Home Values

Pensacola 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

$112,300

  • 2.3% 1-year change
  • 2.6% 1-year forecast

The median home value in Pensacola is $112,300. Pensacola home values have gone up 2.3% over the past year and Zillow predicts they will rise 2.6% within the next year. The median list price per square foot in Pensacola is None. The median rent price in Pensacola is $895, which is lower than the Pensacola Metro median of $1,050.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Pensacola is 6.7%, which is higher than the national value of 6.0%. 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 Pensacola homeowners underwater on their mortgage is 21.9%, which is higher than Pensacola Metro at 20.3%.

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Relative ZHVI
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Pensacola Market Overview

Data through May 31, 2015
  • $112,300 ZHVI
  • 2.6% 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
    (May 31, 2016)
  • No data Median listing price
  • $136,975 Median sale price
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Pensacola Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 21.9% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 6.7% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Orange Beach $300,100
Gulf Breeze $223,500
Elberta $177,600
Name Median ZHVI
Cantonment $147,100
Molino $144,900
Lillian $144,300
Name Median ZHVI
Summerdale $132,100
Milton $123,800
Robertsdale $117,100

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $81 Median sale price / sq ft
  • No data Listings with price cut
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Pensacola Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $943 Pensacola
    $1,100 Pensacola Metro
    $1,367 United States

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

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $895 Rent list price
  • $0.70 Rent list price / sq ft
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