The housing in 32508 Pensacola, FL is a great value compared to the US median. The median value of a house in 32508 Pensacola, FL is $279,800 compared to the US median of $338,100. Furthermore, the one year appreciation rate of houses in 32508 Pensacola, FL is 14.18%, which is significantly higher than the US average of 8.27%. This indicates that home prices are rising faster in this area and could be a great investment for those looking to buy or invest in real estate in 32508 Pensacola, FL.
The median home cost in Pensacola (zip 32508) is $279,800. Home appreciation the last 10 years has been 133.7%. Home Appreciation in Pensacola (zip 32508) is up 20.1%.
Average Age of Homes
- The median age of Pensacola (zip 32508) real estate is 23 years old
The Rental Market in Pensacola (zip 32508)
- Renters make up 82.7% of the Pensacola (zip 32508) population
- 2.7% of houses and apartments in Pensacola (zip 32508), 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.