Crestview, FL—32539
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 $278,000, with a year-over-year change of -3.5%. 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 | $278,000 | -3.5% |
| Single Family | $278,000 | -3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $160,000 | -5.3% |
3 Bed | $245,000 | -3.5% |
4 Bed | $332,000 | -2.1% |
| 5 Bed | $381,000 | -1.6% |
% of Housing Stock
Rental Trends — Crestview, FL
As of July '25, Rentcast reports the average rent in Crestview, FL is $1,890, with a year-over-year rent change of -4.5%. Per bedroom, the median rent as of July '25 in Crestview, FL is studios: $750, 1-bedrooms: $1,040, 2-bedrooms: $1,250, 3-bedrooms: $1,750, 4-bedrooms: $2,120. The most common rental property sizes in Crestview, FL are 3-bedroom and 2-bedroom, accounting for 44.2% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $1,890 |
| Studio Rent | $750 | $750 |
| 1 Bed Rent | $940 | $1,040 |
| 2 Bed Rent | $1,300 | $1,250 |
| 3 Bed Rent | $1,700 | $1,750 |
| 4 Bed Rent | $2,100 | $2,120 |
% 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 74. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $303,000 | -8.0% |
Listing Count | 331 | 0.0% |
| Listings as % of Homes | 1.8% | 0.0% |
Days on Market | 74 | 7.0% |
Demographics — Crestview, FL
As of the latest ACS Survey released in 2023, Crestview, FL has a population of 33,200, which has increased by 13.3% over the past 5 years. Crestview, FL is a moderately popular place for families, as children make up 24.4% of the population. The area has a poorly educated workforce, with 24.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,200 | 13.3% |
% Under 18 | 24.4% | -6.5% |
% Seniors | 14.9% | 22.1% |
% WFH | 10.9% | 53.5% |
% w/ College Degree | 24.3% | 34.3% |
As of the latest ACS Survey released in 2023, Crestview, FL is a predominantly white area, with 73.4% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Crestview, FL is black, making up 12.2% of the population. Foreign-born residents account for 3.3% of the population in Crestview, FL, and this percentage has decreased by 8.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.4% | -4.2% |
% Black | 12.2% | 6.1% |
% Hispanic | 7.0% | 0.0% |
% Asian | 1.7% | 21.4% |
% Foreign Born | 3.3% | -8.3% |
Mortgage and Risk — Crestview, FL
According to HUD data as of 2023, there were 1147 mortgage originations in Crestview, FL, of which 27.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 66.0% above 90% LTV (very high). This implies large mortgage risk in Crestview, FL. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,147 |
% Conventional Loans | 27.0% |
% Government Loans | 73.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Crestview, FL
As of 2024, the percent of homes in Crestview, FL under the Section 8 program is 5.3%. 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 | 122 |
Total Units Section 8 | 122 |
% Rentals under Section 8 | 5.3% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $300 | $940 | $1,240 |
| 2 Bedroom | $90 | $1,300 | $1,390 |
| 3 Bedroom | $230 | $1,700 | $1,930 |
| 4 Bedroom | $230 | $2,100 | $2,330 |
Affordability — Crestview, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $278,000 |
| Median Household Income | $72,500 |