Crestview, FL—32536
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Crestview, FL
Home Price Trends — Crestview, FL
As of Oct '25, the median home price in Crestview, FL is $291,000, with a year-over-year change of -3.4%. This indicates that home prices in Crestview, FL are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $291,000 | -3.4% |
| Single Family | $291,000 | -3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $176,000 | 2.9% |
3 Bed | $257,000 | -3.7% |
4 Bed | $343,000 | -2.6% |
| 5 Bed | $395,000 | -1.5% |
% of Housing Stock
Rental Trends — Crestview, FL
As of July '25, Rentcast reports the average rent in Crestview, FL is $1,900, with a year-over-year rent change of -1.0%. Per bedroom, the median rent as of July '25 in Crestview, FL is 1-bedrooms: $1,290, 2-bedrooms: $1,430, 3-bedrooms: $1,810, 4-bedrooms: $2,200. The most common rental property sizes in Crestview, FL are 2-bedroom and 3-bedroom, accounting for 44.5% and 26.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,290 | $1,290 |
| 2 Bed Rent | $1,480 | $1,430 |
| 3 Bed Rent | $1,800 | $1,810 |
| 4 Bed Rent | $2,140 | $2,200 |
% of Rental Stock
Property Listings — Crestview, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Crestview, FL is 66. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $324,000 | -5.0% |
Listing Count | 252 | -14.0% |
| Listings as % of Homes | 1.8% | -14.0% |
Days on Market | 66 | -6.0% |
Demographics — Crestview, FL
As of the latest ACS Survey released in 2023, Crestview, FL has a population of 24,900, which has increased by 6.1% over the past 5 years. Crestview, FL is a popular place for families, as children make up 27.4% of the population. The area has a moderately educated workforce, with 27.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,900 | 6.1% |
% Under 18 | 27.4% | -0.7% |
% Seniors | 10.7% | -6.1% |
% WFH | 6.5% | 242.1% |
% w/ College Degree | 27.3% | 4.6% |
As of the latest ACS Survey released in 2023, Crestview, FL is a predominantly white area, with 63.5% of the population identifying as white. The white population has shrunk by 9.9% in the last 5 years. The second most common race or ethnicity in Crestview, FL is black, making up 15.8% of the population. Foreign-born residents account for 5.9% of the population in Crestview, FL, and this percentage has increased by 18.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 63.5% | -9.9% |
% Black | 15.8% | 22.5% |
% Hispanic | 11.7% | 30.0% |
% Asian | 3.0% | 25.0% |
% Foreign Born | 5.9% | 18.0% |
Mortgage and Risk — Crestview, FL
According to HUD data as of 2023, there were 812 mortgage originations in Crestview, FL, of which 32.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 60.0% above 90% LTV (very high). This implies large mortgage risk in Crestview, FL. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 812 |
% Conventional Loans | 32.0% |
% Government Loans | 68.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Crestview, FL
As of 2024, the percent of homes in Crestview, FL under the Section 8 program is 3.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Crestview, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 381 |
Total Units Section 8 | 108 |
% Rentals under Section 8 | 3.9% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $1,290 | $1,330 |
| 2 Bedroom | $10 | $1,480 | $1,490 |
| 3 Bedroom | $270 | $1,800 | $2,070 |
| 4 Bedroom | $360 | $2,140 | $2,500 |
Affordability — Crestview, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $291,000 |
| Median Household Income | $82,600 |