Cities with the fastest-growing home prices in the Crestview metro area
The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.
The typical home value in the United States was $358,968 in January, 0.2% higher than the year before.
Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.
Stacker compiled a list of cities with the most expensive homes in the Crestview-Fort Walton Beach-Destin, FL metro area using data from Zillow. Charts show the monthly typical home value since January 2018.
#19. Inlet Beach, FL
- 1-year price change: -$90,835 (-6.3%)
- 5-year price change: +$325,617 (+31.6%)
- Typical home value: $1,356,869 (#1 most expensive city in metro)
#18. Santa Rosa Beach, FL
- 1-year price change: -$62,641 (-6.9%)
- 5-year price change: +$209,473 (+32.8%)
- Typical home value: $848,079 (#2 most expensive city in metro)
#17. Miramar Beach, FL
- 1-year price change: -$37,298 (-5.6%)
- 5-year price change: +$147,262 (+30.2%)
- Typical home value: $634,240 (#3 most expensive city in metro)
#16. Destin, FL
- 1-year price change: -$23,558 (-3.9%)
- 5-year price change: +$131,353 (+29.1%)
- Typical home value: $582,612 (#4 most expensive city in metro)
#15. Laurel Hill, FL
- 1-year price change: -$15,900 (-7.6%)
- 5-year price change: +$18,835 (+10.8%)
- Typical home value: $193,358 (#17 most expensive city in metro)
#14. Freeport, FL
- 1-year price change: -$13,223 (-3.3%)
- 5-year price change: +$91,796 (+30.9%)
- Typical home value: $388,557 (#6 most expensive city in metro)
#13. Mary Esther, FL
- 1-year price change: -$11,875 (-3.6%)
- 5-year price change: +$60,495 (+23.7%)
- Typical home value: $315,252 (#9 most expensive city in metro)
#12. Westville, FL
- 1-year price change: -$11,129 (-5.4%)
- 5-year price change: +$29,006 (+17.4%)
- Typical home value: $195,507 (#16 most expensive city in metro)
#11. Holt, FL
- 1-year price change: -$10,383 (-3.9%)
- 5-year price change: +$53,900 (+26.9%)
- Typical home value: $254,382 (#13 most expensive city in metro)
#10. Vernon, FL
- 1-year price change: -$9,979 (-5.5%)
- 5-year price change: +$36,580 (+27.1%)
- Typical home value: $171,488 (#18 most expensive city in metro)
#9. Valparaiso, FL
- 1-year price change: -$9,659 (-2.9%)
- 5-year price change: +$56,214 (+21.1%)
- Typical home value: $322,448 (#8 most expensive city in metro)
#8. Niceville, FL
- 1-year price change: -$9,520 (-2.2%)
- 5-year price change: +$81,750 (+23.9%)
- Typical home value: $424,497 (#5 most expensive city in metro)
#7. Fort Walton Beach, FL
- 1-year price change: -$7,096 (-2.2%)
- 5-year price change: +$57,363 (+22.3%)
- Typical home value: $314,718 (#10 most expensive city in metro)
#6. Crestview, FL
- 1-year price change: -$6,879 (-2.4%)
- 5-year price change: +$63,220 (+28.7%)
- Typical home value: $283,511 (#12 most expensive city in metro)
#5. Defuniak Springs, FL
- 1-year price change: -$6,652 (-2.9%)
- 5-year price change: +$55,996 (+33.1%)
- Typical home value: $225,407 (#14 most expensive city in metro)
#4. Baker, FL
- 1-year price change: -$4,489 (-1.4%)
- 5-year price change: +$73,232 (+31.1%)
- Typical home value: $308,496 (#11 most expensive city in metro)
#3. Ponce de Leon, FL
- 1-year price change: -$4,140 (-1.9%)
- 5-year price change: +$44,714 (+25.6%)
- Typical home value: $219,428 (#15 most expensive city in metro)
#2. Shalimar, FL
- 1-year price change: -$3,659 (-1.0%)
- 5-year price change: +$72,008 (+23.9%)
- Typical home value: $373,701 (#7 most expensive city in metro)
#1. Paxton, FL
- 1-year price change: +$1,725 (+1.1%)
- 5-year price change: +$34,078 (+28.8%)
- Typical home value: $152,322 (#19 most expensive city in metro)
