$1,544 Closing Credit*
$130,000
1,332 SqFt
3 Beds
•1 Full Bath
Katie Ates, Listing Office: 31 South Realty Co
Is West Pensacola, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, West Pensacola was a Seller's Market.
Key Takeaway
West Pensacola is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Pensacola, FL
How much do homes in West Pensacola, FL cost?
Median Sold Price
$170,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+3.0%)
Key Takeaway
Homes in West Pensacola have sold for 3% more than they did a year ago.
Summary: The median home sold price in West Pensacola was $170,000 in November 2024, up 3% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $45K | N/A |
| 2 Bedrooms | $107K | $148K | +38.3% |
| 3 Bedrooms | $170K | $174K | +2.4% |
| 4 Bedrooms | $195.9K | $203.5K | +3.9% |
| 5+ Bedrooms | $170K | $349K | +105.3% |
Summary: West Pensacola housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.3%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 105.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Myrtle Grove | $220K | $244.2K | +11.0% |
| Warrington | $244.5K | $254.4K | +4.1% |
| West Pensacola | $165K | $170K | +3.0% |
Housing Supply in West Pensacola, FL
How many homes are available in West Pensacola, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 121 | 125 | +3.3% |
Summary: The West Pensacola real estate market had 125 homes for sale in November 2024, a 3.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 20 | 19 | -5.0% |
| 3 Bedrooms | 73 | 77 | +5.5% |
| 4 Bedrooms | 21 | 21 | 0.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The West Pensacola housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 5.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 12 | -29.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Pensacola, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in West Pensacola in November 2024, down by 29.4% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for West Pensacola, FL
How long does it take to sell a home in West Pensacola, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 143 Days | +253.6% |
Summary: Homes in West Pensacola had an average of 143 days on market in Nov 2024, up by 253.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in West Pensacola are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 12 homes were sold in West Pensacola; 25% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 58% of homes were sold over 90 days.
Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Listing information Copyright © 2024 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.
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.