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Market Snapshot

Median listing price
$492K

The median listing price in Pensacola, FL ZIP 32507 is $491,500 as of June 2026.

Median rent
$1,800/mo

The median market rent in Pensacola, FL ZIP 32507 is $1,800/month as of June 2026.

Days on market
213 days

The median days on market in Pensacola, FL ZIP 32507 is 213 days as of June 2026. The market is currently cold.

Gross rental yield
4.39%

At a median list price of $491,500 and a median rent of $1,800/month, the gross rental yield in Pensacola, FL ZIP 32507 is 4.39% as of June 2026.

STR vs LTR
$1,844/mo STR · $1,800/mo LTR

In Pensacola, FL ZIP 32507, median Airbnb revenue is $1,844/month compared to median long-term rent of $1,800/month as of June 2026.

Pensacola, FL 32507 Real Estate Market Report

ZIP Code: 32507

Report Date: June 2026

Market Temperature:
COLD

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
357
Active Listings
178
Sold Properties
179

Market Metrics

Median Listing Price
$491,500
Median Sold Price
$269,000
Median Price per Sqft
$191/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,800

Property Taxes

Property Tax Rate
0.76%

Liquidity & Velocity

Median Days on Market
213
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Price YoY Trend
flat
Market Temperature
cold
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. The neighborhood's primary market indicator is the median sold price: $269,000, which represents the most reliable measure of recent transaction value and, together with a cold market temperature, suggests buyer-favorable conditions in the current cycle.
  2. There is a material spread between median listing price $491,500 and median sold price $269,000, which may indicate pricing friction and a seller expectation mismatch; with the price year-over-year trend reported as flat, that listing-to-sale gap could persist absent price adjustments.
  3. Liquidity is slow: median days on market 213 reflects extended marketing times and slower sales velocity, which appears to increase buyer negotiation leverage and may elevate carrying costs for sellers.
  4. Rental demand shows resilience with median market rent $1,800 and a rent year-over-year trend of up; however, elevated interest rate pressure (elevated) could constrain purchase activity even as rental fundamentals strengthen.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

16767 Perdido Key Dr, Pensacola, FL 32507
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

7 beds8 baths5,262 sqft
$4,200,000
Mar 1, 2026
$798/sqft/sqft
502 days on market
14021 Perdido Key Dr, Pensacola, FL 32507
Premium

Sold above market average

5 beds6 baths4,304 sqft
$3,500,000
Apr 1, 2026
$813/sqft/sqft
1574 days on market
11639 Chanticleer Dr, Pensacola, FL 32507
Premium

Sold above market average

5 beds5.25 baths7,496 sqft
$2,300,000
Mar 1, 2026
$307/sqft/sqft
354 days on market
1126 Freeboard Blvd, Pensacola, FL 32507
Value

Sold below market average

3 beds2.75 baths1,995 sqft
$334,000
Mar 1, 2026
$167/sqft/sqft
192 days on market
5416 Arrowhead Rd, Pensacola, FL 32507
Market Benchmark

Sold at market average

3 beds2 baths1,589 sqft
$330,000
Apr 1, 2026
$208/sqft/sqft
95 days on market
12 Pamlico Cir, Pensacola, FL 32507
Value

Sold below market average

3 beds3.75 baths2,759 sqft
$330,000
Mar 1, 2026
$120/sqft/sqft
258 days on market
1829 Bainbridge Ave, Pensacola, FL 32507
Value

Sold below market average

2 beds1 baths984 sqft
$100,000
Apr 1, 2026
$102/sqft/sqft
213 days on market
8927 Jupiter Dr, Pensacola, FL 32507
Value

Sold below market average

- beds2 baths1,713 sqft
$100,000
Apr 1, 2026
$58/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$191/mo
32507 Avg Rent
32507 Cost to Own
Rent$1,800
Own$1,609

20% down, 6.50% rate, 0.8% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

32507 Avg nightly rate
32507 Avg occupancy (days/year)
Nightly rate$211/night
Occupancy103 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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