Is Niceville-Valparaiso, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Niceville-Valparaiso has remained a Seller's Market.
Housing Prices in Niceville-Valparaiso, FL
How much do homes in Niceville-Valparaiso, FL cost?
Median Sold Price
$460,025
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Niceville-Valparaiso was $460,025 in April 2024, up 4.6% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $187.9K | $191.7K | +2.0% |
2 Bedrooms | $260K | $262K | +0.8% |
3 Bedrooms | $380.4K | $395K | +3.8% |
4 Bedrooms | $573.3K | $600K | +4.7% |
5+ Bedrooms | $827.5K | $775K | -6.3% |
Summary: Niceville-Valparaiso housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 6.3%.
Median Sold Price Compared To Nearby Cities
Niceville | $442.5K | $474.4K | +7.2% |
Niceville-Valparaiso | $439.8K | $460K | +4.6% |
Valparaiso | $405K | $364.3K | -10.0% |
Housing Supply in Niceville-Valparaiso, FL
How many homes are available in Niceville-Valparaiso, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
237 | 234 | -1.3% |
Summary: The Niceville-Valparaiso real estate market had 234 homes for sale in April 2024, a 1.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 24 | 25 | +4.2% |
3 Bedrooms | 101 | 99 | -2.0% |
4 Bedrooms | 88 | 85 | -3.4% |
5+ Bedrooms | 21 | 22 | +4.8% |
Summary: The Niceville-Valparaiso housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 4.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 48 | +2.1% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in Niceville-Valparaiso in April 2024, up by 2.1% month-over-month. Of the 48 sold homes, 35% were sold under asking, 38% were sold at asking, and 27% were sold over asking.
Days on Market for Niceville-Valparaiso, FL
How long does it take to sell a home in Niceville-Valparaiso, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 57 Days | +54.7% |
Summary: Homes in Niceville-Valparaiso had an average of 57 days on market in Apr 2024, up by 54.7% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 48 homes were sold in Niceville-Valparaiso; 67% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.