Why Live in Downtown Pensacola
Downtown Pensacola is a vibrant neighborhood known for its cultural attractions, including numerous parks and museums, as well as a lively dining and nightlife scene centered around Palafox and Jefferson streets. Residents enjoy a mix of historic homes, such as early 1900s bungalows and Victorian houses, alongside modern condos and coastal cottages. The area is pedestrian and bike-friendly, with many locals opting to walk or cycle to nearby bakeries, eateries, shops, and galleries. Dining options include The District: Seville Steak & Seafood and Restaurant IRON, both offering unique culinary experiences. The Palafox Market, open year-round on Saturdays, is a popular spot for fresh produce and handmade goods. For groceries, Publix is conveniently located just half a mile away.
Community spaces like Corinne Jones Park and Community Maritime Park provide ample things to do, from playgrounds and walking paths to free movie nights and concerts. Seville Square and Bartram Park host annual events such as the Great Gulfcoast Arts Festival and the Children’s Arts Festival. The neighborhood also features the Pensacola Museum of Art and the Pensacola Museum of History.
Students in the area attend the Escambia County School District, with Pensacola High School being highly rated and offering the International Baccalaureate Diploma Programme. Downtown Pensacola is 8 miles from Pensacola Beach, 5 miles from Pensacola International Airport, and 5 miles from Pensacola State College. The neighborhood is safer than the national average, making it a desirable place to live.
Home Trends in Downtown Pensacola, FL
On average, homes in Downtown Pensacola, Pensacola sell after 144 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown Pensacola, Pensacola over the last 12 months is $365,000, down 19% from the median home sale price over the previous 12 months.
Median Sale Price
$365,000
Median Single Family Sale Price
$455,000
Median Townhouse Sale Price
$1,787,500
Median 2 Bedroom Sale Price
$875,000
Median 1 Bedroom Sale Price
$120,000
Average Price Per Sq Ft
$357
Number of Homes for Sale
38
Last 12 months Home Sales
77
Median List Price
$474,950
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
-19%