Neighborhood · November 3, 2026
Southbay, Pensacola FL: what homes sold for and how fast
Updated November 2026. Detached homes only, Pensacola MLS closed sales November 3, 2025 through October 30, 2026, pulled November 3, 2026. No individual sales are shown.
In the twelve months ending October 2026, 9 detached homes sold in Southbay, at a median of $351,500 and $165 per square foot. That is about 21% above the Pensacola median of $290,000. Homes took a typical 119 days to sell, slower than Pensacola overall, so a buyer here usually has time and some leverage. 0 homes were listed for sale there on November 3, 2026.
The numbers
| Measure | Southbay | Pensacola overall |
|---|---|---|
| Detached homes sold, 12 months | 9 | 1,979 |
| Median sale price | $351,500 | $290,000 |
| Price per square foot | $165 | $175 |
| Median home size | 2,069 sq ft | 1,652 sq ft |
| Typical days to sell | 119 | 38 |
| Year built (range of what sold) | 1994–1998 | — |
| For sale now | 0 | — |
What the numbers say
Homes here were built between 1994 and 1998, so it is one generation of housing and the resales all compete with each other on condition.
Supply. 0 for sale. Under four months generally favors sellers, over six favors buyers, and a builder still releasing lots can hold supply high without the resale market being soft.
Price. At $165 per square foot against $175 for Pensacola overall, homes here cost less per foot than the town average, so the money mostly buys square footage.
Where it is. Southbay is in Pensacola, Escambia County, Florida, in the NAS Pensacola and Corry Station commute shed. The current town-wide numbers are on the Pensacola market page.
Questions people ask
How much does a house in Southbay cost? The median sale over the last twelve months was $351,500; half sold for more, half for less.
Is Southbay new construction? Mostly not. Homes that sold were built between 1994 and 1998.
How fast do homes sell in Southbay? A typical 119 days from listing to contract over the last year.
Is Southbay in a flood zone? Flood zones are drawn by address, not by neighborhood. Check the FEMA flood map for the specific house and get a quote on that address before you offer. Unincorporated Escambia County carries a 20% Community Rating System discount on flood premiums; the City of Pensacola 15%.
If you want a number on a specific house in Southbay, or want to know how it compares to the next neighborhood over, email [email protected] or call or text 205-276-2135.
Source: Pensacola MLS closed detached sales, November 3, 2025 through October 30, 2026, pulled November 3, 2026. Medians for the subdivision as recorded in the MLS. Neighborhoods with fewer than 8 sales are not given a page because a median of a handful of homes is noise, not a market.