Home Values

Niceville Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$240,800

  • 4.3% 1-year change
  • 2.2% 1-year forecast

The median home value in Niceville is $240,800. Niceville home values have gone up 4.3% over the past year and Zillow predicts they will rise 2.2% within the next year. The median list price per square foot in Niceville is None.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Niceville is 4.5%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Niceville homeowners underwater on their mortgage is 14.3%, which is lower than Destin Metro at 21.2%.

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Relative ZHVI
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Niceville Market Overview

Data through May 31, 2015
  • $240,800 ZHVI
  • 2.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • $265,700 Median sale price (Apr 30, 2015)
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Niceville Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 14.3% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 4.5% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Miramar Beach $318,800
Destin $287,700
Shalimar $210,400
Name Median ZHVI
Mary Esther $149,100
Wright $143,500
Valparaiso $140,700
Name Median ZHVI
Crestview $134,200
Fort Walton Beach $133,800
Ocean City $132,000

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $141 Median sale price / sq ft
  • No data Listings with price cut
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Niceville Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,469 Niceville
    $1,273 Destin Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • $0.87 Rent list price / sq ft
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