Cities with the fastest growing home prices in Crestview metro area

Written by:
September 29, 2022
4 PM production // Shutterstock

Cities with the fastest growing home prices in Crestview metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Crestview-Fort Walton Beach-Destin, FL metro area using data from Zillow. Cities are ranked by 1-year price change as of August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 18 cities and towns with data available were included in the list.

You may also like: Cities with the most expensive homes in Crestview metro area

1 / 18
Stacker

#18. Paxton, Florida

- 1-year price change: +$25,656 (+17.7%)
- 5-year price change: +$85,665 (+100.6%)
- Typical home value: $170,810 (#17 most expensive city in metro)
2 / 18
Stacker

#17. Vernon, Florida

- 1-year price change: +$25,814 (+19.7%)
- 5-year price change: +$62,238 (+65.6%)
- Typical home value: $157,051 (#18 most expensive city in metro)
3 / 18
Stacker

#16. Ponce de Leon, Florida

- 1-year price change: +$32,076 (+21.1%)
- 5-year price change: +$76,467 (+70.9%)
- Typical home value: $184,286 (#15 most expensive city in metro)
4 / 18
Stacker

#15. Westville, Florida

- 1-year price change: +$33,037 (+23.6%)
- 5-year price change: +$84,756 (+95.9%)
- Typical home value: $173,164 (#16 most expensive city in metro)
5 / 18
Stacker

#14. Laurel Hill, Florida

- 1-year price change: +$44,949 (+29.3%)
- 5-year price change: +$91,954 (+86.5%)
- Typical home value: $198,281 (#14 most expensive city in metro)

You may also like: Most expensive homes for sale in Crestview

6 / 18
Stacker

#13. Valparaiso, Florida

- 1-year price change: +$50,006 (+17.6%)
- 5-year price change: +$147,238 (+79.1%)
- Typical home value: $333,394 (#9 most expensive city in metro)
7 / 18
Stacker

#12. Holt, Florida

- 1-year price change: +$50,385 (+24.4%)
- 5-year price change: +$118,589 (+85.7%)
- Typical home value: $256,972 (#12 most expensive city in metro)
8 / 18
Stacker

#11. Defuniak Springs, Florida

- 1-year price change: +$53,727 (+28.6%)
- 5-year price change: +$117,722 (+95.0%)
- Typical home value: $241,619 (#13 most expensive city in metro)
9 / 18
Stacker

#10. Crestview, Florida

- 1-year price change: +$56,471 (+23.0%)
- 5-year price change: +$136,483 (+82.5%)
- Typical home value: $301,832 (#11 most expensive city in metro)
10 / 18
Stacker

#9. Mary Esther, Florida

- 1-year price change: +$56,800 (+20.4%)
- 5-year price change: +$150,993 (+81.9%)
- Typical home value: $335,289 (#8 most expensive city in metro)

You may also like: Highest paying jobs in Crestview that require a graduate degree

11 / 18
Stacker

#8. Baker, Florida

- 1-year price change: +$60,343 (+23.4%)
- 5-year price change: +$144,295 (+83.1%)
- Typical home value: $317,913 (#10 most expensive city in metro)
12 / 18
Stacker

#7. Fort Walton Beach, Florida

- 1-year price change: +$61,552 (+21.1%)
- 5-year price change: +$159,131 (+82.2%)
- Typical home value: $352,771 (#7 most expensive city in metro)
13 / 18
Stacker

#6. Shalimar, Florida

- 1-year price change: +$63,561 (+18.3%)
- 5-year price change: +$173,865 (+73.6%)
- Typical home value: $410,033 (#6 most expensive city in metro)
14 / 18
Stacker

#5. Niceville, Florida

- 1-year price change: +$73,362 (+19.0%)
- 5-year price change: +$183,632 (+66.4%)
- Typical home value: $460,040 (#4 most expensive city in metro)
15 / 18
Stacker

#4. Freeport, Florida

- 1-year price change: +$101,032 (+28.8%)
- 5-year price change: +$224,875 (+98.9%)
- Typical home value: $452,289 (#5 most expensive city in metro)

You may also like: Where people in Crestview are moving to most

16 / 18
Stacker

#3. Destin, Florida

- 1-year price change: +$144,230 (+27.9%)
- 5-year price change: +$287,071 (+76.7%)
- Typical home value: $661,413 (#3 most expensive city in metro)
17 / 18
Stacker

#2. Miramar Beach, Florida

- 1-year price change: +$193,676 (+33.2%)
- 5-year price change: +$371,505 (+91.6%)
- Typical home value: $776,929 (#2 most expensive city in metro)
18 / 18
Stacker

#1. Santa Rosa Beach, Florida

- 1-year price change: +$323,552 (+39.5%)
- 5-year price change: +$598,276 (+110.0%)
- Typical home value: $1,142,244 (#1 most expensive city in metro)

Trending Now