32502 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$81,000

  • -2.2% 1-year change
  • 1.0% 1-year forecast

The median home value in 32502 is $81,000. 32502 home values have declined -2.2% over the past year and Zillow predicts they will rise 1.0% within the next year.

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 32502 homeowners underwater on their mortgage is 23.2%, which is higher than Pensacola at 21.9%.

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Relative ZHVI
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32502 Market Overview

Data through Jul 31, 2015
  • $81,000 ZHVI
  • 1.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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32502 Market Health

Data through Jul 31, 2015
  • 1.1/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 23.2% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)
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Nearby Zip Codes

Name Median ZHVI
32561 $305,000
32504 $124,200
32503 $121,500
Name Median ZHVI
32501 $72,800
32505 $53,500
 

Listings & Sales

  • No data
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32502 Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $822 32502
    $947 Pensacola
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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