The housing market in 32503 Pensacola, FL is thriving. The median value of homes in 32503 Pensacola, FL is $275,600 which is significantly lower than the US median house value of $338,100. However, the one year appreciation rate for housing in 32503 Pensacola is 14.18%, much higher than the US one year house appreciation rate of 8.27%. This shows that investing in real estate in 32503 Pensacola could be a great way to gain substantial returns on your investment over time.
The median home cost in Pensacola (zip 32503) is $275,600. Home appreciation the last 10 years has been 133.7%. Home Appreciation in Pensacola (zip 32503) is up 20.1%.
Average Age of Homes
- The median age of Pensacola (zip 32503) real estate is 50 years old
The Rental Market in Pensacola (zip 32503)
- Renters make up 34.9% of the Pensacola (zip 32503) population
- 1.5% of houses and apartments in Pensacola (zip 32503), 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.