Welcome to our 32578 real estate data hub, tailored for investors in Niceville, FL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 32578 in Niceville, FL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in OKALOOSA COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Niceville, FL real estate investing. Uncover the wealth of information available, and position yourself for success in the Niceville property market.
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Location Overview
- Zip Code: 32578
- City: Niceville
- State: FL
- Metro Area: Crestview-Fort Walton Beach-Destin, FL
- County Name: OKALOOSA COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $436,073
- Average Home Price (Single Family Homes): $445,912
- Average Monthly Rental Price (All Types): $1,989
- Price-to-Rent Ratio: 18
- Zillow Projected % appreciation from 4/2023-4/2024: 2.9%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,470
- Average 3 Bedroom Section 8 Rental Rates: $1,960
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 24.72
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 18.54
- Number of Units Offered in Section 8 in the County: 703
- Number of Occupied Units in Section 8 in the County: 678
- Percentage of Section 8 Units Occupied in the County: 96.5%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 314.13
- Total % Appreciation since 2000 (Government Data): 188.77
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.15%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.62%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 35.17%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 51.47%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 92.7%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 58.22%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 157.13%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 6.35%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 11.38%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 43.48%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 60.47%