The Pensacola area, encompassing Escambia and Santa Rosa Counties, is renowned for its pristine white-sand beaches, rich history, and vibrant cultural scene. The city offers a laid-back yet sophisticated coastal lifestyle through its diverse dining options, lively festivals, and abundant outdoor activities. Let’s learn more about the major aspects that distinguish Pensacola as an appealing place to live.
Standout Neighborhoods in Pensacola
Cordova Park, East Hill, and East Pensacola Heights are among the city’s finest neighborhoods.
Featuring a variety of home styles, Cordova Park offers everything from single-family residences to spacious condos. This neighborhood is conveniently located near Bayou Boulevard, where you’ll find several restaurants and the Cordova shopping mall.
In East Hill, historic Victorian-style homes line the streets, complemented by street markers dating back to the 1800s. This neighborhood is also rich in restaurants, cultural centers, and panoramic parks with walking trails, sports courts, kayaking opportunities, and more.
Overlooking the picturesque Pensacola Bay and Bayou Texar, East Pensacola Heights is a beautiful neighborhood known for its boating scene and an array of waterfront dining establishments.
Enticing Attractions
Pensacola is brimming with historical and cultural attractions such as the National Naval Aviation Museum. Nearby, the Historic Pensacola Village offers a downtown district with preserved historic properties and guided tours. The Pensacola Beach Boardwalk is a central hub for both residents and visitors, as are the community’s wine bars, seafood market, and state parks.
Dynamic Events
Throughout the year, Pensacola hosts a variety of events. Discover a few below:
Gallery Night on Palafox Street: A monthly arts event in downtown Pensacola featuring local galleries, live music, and street performances.
Blue Angels Air Show: Held in July, this event attracts thousands to the Pensacola Beach shoreline to witness thrilling performances by the U.S. Navy Blue Angels squadron.
Pensacola Seafood Festival: A fall celebration of the city’s maritime heritage, where attendees can indulge in freshly prepared seafood dishes, enjoy live music, and browse a selection of arts and crafts.
Real Estate Insights
Overall, the Pensacola area’s real estate market appears stable and relatively favorable for both buyers and sellers. According to Redfin, in April, Escambia County’s median home sale price was $305,000, reflecting no change compared to last year, while Santa Rosa County showed a 2.7% year-over-year median sale price decrease at $365,000, with homes spending approximately 72 and 79 days on the market, respectively.
In Pensacola specifically, the median home sale price was $328,000, marking a 2.6% year-over-year increase, per Redfin’s April data. Residential properties typically entered pending status within 67 days, and it’s uncommon for homes to attract multiple offers. Year-over-year, the percentage of homes sold above the asking price was to 8.4%, a 9.93-point decrease.
