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Featured local agent — Niceville, FL
Sarah Mitchell
Compass Real Estate · Niceville, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Niceville, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$552,450median sale price
How is the Niceville, FL housing market right now?
The median home sale price in Niceville, FL is $552,450, up 24.9% year-over-year. Homes sell in an average of 82 days with 111 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Niceville a buyer's or seller's market?
Niceville, FL is currently a balanced market, based on 3.3 months of supply and homes selling in about 82 days. How we determine this →
Homes sold
34
Last 12 weeks
Days on market
82
Average pace
Active listings
111
3.3 months supply
Sale-to-list
98.2%
Below asking
What does the Niceville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $552,450 |
| Median list price | $583,000 |
| Year-over-year price change | +24.9% |
| Average days on market | 82 days |
| Active inventory | 111 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 98.2% |
| Median price per sq ft | $258/sq ft |
| Homes sold (latest month) | 34 |
| New listings (latest month) | 34 |
| Listings with a price cut | 18.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Niceville by property type?
How the Niceville, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $575,000 | $259/sq ft | 32 | 84 days |
| Condo / Co-op | $174,000 | $174/sq ft | 1 | 14 days |
| Townhouse | $241,900 | $185/sq ft | 1 | 25 days |
Source: Redfin · Updated monthly
The Niceville housing market is currently classified as a balanced market with a median sale price of $552,450. Prices have risen 24.9% compared to last year, with homes spending an average of 82 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Niceville
There are currently 111 homes listed for sale in Niceville, Florida. The median listing price is $583K.
Active listings
111
Homes on market
Median list price
$583K
Avg. days on market
82
Days until sale
New this week
34
Newly listed
Who lives in Niceville?
Population
16,043
Median income
$96,611/yr
Median age
39.2 years
Owner-occupied
72.4%
College grads
37.8%
Avg commute
25.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Niceville?
Zillow home value
$438,030
Zillow rent index
$2,275/mo
Price-to-rent ratio
16.0x
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Niceville?
Niceville is a community of approximately 16K residents with a median age of 39.2 years.The median household income is $96,611, which reflects a relatively affluent area with strong earning potential. 37.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 72.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Niceville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Niceville?
6 schools tracked · 5,752 students
The largest public schools serving Niceville, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
NICEVILLE SENIOR HIGH SCHOOL
Grades 9-12 · 1,998 students
C. W. RUCKEL MIDDLE SCHOOL
Grades 6-8 · 1,054 students
BLUEWATER ELEMENTARY SCHOOL
Grades PK-5 · 914 students
JAMES E PLEW ELEMENTARY SCHOOL
Grades PK-5 · 820 students
LULA J. EDGE ELEMENTARY SCHOOL
Grades PK-5 · 543 students
COLLEGIATE HIGH SCHOOL AT NORTHWEST FLORIDA STATE COLLEGE
Grades 9-12 · 423 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Niceville, FL?
Want a head-to-head view? Compare Niceville side-by-side with any other U.S. city using our market-comparison tool.
Is Niceville a good real estate investment market?
For investors evaluating Niceville, the price-to-rent ratio of 16.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 24.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Niceville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Niceville's median home price.
Frequently asked questions
What is the average home price in Niceville?
The median home sale price in Niceville is $552,450, up 24.9% from last year.
How long do homes stay on market in Niceville?
Homes typically spend 82 days on market before going under contract.
What is the median income in Niceville?
The median household income is $96,611 per year.
Is Niceville a buyer's or seller's market?
With 3.3 months of supply, Niceville is currently a balanced market.
What is the Zillow home value estimate for Niceville?
The Zillow Home Value Index (ZHVI) for Niceville is $438,030, representing the typical home value in the area.
What is the median condo price in Niceville?
The median condo/co-op sale price in Niceville, FL is $174,000, compared to $575,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Niceville?
The median single-family home price in Niceville, FL is $575,000 (about $259 per square foot).
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