Overview of Pensacola Neighborhoods

Pensacola, Florida is divided into 16 separate districts and almost 100 separate neighborhoods. Some of the notable neighborhoods in Pensacola include:

• Downtown Pensacola: The heart of the city, featuring historic sites, restaurants, and entertainment venues.
• Pensacola Beach: A popular tourist destination known for its white sand beaches and vibrant atmosphere.
• Perdido Key: A barrier island community with a laid-back vibe and pristine beaches.
• East Pensacola: A residential area with a mix of historic and modern homes.
• Uptown Pensacola: A neighborhood known for its historic homes and tree-lined streets.
• North Pensacola: A suburban area with a mix of residential and commercial developments.
• West Pensacola: A diverse neighborhood with a mix of residential, commercial, and industrial areas.
• Century: A small town located just north of Pensacola, known for its rural charm and agricultural heritage.

Pensacola, FL Real Estate Market Trends

The Pensacola real estate market has been experiencing growth in recent years. In September 2023, there were 183 homes for sale, representing a 2.8% increase compared to August 2023. The housing market conditions in Pensacola are currently considered a neutral market, with a slight seller's advantage. The average sale price of a home in Pensacola was $316,000 in August 2023, representing a 12.9% increase compared to the previous year.

• Housing Supply: The number of homes for sale in Pensacola has been increasing, with a 21.2% increase in August 2023 compared to July 2023.
• Homes Sold: In August 2023, a total of 37 homes were sold or pending in Pensacola, representing a 37.0% increase compared to the previous month.
• Days on Market: On average, homes in Pensacola sell after 55 days on the market, compared to 46 days last year.

Levin Rinke Realty Gulf Coast

Levin Rinke Realty is the leading independent real estate company in Pensacola, Gulf Breeze, and Pensacola Beach, Florida. With more than 30 years in business and over $3 billion in residential real estate sales, Levin Rinke Realty aims to empower its clients by simplifying the home buying and selling process with expert market knowledge, dynamic marketing, and the gold standard of customer service. When looking to buy or sell property in Pensacola, it is recommended to work with local experts like Levin Rinke Realty.