Crestview housing market
Typical home value
$440K
▲ 0.7% 1 yr
Typical rent
$1,968/mo
▲ 3.5% 1 yr
12-month forecast
+0.2%
#454 of 546 metros
Gross rent yield
5.4%
#362 of 546 · U.S. 6.3%
Days to pending
106 days
▼ −2 days 1 yr
Listings with a price cut
22%
▼ −1.5 pts 1 yr
Key takeaways
- 1The typical home is worth $439,733, up 0.7% in a year and up 11% over five years.
- 2Zillow forecasts home values rising 0.2% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,968/mo (+3.5% YoY), a 5.4% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $2,417/mo in principal and interest, $449 more than renting.
- 5Homes go under contract in 106 days (−2 days vs last year); 22% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 38/100, #318 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Crestview compares
| Measure | Crestview | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +0.7% | +1.2% | #386 |
| Home value, 5-yr change | +11.1% | +19.7% | |
| 12-month forecast | +0.2% | +1.1% | #454 |
| Rent, 1-yr change | +3.5% | +2.7% | #249 |
| Gross rent yield | 5.4% | 6.3% | #362 |
| Price-to-rent ratio | 18.6 | 15.8 | |
| Mortgage P&I on typical home | $2,417 | $2,012 | |
| Income needed to buy | $122,915 | $100,902 | |
| Days to pending | 106 | 56 |
Cities in the Crestview metro
8 cities with home value and rent data.
| Fort Walton Beach | $322K | ▲ 1.3% | $1,828 | ▲ 6.4% | 6.8% |
| Crestview | $288K | ▲ 0.1% | $1,882 | ▲ 2.1% | 7.8% |
| Niceville | $435K | ▲ 1.0% | $2,150 | ▲ 2.4% | 5.9% |
| Destin | $617K | ▲ 2.0% | $2,087 | ▲ 3.9% | 4.1% |
| Santa Rosa Beach | $873K | ▲ 1.1% | $1,930 | ▲ 1.4% | 2.7% |
| Mary Esther | $324K | ▼ 0.3% | $2,116 | ▲ 5.4% | 7.8% |
| Shalimar | $384K | ▲ 1.5% | $1,850 | ▲ 5.7% | 5.8% |
| Freeport | $386K | ▼ 2.2% | $1,969 | ▼ 0.8% | 6.1% |
Run the numbers
Rental property calculator
Cash flow on a typical Crestview rental ($440K, $1,968/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Crestview home.
Rent vs buy
Is it cheaper to rent or buy in Crestview?
Renting out a property in Florida? See deposit limits, late fee rules and notice periods.
Other Florida metros
Miami, FL
$477K home$2,654 rent6.7% yield
▲ 0.3% 1 yr
Tampa, FL
$357K home$1,991 rent6.7% yield
▼ 0.9% 1 yr
Orlando, FL
$383K home$1,929 rent6.0% yield
▼ 1.4% 1 yr
Jacksonville, FL
$351K home$1,680 rent5.8% yield
▼ 0.1% 1 yr
North Port, FL
$404K home$2,106 rent6.3% yield
▼ 2.0% 1 yr
Cape Coral, FL
$334K home$1,827 rent6.6% yield
▼ 3.5% 1 yr
Lakeland, FL
$296K home$1,814 rent7.4% yield
▼ 2.2% 1 yr
Deltona, FL
$331K home$1,767 rent6.4% yield
▼ 0.3% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.