Shalimar, FL

Full City Profile · Florida · Okaloosa County County

4.5 /5.0
A+ Excellent
839 Population 2,893/sq mi density
$108,182 Median Income $58,024 per capita
$463,900 Home Value $384,817 Zillow
$2,162 Median Rent 32.0% income on rent
70°F Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A
Economy
4.1 / 5.0
$108,182 median income, 7.6% unemployment
A
Affordability
4.3 / 5.0
$463,900 home value, $2,162/mo rent
A+
Education
5.0 / 5.0
60.7% bachelor's degree or higher

Housing Overview

Median Home Value
$463,900
65% above
US avg: $281,900
Median Rent
$2,162/mo
86% above
US avg: $1,163/mo
Homeownership Rate
70.0%
7% above US avg (65.4%)
Total Housing Units
450
Median year built: 1991

Home Value by Source

Census Median
$463,900
Zillow (ZHVI)
$384,817
Redfin Median Sale
$315,000
Median Sale Price
$315,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.0%
Owner-Occupied
30.0%
Renter-Occupied
70%
30%
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: $2,162/mo · Zillow rent: $2,049/mo

Market Indicators (Redfin)

Median Sale Price
$315,000
Median Days on Market
8 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$245
Active Inventory
6
homes for sale

Affordability & Housing Stock

Rent Burden
32.0%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
70.0%

Complete Housing Data

Home Values

Census Median Value$463,900
Zillow Home Value (ZHVI)$384,817
Redfin Median Sale$315,000
Median Sale Price$315,000
Price Per Sq Ft$245

Rent

Census Median Rent$2,162
Zillow Rent (ZORI)$2,049
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 Market8
Sale-to-List Ratio1.0%
Price Drops50.0%
Homes Sold1
Active Inventory6
Price Per Sq Ft$245

Ownership & Stock

Owner-Occupied70.0%
Renter-Occupied30.0%
Homeownership Rate70.0%
Total Housing Units450
Median Year Built1991
Rent Burden32.0%