Navarre, FL—32566
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Navarre, FL
As of Oct '25, the median home price in Navarre, FL is $410,000, with a year-over-year change of -1.8%. This indicates that home prices in Navarre, FL are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $410,000 | -1.8% |
| Single Family | $403,000 | -1.7% |
| Condos | $630,000 | -1.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $296,000 | -5.1% |
2 Bed | $445,000 | -0.4% |
3 Bed | $354,000 | -2.5% |
4 Bed | $466,000 | -0.9% |
| 5 Bed | $627,000 | 0.2% |
% of Housing Stock
Rental Trends — Navarre, FL
As of July '25, Rentcast reports the average rent in Navarre, FL is $2,240, with a year-over-year rent change of -1.8%. Per bedroom, the median rent as of July '25 in Navarre, FL is 1-bedrooms: $1,340, 2-bedrooms: $1,580, 3-bedrooms: $2,150, 4-bedrooms: $2,530. The most common rental property sizes in Navarre, FL are 3-bedroom and 2-bedroom, accounting for 47.2% and 26.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,240 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,450 | $1,340 |
| 2 Bed Rent | $1,500 | $1,580 |
| 3 Bed Rent | $2,120 | $2,150 |
| 4 Bed Rent | $2,520 | $2,530 |
% of Rental Stock
Property Listings — Navarre, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Navarre, FL is 79. This is a increase of 26.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $499,000 | 3.0% |
Listing Count | 434 | -3.0% |
| Listings as % of Homes | 1.8% | -3.0% |
Days on Market | 79 | 26.0% |
Demographics — Navarre, FL
As of the latest ACS Survey released in 2023, Navarre, FL has a population of 43,200, which has increased by 13.3% over the past 5 years. Navarre, FL is a moderately popular place for families, as children make up 23.2% of the population. The area has a moderately educated workforce, with 33.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 43,200 | 13.3% |
% Under 18 | 23.2% | -6.8% |
% Seniors | 14.2% | 16.4% |
% WFH | 10.1% | 42.3% |
% w/ College Degree | 33.2% | 7.4% |
As of the latest ACS Survey released in 2023, Navarre, FL is a predominantly white area, with 74.9% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Navarre, FL is hispanic, making up 8.7% of the population. Foreign-born residents account for 5.9% of the population in Navarre, FL, and this percentage has decreased by 15.7% 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 | 74.9% | -4.5% |
% Black | 6.3% | -14.9% |
% Hispanic | 8.7% | 7.4% |
% Asian | 2.7% | 3.8% |
% Foreign Born | 5.9% | -15.7% |
Mortgage and Risk — Navarre, FL
According to HUD data as of 2023, there were 457 mortgage originations in Navarre, FL, of which 44.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Navarre, FL. Investor activity is low, as 2.0% 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 | 457 |
% Conventional Loans | 44.0% |
% Government Loans | 56.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Navarre, FL
As of 2024, the percent of homes in Navarre, FL under the Section 8 program is 0.3%. 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 Navarre, 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 | 13 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $420 | $1,450 | $1,870 |
| 2 Bedroom | $700 | $1,500 | $2,200 |
| 3 Bedroom | $820 | $2,120 | $2,940 |
| 4 Bedroom | $1,100 | $2,520 | $3,620 |
Affordability — Navarre, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $410,000 |
| Median Household Income | $99,500 |