The housing market in 32504 Pensacola, FL is thriving. The median value for housing in this zip code is $249,100, which is significantly lower than the US median house value of $338,100. What's more, the one-year appreciation rate of 14.18% in 32504 Pensacola far exceeds the national average of 8.27%, indicating that buying a home in this area can be a great investment. This trend is likely to continue as people are attracted to the affordability and beauty of living in this coastal community.
The median home cost in Pensacola (zip 32504) is $249,100. Home appreciation the last 10 years has been 133.7%. Home Appreciation in Pensacola (zip 32504) is up 20.1%.
Average Age of Homes
- The median age of Pensacola (zip 32504) real estate is 38 years old
The Rental Market in Pensacola (zip 32504)
- Renters make up 36.3% of the Pensacola (zip 32504) population
- 1.2% of houses and apartments in Pensacola (zip 32504), 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.