The typical Pensacola home was worth $266,727 in August 2026, up 1.2% in a year and below the Escambia County figure of $281,804, Zillow says.
Last checked Oct. 10, 2026, with Zillow data through August 2026 and Federal Housing Finance Agency data through the second quarter of 2026. Refreshed monthly. Questions about a specific property’s value or taxes: the Escambia County Property Appraiser, 850-434-2735.
The typical home in Pensacola was worth $266,727 in August 2026, according to the Zillow Home Value Index. That is up 1.2% from $263,477 a year earlier and about 2.6% below the city’s peak of $273,947 in July 2024. Values are about 43% higher than in August 2020.
What this means for you
- Buyers: prices in the city have been close to flat for three years, and the typical Pensacola home costs less than the Escambia County figure.
- Sellers: values are up a little from a year ago but have not regained the 2024 high.
- After Hurricane Isaias: insurance and repair costs after the Oct. 9 storm are not in these figures, which run through August. Check a home’s flood zone and wind mitigation before you buy; see our hurricane prep guide.
- Your own value for taxes: the Property Appraiser, 850-434-2735.
The Zillow index is a modeled value for a typical home in the middle third of the market, not an average sale price. Zillow revises past months as more sales come in.
Ten years of values
| August | Typical value | Change from prior year |
|---|---|---|
| 2016 | $134,980 | |
| 2018 | $156,611 | |
| 2020 | $186,932 | |
| 2021 | $225,138 | 20.4% |
| 2022 | $266,088 | 18.2% |
| 2023 | $270,433 | 1.6% |
| 2024 | $273,710 | 1.2% |
| 2025 | $263,477 | -3.7% |
| 2026 | $266,727 | 1.2% |
The big jump came in 2021 and 2022. Values then leveled off, slipped in 2025 and have edged up through 2026.
How Pensacola compares
| Place | August 2026 | August 2025 | Change |
|---|---|---|---|
| Gulf Breeze | $478,656 | $475,542 | 0.7% |
| Santa Rosa County | $350,816 | $346,355 | 1.3% |
| Cantonment | $326,265 | $323,586 | 0.8% |
| Pace | $325,343 | $323,218 | 0.7% |
| Milton | $287,336 | $282,657 | 1.7% |
| Escambia County | $281,804 | $277,877 | 1.4% |
| Pensacola | $266,727 | $263,477 | 1.2% |
Every place in the table rose a little over the year. Zillow does not publish separate figures for Brent, Ferry Pass, Ensley, Bellview, Myrtle Grove, Warrington or West Pensacola, which are unincorporated communities.
The wider metro area
The Federal Housing Finance Agency’s House Price Index for the Pensacola-Ferry Pass-Brent metro area, which tracks repeat sales and refinances of the same homes, stood at 422.52 in the second quarter of 2026, up about 1% from 418.47 a year earlier. The FHFA index covers Escambia and Santa Rosa counties and uses mortgage records, so it moves differently from Zillow’s city figure.
Census figures
The Census Bureau’s American Community Survey puts the median value of owner-occupied homes in Pensacola at $276,500 in its 2019-2023 five-year estimates. That figure is what owners said their homes were worth, averaged over five years. More on the city’s people and housing: Pensacola population and growth.
Where to look up a sale
Sale prices are public in Florida. Search any parcel’s sales history through the Escambia County Property Appraiser, and see recent deeds on our real estate transfers page.
Area by area: our Pensacola neighborhoods guide has ZIP code home values, zoned schools and commutes for nine parts of the city.
Related: property taxes, moving to Pensacola and hurricane prep, which covers evacuation zones.
Frequently asked questions
What is the average home price in Pensacola, Florida?
Zillow’s Home Value Index put the typical Pensacola home at $266,727 in August 2026. The Census Bureau’s survey-based median value for owner-occupied homes was $276,500 in its 2019-2023 estimates.
Are home prices going down in Pensacola?
Not in the past year. The typical value rose 1.2% from August 2025 to August 2026. It is still about 2.6% below the July 2024 peak of $273,947.
Is Pensacola cheaper than Gulf Breeze?
Yes. In August 2026 the typical home in Gulf Breeze was worth $478,656, about $212,000 more than in Pensacola. Escambia County as a whole was $281,804.
How much have Pensacola home values risen since 2020?
About 43%. Zillow’s index went from $186,932 in August 2020 to $266,727 in August 2026, most of that rise coming in 2021 and 2022.
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