Pensacola, FL 32507 Real Estate Market Report

ZIP Code: 32507
Report Date: May 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.

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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.

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Market Metrics

Note: 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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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.

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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.

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Key Findings

1. The primary market indicator, the median sold price at 300,000, shows recent transaction values that sit well below the median listing price of 455,000, suggesting a meaningful pricing gap and seller pricing friction between asking and achieved sale levels.

2. Liquidity appears soft: the median days on market is 255, which indicates slower sales velocity and that properties are taking substantially longer to transact compared with typical market turnover.

3. Market-wide signals are cautionary: the market temperature is identified as cold, price year-over-year trend is flat, and interest rate pressure is described as elevated, collectively suggesting buyer leverage and constrained appreciation momentum.

4. Valuation and rental context: the median price per square foot is 179 and median market rent is 1,795, which combined with flat rent growth and cold market temperature suggests investors and owner-occupiers should expect stable-to-soft income and capital performance in the near term.

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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.

Pensacola, FL 32507 Real Estate Market Report

ZIP Code: 32507
Report Date: May 2026
Market Temperature: COLD
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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.

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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.

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Key Findings

1. The primary market signal is the 524,000 median sold price, which represents the most reliable indicator of recent transaction value and suggests that completed transactions are clustering near this level rather than at asking prices; flat price trajectory year‑over‑year and a cold market temperature may limit upward price momentum.

2. There is a notable spread between the 469,000 median listing price and the 524,000 median sold price, which appears to reflect pricing friction and elevated seller expectations versus recent transaction outcomes; sellers should consider aligning listing strategies with representative recent sale values to improve sale certainty.

3. Liquidity is slow: the 408 median days on market indicates extended listing durations and slower sales velocity, which may increase buyer negotiation leverage and suggests sellers should expect longer marketing timelines or price concessions; cold market temperature and elevated interest rate pressure reinforce this dynamic.

4. Market fundamentals show mixed signals for investors and occupiers: the 401 median price per square foot and the 1,499 median market rent combined with a flat rent year‑over‑year trend imply limited near‑term upside from rental growth, while elevated interest rate pressure may further constrain short‑term demand.

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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.