West Pensacola, FL is a great place to live for those looking for a more affordable option in housing. With a median house value of $116,900, it is significantly lower than the US median house value of $338,100. It is also experiencing higher appreciation rates than the national average, with an appreciation rate of 14.18% compared to 8.27% nationally. This can make West Pensacola an excellent investment opportunity for those looking to purchase property in this area.
The median home cost in West Pensacola is $116,900. Home appreciation the last 10 years has been 133.7%. Home Appreciation in West Pensacola is up 20.1%.
Average Age of Homes
- The median age of West Pensacola real estate is 52 years old
The Rental Market in West Pensacola
- Renters make up 38.5% of the West Pensacola population
- 4.5% of houses and apartments in West Pensacola, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.