Welcome to our 32503 real estate data hub, tailored for investors in Pensacola, FL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 32503 in Pensacola, FL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in ESCAMBIA COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Pensacola, FL real estate investing. Uncover the wealth of information available, and position yourself for success in the Pensacola property market.
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Location Overview
- Zip Code: 32503
- City: Pensacola
- State: FL
- Metro Area: Pensacola-Ferry Pass-Brent, FL
- County Name: ESCAMBIA COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $268,918
- Average Home Price (Single Family Homes): $276,634
- Average Monthly Rental Price (All Types): $1,583
- Price-to-Rent Ratio: 14
- Zillow Projected % appreciation from 4/2023-4/2024: 3.2%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,140
- Average 3 Bedroom Section 8 Rental Rates: $1,580
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 19.66
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.18
- Number of Units Offered in Section 8 in the County: 2449
- Number of Occupied Units in Section 8 in the County: 2338
- Percentage of Section 8 Units Occupied in the County: 95.5%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 335.01
- Total % Appreciation since 2000 (Government Data): 193.04
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.47%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 5.48%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 46.81%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 76.59%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 163.38%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 95.49%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 191.19%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.44%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 6.53%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%