ZIP 32506 Housing Market & Real Estate Update (Pensacola, FL) — February 22, 2026
32506 – February 22, 2026 – Pensacola-area check this week: values near $235K, sales near $275K, inventory ~180+ listings, and rates at 6.01%.
ZIP 32506 (Pensacola, Florida; Escambia County) is showing a steady-but-mixed winter market, with prices depending on whether you look at closed sales, typical values, or active listings.
Top takeaways
- Prices are mixed by dashboard: Redfin shows December 2025 median sale around $275K, while Zillow’s typical value sits closer to $235K.
- Inventory is active: Zillow’s snapshot shows 182 homes in for-sale inventory, and major portals show roughly 200+ active listings overall.
- Homes are still taking time: Redfin shows roughly 83 days on market (Dec 2025), while Zillow shows about 50 days to pending in its latest snapshot.
- Rates remain the big gatekeeper: Freddie Mac’s 30-year fixed average was 6.01% for the week ending February 19, 2026.
Market snapshot (latest available)
Values vs. closed sales: Zillow’s 32506 typical home value is $235,186 (data through January 31, 2026) and was essentially flat year over year (-0.2%). Redfin’s latest month shown for sales (December 2025) puts the median sale price at $275,000, up 5.8% year over year, with a median $148 per square foot.
Listings and pace: Zillow’s monthly housing-market panel for 32506 shows 182 homes in for-sale inventory and a 50-day median time to pending (January 31, 2026). Realtor.com’s ZIP-level market summary (December 2025 reporting period) shows 268 active listings and about 77 average days on market, which helps explain why buyers are seeing more room to negotiate on homes that need updates.
Rentals: Realtor.com’s local dashboard shows a median rent around $1,745 and 80+ rental properties tracked in the ZIP. If you are a homeowner considering leasing instead of selling, this is a reminder to compare the monthly payment you can lock in with today’s rates versus the rent you could realistically achieve after turn-ready repairs.
What’s for sale nearby (no addresses)
If you are shopping right now, it may help to split the search into a few buckets:
- Starter-friendly options: Redfin’s under-budget view for 32506 shows a large pool of lower-priced homes to sort by condition and insurance readiness (roof age, HVAC, electrical).
- Mainstream resale: Zillow’s 32506 search currently returns just over 200 results, with a wide spread between smaller 3-bedroom ranch-style homes and larger, updated properties.
- Cross-check pricing: Realtor.com’s 32506 portal view shows roughly 260 active homes and a median listing price in the mid-$200Ks, which is useful for sanity-checking list prices against the sold comps you are seeing.
ServiceXTC local pro help
Directory note: In this pull, we could not confirm 3–5 verified, ZIP-matched ServiceXTC provider pages to feature specifically for 32506. If you are a local home-service pro (home inspection, roofing, HVAC, plumbing, electrical, remodeling), getting listed helps buyers and sellers find you when prepping a home for market.
Sources
- Zillow: 32506 housing market and home values snapshot
- Redfin: 32506 housing market trends
- Realtor.com: 32506 ZIP market dashboard and rentals
- Zillow: 32506 homes-for-sale search results
- Realtor.com: 32506 homes-for-sale search results
- Freddie Mac PMMS: weekly mortgage rates
- UnitedStatesZipCodes: ZIP 32506 city and county
What are you noticing in 32506 right now: more price cuts, more homes sitting longer, or well-priced listings still moving quickly?