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Wright, FL

Full City Profile · Florida · Okaloosa County County

3.2 /5.0
B Good
27,233 Population 4,970/sq mi density
$67,077 Median Income $37,282 per capita
$270,700 Home Value $318,888 Zillow
$1,419 Median Rent 32.3% income on rent
70°F Avg Temperature 306 sunny days/yr
340 Violent Crime/100K 3,319 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$67,077 median income, 2.2% unemployment
A
Affordability
4.4 / 5.0
$270,700 home value, $1,419/mo rent
F
Safety
1.0 / 5.0
340 violent crimes/100K
B
Education
3.2 / 5.0
27.9% bachelor's degree or higher

Housing Overview

Median Home Value
$270,700
4% below
US avg: $281,900
Median Rent
$1,419/mo
22% above
US avg: $1,163/mo
Homeownership Rate
54.9%
16% below US avg (65.4%)
Total Housing Units
12,115
Median year built: 1988

Home Value by Source

Census Median
$270,700
Zillow (ZHVI)
$318,888
Median Sale Price
$290,000
Median List Price
$312,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

54.9%
Owner-Occupied
45.1%
Renter-Occupied
55%
45%
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: $1,419/mo

Market Indicators (Redfin)

Median Days on Market
64 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
19
Price Drops
16.2%
of listings with price reduction
Price Per Sq Ft
$194
Active Inventory
111
homes for sale

Affordability & Housing Stock

Rent Burden
32.3%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
54.9%

Complete Housing Data

Home Values

Census Median Value$270,700
Zillow Home Value (ZHVI)$318,888
Median Sale Price$290,000
Median List Price$312,500
Price Per Sq Ft$194

Rent

Census Median Rent$1,419
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 Market64
Sale-to-List Ratio1.0%
Price Drops16.2%
Homes Sold19
Active Inventory111
Price Per Sq Ft$194

Ownership & Stock

Owner-Occupied54.9%
Renter-Occupied45.1%
Homeownership Rate54.9%
Total Housing Units12,115
Median Year Built1988
Rent Burden32.3%