32503 — Pensacola, FL Home Values
Typical home value $296,076 as of August 2026 · 9th of 21 in Pensacola-Ferry Pass-Brent, FL
Blue: typical home value (Zillow ZHVI) in ZIP code 32503, August 2021 to August 2026. This page shows observed data only; no forecast.
How 32503 compares in the Pensacola-Ferry Pass-Brent, FL area
ZIP code 32503 (Pensacola, FL) has a typical home value of $296,076 as of August 2026, ranking 9th of 21 ZIP codes tracked in the Pensacola-Ferry Pass-Brent, FL area, more expensive than about 62% of ZIP codes in the metro. Prices here have moved +2.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +17.9%, from $251,118 in August 2021 to $296,076 in August 2026. Against observed rent, the typical home here sells for 13.1× the annual rent ($1,881/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Pensacola-Ferry Pass-Brent, FL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Pensacola.
Population and demographics
ZIP code 32503 has a population of 32,975, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 65.8% White, 21.9% Black or African American, 4.8% two or more races, 4.5% Hispanic or Latino, 2.4% Asian, 0.4% another race, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| O. J. SEMMES ELEMENTARY SCHOOL | 1250 E TEXAR DR, PENSACOLA, FL | 0.7 mi |
| COUNTY ADMINISTRATIVE ANNEX | 40 E TEXAR DR, PENSACOLA, FL | 1 mi |
| ESCAMBIA VIRTUAL INSTRUCTION PROGRAM | 30 E TEXAR DR, PENSACOLA, FL | 1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 32503?
$296,076 as of August 2026, the latest month Zillow has published observed data for.
Is 32503 an expensive ZIP code in the Pensacola-Ferry Pass-Brent, FL area?
32503 ranks 9th of 21 ZIP codes in the Pensacola-Ferry Pass-Brent, FL area by typical home value, more expensive than about 62% of ZIP codes in the metro.
How much have home values in 32503 changed over the past year?
+2.2% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 32503?
The typical home price is 13.1× the observed annual rent in this ZIP code ($1,881/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 32503?
32,975, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 32503?
O. J. SEMMES ELEMENTARY SCHOOL (0.7 mi), COUNTY ADMINISTRATIVE ANNEX (1 mi), ESCAMBIA VIRTUAL INSTRUCTION PROGRAM (1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 32503?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Pensacola-Ferry Pass-Brent, FL forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.