32504
Pensacola, Florida
Pensacola 32504 is stable.
The 32504 ZIP code in Pensacola, Florida has a median sale price of $288K, up +12.5% year-over-year. Homes spend an average of 83 days on market, with 10% of homes selling above list price.
Folio's PropIQ™ score of 65 signals Caution conditions. This market is holding steady. Monitor inventory shifts before committing.
The 32504 market registers a median sale price of $287,500 with annual appreciation of 12.5%, outpacing national averages while homes spend 83 days on market. Only 10% of properties close above list price, indicating limited bidding pressure despite price growth. This combination of moderating velocity and sustained appreciation suggests the rapid acceleration phase has ended, though pricing power remains with sellers who price accurately.
Buyers gain negotiating leverage in this environment, with 90% of sales at or below list price and nearly three months of market exposure typical. Patient purchasers willing to conduct thorough due diligence can avoid overpaying, particularly on properties exceeding the 83-day benchmark. Sellers must recognize that pricing 5-7% above comparable sales will likely result in extended market time, though properly priced homes still capture the 12.5% annual gain.
The PropIQ score of 65 signals caution as momentum indicators diverge from price performance, suggesting current appreciation rates may not sustain through 2026. Watch for days-on-market extension beyond 90 days or above-list sales dropping below 8%, which would confirm deceleration. The gap between strong year-over-year numbers and weak buying urgency indicates this market transitions from expansion to stabilization.
What is the median home price in 32504 Pensacola?
The median sale price in 32504 is $288K, up +12.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in Pensacola 32504?
Homes in 32504 Pensacola spend an average of 83 days on market before going under contract.
Is Pensacola 32504 a good place to invest in real estate?
Folio's PropIQ™ score for 32504 is 65/100 — a Caution signal. 10% of homes sold above asking.
What does a PropIQ™ score of 65 mean for 32504?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 65 = Caution in 32504 Pensacola, Florida.