K range, with some data showing Escambia County around roughly $300 K–$311 K and Pensacola proper near $292K–$310K. Inventory remains healthy with over 2,300 active listings, offering a wider variety of choice for buyers compared to the competitive frenzy of recent years. Average time on market has shifted toward a more moderate pace, giving buyers negotiating power while still allowing sellers to showcase value with thoughtful pricing and presentation.

🏡 Local ZIP code trends highlight diversity in pricing and market behavior. For example, the 32503 area sees median sales around $339,500, showing resilience in more established neighborhoods, while entry‑level markets like 32505 offer affordability with medians around $165,000 and quicker sales cycles. Many pockets throughout Pensacola and surrounding communities continue to attract buyers with lifestyle appeal — from historic districts to family‑friendly suburbs and close‑in coastal zones. Days on market differ by locale, but overall trends point to a more balanced local environment where timing, condition, and pricing strategy matter more than ever.

📈 Overall sentiment: steady but not overheated. National and statewide chatter reflects a broader cooling trend in Florida markets, and Pensacola is no exception — prices have shown modest growth or slight adjustments, and homes are taking a bit longer to sell than in the past. This dynamic creates windows of opportunity for both buyers and sellers: buyers can benefit from choice and negotiation room, and motivated sellers who price smartly are still seeing solid interest. As spring and summer approach — traditionally stronger selling seasons — local activity is expected to pick up, making now a thoughtful time to plan moves or assess investment strategies.

#LivingInPensacolaGroup #ColdwellBankerRealty

We can help you find your new home! Call today! Jaime Walker and Phil Baker from the Living In Pensacola Group™ at Coldwell Banker Realty. We have the experience and knowledge to help you make a smooth move!

(850) 429-4002

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The Living In Pensacola Group™ at Coldwell Banker Realty

Serving the Greater Pensacola area – Escambia County and Santa Rosa County Florida

Our office is in Pace Florida at 5561 Woodbine Road – Pace, FL 32571

You can reach us at (850) 429-4002, or by email at livinginpensacola@gmail.com

Pensacola Real Estate Pulse February 22 2026