dynamic.RE
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An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
What would change this read: a price correction (median already −2.9% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −13.2% YoY, is the number to watch.
The median listing price is down 2.9% YoY while the median home got down 1.1% bigger, so value per square foot is down 1.1%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $320K purchase rents for $1,850/mo: 0.58% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 6 BR (sale only, no matching rent).
Sales here take about 20 days longer to go under contract than rentals (median across 3 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Manufactured (rented here, not sold), Multi-Family (sold here, not rented).
U.S. Census ACS characteristics for ZIP 32526 itself, not its parent county.
Renters hold 23.8% of this ZIP's 18,027 occupied households, on a median household income of $75K.
| Measure | ZIP 32526 | Escambia County | Difference |
|---|---|---|---|
| Median Household Income | $75K | $68K | +$8K |
| Below Poverty Level | 14.0% | 14.7% | -0.7% |
| Median Age | 40.30 | 38.10 | +2.20 |
| Total Population | 44,680 | 325,923 | -- |
| Avg Household Size | 2.46 | 2.38 | +0.08 |
| Owner-Occupied | 76.2% | 64.8% | +11.4% |
| Worked From Home | 12.2% | 13.6% | -1.4% |
| Mean Commute | 23.10 | 23.50 | -0.40 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.8% to 325,923: residents under 18 are up 0.3% and those 65 and over are up 2.3%.
County median household income is $68K, 14.7% of residents are below the poverty level, 13.6% work from home.