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  1. Home
  2. /Browse ZIP Codes
  3. /Florida
  4. /Crestview, FL - 32539

Crestview, FL—32539

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$285,000
0.2% YoY Growth
Household Income
$72,500
25.6% YoY Growth
Days on Market
58
9.0% Shorter YoY
Home Price Forecast
-0.5%
Median Rent
$1,950
4.5% YoY Growth
1-Bed Rent
$940
9.5% YoY Growth
2-Bed Rent
$1,300
0.0% YoY Growth
3-Bed Rent
$1,700
2.2% YoY Growth

Other Zip Codes in Crestview, FL

32536
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Crestview, FL

As of May '26, the median home price in Crestview, FL is $285,000, with a year-over-year change of -0.2%. This indicates that home prices in Crestview, FL are flat. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$285,000-0.2%
Single Family $285,0000.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$163,000-0.6%
    3 Bed
    		$251,0000.0%
    4 Bed
    		$337,0000.0%
    5 Bed $386,4870.0%
    Loading chart...

    % of Housing Stock

    Studio
    0.4%
    1 Bedroom
    3.4%
    2 Bedrooms
    11.3%
    3 Bedrooms
    56.4%
    4 Bedrooms
    25.5%
    5+ Bedrooms
    3.0%

    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.

    TypeMedian RentAverage 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
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    % of Rental Stock

    Studio
    0.8%
    1 Bedroom
    11.7%
    2 Bedrooms
    23.9%
    3 Bedrooms
    44.2%
    4 Bedrooms
    19.4%

    Property Listings — Crestview, FL

    As of May '26, Realtor.com reports that the median days on market for a home in Crestview, FL is 58. This is a decrease of -9.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$306,000-4.0%
    Listing Count
    		339-11.0%
    Listings as % of Homes1.8%-11.0%
    Days on Market
    		58-9.0%
    Loading chart...

    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.

    MetricLatest CensusYoY % Change
    Population
    		33,20013.3%
    % Under 18
    		24.4%-6.5%
    % Seniors
    		14.9%22.1%
    % WFH
    		10.9%53.5%
    % w/ College Degree
    		24.3%34.3%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio4.1
    Median Home Price$285,000
    Median Household Income$72,500

    Crestview, FL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Crestview, FL

    32536

    Okaloo, FL

    32567

    Valparaiso, FL

    32542

    Baker, FL

    32531

    Dana Point, FL

    32578

    Frequently Asked Questions