$10,000 Closing Credit*
$936,000
1,152 SqFt
2 Beds
•1 Full Bath
Kathryn Ray, Listing Office: PARADISE COASTAL REALTY, INC.
Is Pensacola Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Pensacola Beach has remained a Buyer's Market.
Key Takeaway
Pensacola Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pensacola Beach, FL
How much do homes in Pensacola Beach, FL cost?
Median Sold Price
$789,500
$550/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$29,500(+3.9%)
Key Takeaway
Homes in Pensacola Beach have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Pensacola Beach was $789,500 in December 2024, up 3.9% from last year, and the median price per square foot was $550.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $367.5K | $389.5K | +6.0% |
| 2 Bedrooms | $665K | $650K | -2.3% |
| 3 Bedrooms | $983.7K | $1.2M | +24.5% |
| 4 Bedrooms | $1.1M | $1.4M | +17.9% |
| 5+ Bedrooms | $2.5M | $2.6M | +4.8% |
Summary: Pensacola Beach housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 24.5%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 4.8%.
Housing Supply in Pensacola Beach, FL
How many homes are available in Pensacola Beach, FL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 105 | 113 | +7.6% |
Summary: The Pensacola Beach real estate market had 113 homes for sale in December 2024, a 7.6% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 9 | +50.0% |
| 2 Bedrooms | 56 | 58 | +3.6% |
| 3 Bedrooms | 20 | 25 | +25.0% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Pensacola Beach housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pensacola Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Pensacola Beach in December 2024, up by 20.0% month-over-month. Of the 11 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pensacola Beach, FL
How long does it take to sell a home in Pensacola Beach, FL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 134 Days | 156 Days | +16.3% |
Summary: Homes in Pensacola Beach had an average of 156 days on market in Dec 2024, up by 16.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Pensacola Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 12 homes were sold in Pensacola Beach; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listing information Copyright © 2025 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.