Market Insights

Reporting period: September 26 to October 26, 2026 · Pensacola, FL Metro Area

-30.3%

569

New Listings

-20.8%

602

Properties Sold

-1.3%

2,582

Active Inventory

+7.5%

$522K

Avg. Asking Price

Figures are estimates derived from available MLS data for informational purposes only, are not guaranteed, and should not be relied upon as an appraisal or professional advice.

6-Month Trend

Chart and neighborhood figures below were last reviewed for the period ending June 2026 and are updated periodically, not live.

Sales Activity

Average Sale Price

By Neighborhood

Pensacola Beach

$895K

Avg. Asking Price

+5.2% YoY28 days avg. on market

Gulf Breeze

$648K

Avg. Asking Price

+3.8% YoY22 days avg. on market

East Hill

$425K

Avg. Asking Price

+4.1% YoY31 days avg. on market

Navarre

$425K

Avg. Asking Price

+2.9% YoY35 days avg. on market

Pace

$379K

Avg. Asking Price

+1.8% YoY40 days avg. on market

Milton

$335K

Avg. Asking Price

+2.2% YoY38 days avg. on market

Pelican Realty & Co. serves home buyers and sellers across the Florida Gulf Coast, with a focus on the communities that make the Pensacola Bay area one of the most desirable places to live in the Southeast. From the historic streets and bayfront neighborhoods of Pensacola to the sugar-white shores of Pensacola Beach and Perdido Key, our agents help clients find the right home in the right setting — whether that’s a Gulf-front condo, a waterfront estate in Gulf Breeze, or a single-family home on a larger lot in Pace or Milton.

Our service area spans the Emerald Coast’s most sought-after communities, including Pensacola, Gulf Breeze, Navarre, Pace, Pensacola Beach, Milton, Perdido Key, Ferry Pass, Cantonment, and Bellview. Within each, we know the neighborhoods that define the local market — from East Hill and Cordova Park in Pensacola to Tiger Point and Oriole Beach in Gulf Breeze, the canopied streets of Bagdad in Milton, and the Gulf-front towers of Portofino on Pensacola Beach.

Whether you’re searching for a luxury waterfront home, a low-maintenance condo with rental potential, a new-construction single-family home, or acreage with room to grow, our team brings local expertise and a relationship-first approach to every transaction. Explore our community guides and active MLS listings to see what’s available in your corner of the Gulf Coast.

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