Housing in 32502 Pensacola, FL is quite affordable compared to the US median housing value. The median housing value in this area is $307,000, which is slightly below the US house median of $338,100. Additionally, the 1 year house appreciation rate in 32502 Pensacola is 14.18%, which is significantly higher than the US 1 year house appreciation rate of 8.27%. This makes 32502 Pensacola a great place to invest in real estate as it provides a much higher return on investment than other parts of the country.
The median home cost in Pensacola (zip 32502) is $307,000. Home appreciation the last 10 years has been 133.7%. Home Appreciation in Pensacola (zip 32502) is up 20.1%.
Average Age of Homes
- The median age of Pensacola (zip 32502) real estate is 53 years old
The Rental Market in Pensacola (zip 32502)
- Renters make up 35.0% of the Pensacola (zip 32502) population
- 0.0% of houses and apartments in Pensacola (zip 32502), 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.