Eglin AFB, FL—32580
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Eglin AFB, FL
As of Oct '25, the median home price in Eglin AFB, FL is $325,000, with a year-over-year change of -2.7%. This indicates that home prices in Eglin AFB, 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 | $325,000 | -2.7% |
| Single Family | $326,000 | -2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $239,000 | -2.0% |
3 Bed | $301,000 | -2.6% |
4 Bed | $518,000 | -1.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Eglin AFB, FL
As of July '25, Rentcast reports the average rent in Eglin AFB, FL is $2,080, with a year-over-year rent change of -2.3%. Per bedroom, the median rent as of July '25 in Eglin AFB, FL is studios: $1,380, 1-bedrooms: $1,400, 2-bedrooms: $1,690, 3-bedrooms: $2,020, 4-bedrooms: $3,050. The most common rental property sizes in Eglin AFB, FL are 3-bedroom and 2-bedroom, accounting for 49.6% and 45.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,080 |
| Studio Rent | $1,400 | $1,380 |
| 1 Bed Rent | $1,420 | $1,400 |
| 2 Bed Rent | $1,800 | $1,690 |
| 3 Bed Rent | $2,000 | $2,020 |
| 4 Bed Rent | $3,000 | $3,050 |
% of Rental Stock
Property Listings — Eglin AFB, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Eglin AFB, FL is 70. This is a increase of 18.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $412,000 | 15.0% |
Listing Count | 18 | 5.0% |
| Listings as % of Homes | 1.2% | 5.0% |
Days on Market | 70 | 18.0% |
Demographics — Eglin AFB, FL
As of the latest ACS Survey released in 2023, Eglin AFB, FL has a population of 4,120, which has decreased by -5.7% over the past 5 years. Eglin AFB, FL is a moderately popular place for families, as children make up 21.0% of the population. The area has a moderately educated workforce, with 37.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,120 | -5.7% |
% Under 18 | 21.0% | -17.0% |
% Seniors | 17.7% | 22.1% |
% WFH | 4.0% | 25.0% |
% w/ College Degree | 37.6% | 46.9% |
As of the latest ACS Survey released in 2023, Eglin AFB, FL is a predominantly white area, with 72.6% of the population identifying as white. The white population has grown by 4.3% in the last 5 years. The second most common race or ethnicity in Eglin AFB, FL is black, making up 11.3% of the population. Foreign-born residents account for 3.0% of the population in Eglin AFB, FL, and this percentage has decreased by 50.8% 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 | 72.6% | 4.3% |
% Black | 11.3% | 126.0% |
% Hispanic | 7.9% | -30.7% |
% Asian | 1.3% | -65.8% |
% Foreign Born | 3.0% | -50.8% |
Mortgage and Risk — Eglin AFB, FL
According to HUD data as of 2023, there were 120 mortgage originations in Eglin AFB, FL, of which 33.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 55.0% above 90% LTV (very high). This implies large mortgage risk in Eglin AFB, FL. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 120 |
% Conventional Loans | 33.0% |
% Government Loans | 67.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Eglin AFB, FL
As of 2024, the percent of homes in Eglin AFB, FL under the Section 8 program is 4.2%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Eglin AFB, FL, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 19 |
Total Units Section 8 | 19 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 72.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$80 | $1,420 | $1,340 |
| 2 Bedroom | -$290 | $1,800 | $1,510 |
| 3 Bedroom | $100 | $2,000 | $2,100 |
| 4 Bedroom | -$460 | $3,000 | $2,540 |
Affordability — Eglin AFB, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $325,000 |
| Median Household Income | $85,400 |