House Prices

Myrtle Grove Pensacola, FL House Prices & Home Values 2026


Average Data

average house price$255,187
average size per house2111 ft²
average price per ft²131 $ / ft²

04/05/2026 - The value range (VR) for house prices in Myrtle Grove Pensacola, FL is $124.45/ sqft to $137.55/ sqft. An average home with 2111 sqft costs approximately $282,943 to $312,727. Pensacola, FL includes 1 ZIP codes and it is located in Escambia county. The lowest prices are found in ZIP 32506, while the highest are in ZIP 32506. The average price per sqare feet is $131. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Myrtle Grove Pensacola

32506113 $ / ft²




Historical development of home values in Myrtle Grove Pensacola

Year Estimated value (USD) Change vs. 2025
2010 $118,513 -53.6%
2011 $113,931 -55.4%
2012 $113,624 -55.5%
2013 $117,871 -53.8%
2014 $123,732 -51.5%
2015 $130,082 -49.0%
2016 $136,871 -46.4%
2017 $144,258 -43.5%
2018 $152,234 -40.3%
2019 $159,292 -37.6%
2020 $167,527 -34.4%
2021 $190,544 -25.3%
2022 $222,131 -13.0%
2023 $234,248 -8.2%
2024 $247,800 -2.9%
2025 $255,187 0.0%

Graph: estimated home values in Myrtle Grove Pensacola over time (USD)



Example: 100% financing house in Myrtle Grove Pensacola

Loan amount: $255,187

Interest rate: 6.46%

Fixed monthly payment: $1,606.58

Breakdown in the 1st month:
Interest portion: $1,374.18  –  Principal portion: $232.40

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,406.09 $2,872.92 $252,314.08
2 $16,214.84 $3,064.16 $249,249.92
3 $16,010.86 $3,268.14 $245,981.78
4 $15,793.31 $3,485.69 $242,496.09
5 $15,561.27 $3,717.73 $238,778.36
6 $15,313.78 $3,965.22 $234,813.14
7 $15,049.82 $4,229.18 $230,583.96
8 $14,768.29 $4,510.71 $226,073.26
9 $14,468.02 $4,810.98 $221,262.28
10 $14,147.76 $5,131.24 $216,131.04
11 $13,806.18 $5,472.82 $210,658.22
12 $13,441.86 $5,837.14 $204,821.09
13 $13,053.29 $6,225.71 $198,595.38
14 $12,638.86 $6,640.14 $191,955.24
15 $12,196.83 $7,082.17 $184,873.07
16 $11,725.38 $7,553.62 $177,319.45
17 $11,222.55 $8,056.45 $169,262.99
18 $10,686.24 $8,592.76 $160,670.23
19 $10,114.23 $9,164.77 $151,505.46
20 $9,504.14 $9,774.86 $141,730.61
21 $8,853.45 $10,425.56 $131,305.05
22 $8,159.43 $11,119.57 $120,185.48
23 $7,419.22 $11,859.79 $108,325.70
24 $6,629.73 $12,649.28 $95,676.42
25 $5,787.68 $13,491.32 $82,185.10
26 $4,889.58 $14,389.42 $67,795.68
27 $3,931.70 $15,347.30 $52,448.38
28 $2,910.05 $16,368.95 $36,079.42
29 $1,820.39 $17,458.61 $18,620.81
30 $658.19 $18,620.81 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Myrtle Grove Pensacola, FL


1500 sqft3900 sqft
Ø selling price$256,073$544,737
Ø fast selling$232,794$490,264
Ø high price sale$279,353$599,211

In 2026, houses in Myrtle Grove Pensacola, FL will be offered at an average price of $131 per square foot. A 1,500 sqft home priced at $256,073 is 24.77% more expensive per square foot than a 3,900 sqft home priced at $544,737. Home prices in Myrtle Grove Pensacola, FL vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $377,126. Sellers who can wait longer may achieve a higher price of up to $460,932.


Discover Myrtle Grove in Pensacola, FL

Overview

Myrtle Grove is a convenient, residential neighborhood in Pensacola, FL, known for its established charm and Gulf Coast convenience.
Located just west of downtown and near Naval Air Station Pensacola, it offers a balanced lifestyle for families, professionals, and retirees.

Location and Accessibility

Residents enjoy quick access to major corridors like Mobile Highway (US-90), New Warrington Road (SR-295), and Lillian Highway, streamlining commutes across Escambia County.
The neighborhood is a short drive from pristine beaches, bustling downtown Pensacola, and bayou-front recreation.

Housing and Real Estate

Housing in Myrtle Grove ranges from mid-century ranch homes to renovated cottages and newer builds, providing options for a variety of budgets.
Its relative affordability and steady demand make it appealing for first-time buyers, military households, and investors seeking long-term value.

Lifestyle and Amenities

Daily conveniences abound with nearby grocery stores, local eateries serving fresh seafood and Southern favorites, and shopping centers along Mobile Highway.
Parks, playgrounds, fitness centers, and community churches contribute to a friendly, small-town feel within the larger Pensacola metro.

Schools and Community

The area is served by the Escambia County School District, with public, private, and preschool options situated within a practical radius.
Community events, youth sports, and base-adjacent activities near NAS Pensacola help weave a strong sense of belonging for Myrtle Grove residents.



FAQ – Home Values in Myrtle Grove Pensacola

What is the median home value in Myrtle Grove Pensacola in 2026?

In 2026, the typical home value in Myrtle Grove Pensacola is about $255,187 for an average home size of 2111 square feet. This corresponds to an average price of roughly $131 per square foot.

What is the average cost per square foot in Myrtle Grove Pensacola?

In 2026, homes in Myrtle Grove Pensacola sell for an average of around $131 per square foot, with a typical range between $124.45 and $137.55 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Myrtle Grove?

The average home size in Myrtle Grove Pensacola is about 2111 square feet, with an estimated 2026 value around $255,187.



Neighborhoods close to Myrtle Grove Pensacola, FL

Holley by the Sea Navarre, FL182 $ / ft²
Haile Plantation Gainesville, FL155 $ / ft²
Ventura Orlando, FL133 $ / ft²
Brownsville Pensacola, FL70 $ / ft²
Mowat Highlands Lynn Haven, FL131 $ / ft²
Hammock Bay Freeport, FL143 $ / ft²
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