Real Estate Price Maphome prices by county

Okaloosa County, FL home prices

Okaloosa County, FL: the typical home is worth $355,824 as of 2026-05, down -0.1% over the past year and n/a since 2000. Listings run about $268/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Okaloosa County is flat and fairly valued — very affordable for what people here earn.

Momentum-0.1%Flat
Valuation-1%Fair value
Affordability8/10Very affordable
Market75 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1979: $56,894 → 2026: $355,824 (6.3×) pre-2000 estimated via FHFA index

Typical value$355,8242026-05
1-year-0.1%
5-year+18.9%
10-year+77.3%
Since 2000n/a
Population220k2024
Median income$81,9902023 · 4.3× income
Median rent$1,988/mo2026 · 6.7% gross yield
New homes/yr1,2682024
Price / sq ft$268listings
Days on market752026-06
Active listings1,9142026-06
Price cuts20%of listings

Market read

At $355,824, homes in Okaloosa County sit 15% above the Florida median ($309,004) and 52% above the US median ($233,954). That ranks #23 of 67 Florida counties by price.

Prices are holding steady (-0.1% in the last year) — a balanced market.

Homes here take a while to sell — a median 75 days on the market, with 20% of listings cutting their asking price.

At 4.3× local income, that's pricier than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Buying looks cheaper than renting — ~$1,756/mo to buy (P&I, 20% down) vs $1,988/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Walton County, FL ($656,360) · Santa Rosa County, FL ($352,252) · Escambia County, FL ($281,903) · Covington County, AL ($157,840) · Escambia County, AL ($143,998) · Holmes County, FL ($194,032)

Frequently asked questions

What is the average home price in Okaloosa County, FL?
The typical home in Okaloosa County is worth $355,824 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Okaloosa County rising or falling?
Prices are down -0.1% over the past year and n/a since 2000 — a balanced market.
Is Okaloosa County affordable?
At 4.3× the local median income of $81,990, Okaloosa County is pricier than the typical US county.
What is the rental yield in Okaloosa County?
Median rent is $1,988/mo — a gross rental yield of 6.7% on the typical home.
How fast do homes sell in Okaloosa County?
Homes here take a median of 75 days to sell, with 20% of listings cutting their asking price.
Median home value by year
YearMedian home value
2002$132,586
2003$139,979
2004$158,975
2005$214,386
2006$274,349
2007$252,062
2008$223,357
2009$192,701
2010$186,523
2011$171,362
2012$167,277
2013$177,359
2014$186,544
2015$192,351
2016$200,701
2017$211,784
2018$226,847
2019$239,291
2020$258,050
2021$299,260
2022$362,265
2023$367,007
2024$369,627
2025$356,321
2026$355,824