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Niceville, FL
Full City Profile · Florida · Okaloosa County County
3.6
/5.0
B+
Good
16,043
Population
1,114/sq mi density
$96,611
Median Income
$43,540 per capita
$381,700
Home Value
$430,065 Zillow
$1,579
Median Rent
35.4% income on rent
66°F
Avg Temperature
313 sunny days/yr
69
Violent Crime/100K
1,279 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$96,611 median income, 0.8% unemployment
A
Affordability
4.5 / 5.0
$381,700 home value, $1,579/mo rent
F
Safety
1.0 / 5.0
69 violent crimes/100K
A
Education
4.0 / 5.0
37.8% bachelor's degree or higher
Housing Overview
Median Home Value
$381,700
35% above
US avg: $281,900
Median Rent
$1,579/mo
36% above
US avg: $1,163/mo
Homeownership Rate
72.4%
11% above US avg (65.4%)
Total Housing Units
6,389
Median year built: 1987
Home Value by Source
Census Median
$381,700
Zillow (ZHVI)
$430,065
Median Sale Price
$399,900
Median List Price
$459,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.4%
Owner-Occupied
27.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent:
$1,579/mo
· Zillow rent:
$1,979/mo
Market Indicators (Redfin)
Median Days on Market
119 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
19
Price Drops
18.8%
of listings with price reduction
Price Per Sq Ft
$222
Active Inventory
117
homes for sale
Affordability & Housing Stock
Rent Burden
35.4%
of renters spending 30%+ of income on housing
14% above US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
72.4%
Complete Housing Data
Home Values
| Census Median Value | $381,700 |
| Zillow Home Value (ZHVI) | $430,065 |
| Median Sale Price | $399,900 |
| Median List Price | $459,500 |
| Price Per Sq Ft | $222 |
Rent
| Census Median Rent | $1,579 |
| Zillow Rent (ZORI) | $1,979 |
| FMR Studio | $1,212 |
| FMR 1-Bedroom | $1,296 |
| FMR 2-Bedroom | $1,526 |
| FMR 3-Bedroom | $1,971 |
| FMR 4-Bedroom | $2,261 |
Market
| Days on Market | 119 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 18.8% |
| Homes Sold | 19 |
| Active Inventory | 117 |
| Price Per Sq Ft | $222 |
Ownership & Stock
| Owner-Occupied | 72.4% |
| Renter-Occupied | 27.6% |
| Homeownership Rate | 72.4% |
| Total Housing Units | 6,389 |
| Median Year Built | 1987 |
| Rent Burden | 35.4% |