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Featured local agent — Shalimar, FL
Sarah Mitchell
Compass Real Estate · Shalimar, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Shalimar, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$420,000median sale price
How is the Shalimar, FL housing market right now?
The median home sale price in Shalimar, FL is $420,000. Homes sell in an average of 303 days with 5 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Shalimar a buyer's or seller's market?
Shalimar, FL is currently a buyer's market, based on 5.0 months of supply and homes selling in about 303 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
303
Average pace
Active listings
5
5.0 months supply
Sale-to-list
87.5%
Below asking
What does the Shalimar housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $420,000 |
| Average days on market | 303 days |
| Active inventory | 5 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 87.5% |
| Median price per sq ft | $311/sq ft |
| Homes sold (latest month) | 1 |
| Listings with a price cut | 20.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Shalimar by property type?
How the Shalimar, 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 | $580,000 | $244/sq ft | 1 | 57 days |
| Townhouse | $420,000 | $311/sq ft | 1 | 303 days |
Source: Redfin · Updated monthly
The Shalimar housing market is currently classified as a buyer's market with a median sale price of $420,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 303 days on market, indicating 5.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Shalimar
There are currently 5 homes listed for sale in Shalimar, Florida.
Active listings
5
Homes on market
Avg. days on market
303
Days until sale
Who lives in Shalimar?
Population
839
Median income
$108,182/yr
Median age
52.6 years
Owner-occupied
70.0%
College grads
60.7%
Avg commute
20.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Shalimar?
Zillow home value
$390,224
Zillow rent index
$1,933/mo
Price-to-rent ratio
16.8x
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Shalimar?
Shalimar is a community of approximately 1K residents with a median age of 52.6 years.The median household income is $108,182, which reflects a relatively affluent area with strong earning potential. 60.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 70.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Shalimar offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Shalimar?
3 schools tracked · 1,721 students
The largest public schools serving Shalimar, 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.
SHALIMAR ELEMENTARY SCHOOL
Grades PK-5 · 589 students
LONGWOOD ELEMENTARY SCHOOL
Grades PK-5 · 574 students
CLIFFORD MEIGS MIDDLE SCHOOL
Grades 6-8 · 558 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 Shalimar, FL?
Want a head-to-head view? Compare Shalimar side-by-side with any other U.S. city using our market-comparison tool.
Is Shalimar a good real estate investment market?
For investors evaluating Shalimar, the price-to-rent ratio of 16.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 0.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Shalimar's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Shalimar's median home price.
Frequently asked questions
What is the average home price in Shalimar?
The median home sale price in Shalimar is $420,000, down 0.0% from last year.
How long do homes stay on market in Shalimar?
Homes typically spend 303 days on market before going under contract.
What is the median income in Shalimar?
The median household income is $108,182 per year.
Is Shalimar a buyer's or seller's market?
With 5.0 months of supply, Shalimar is currently a buyer's market.
What is the Zillow home value estimate for Shalimar?
The Zillow Home Value Index (ZHVI) for Shalimar is $390,224, representing the typical home value in the area.
How much does a single-family home cost in Shalimar?
The median single-family home price in Shalimar, FL is $580,000 (about $244 per square foot).
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