Is Niceville, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Niceville is a seller's market

Buyer's
Market

Difference Since July 2021

Since last year, Niceville has remained a Seller's Market.

Key Takeaway

Niceville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Niceville, FL cost?

Median Sold Price

$362,500

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$29,005(+8.7%)

Key Takeaway

Homes in Niceville have sold for 8.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $115K-
N/A
2 $160.2K$227.2K
+41.9%
3 $293K$334.2K
+14.1%
4 $474.9K$538.5K
+13.4%
5+ $620K$660.5K
+6.5%

Median Sold Price Compared To Nearby Cities

Valparaiso
+21.4%
Niceville-Valparaiso
+11.9%
Niceville
+8.7%
Eglin AFB
-19.5%

How many homes are available in Niceville, FL?

Number of Homes For Sale

Jun 2022Jul 2022%
9095+5.6%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 99
0.0%
3 5249
-5.8%
4 2533
+32.0%
5+ 44
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
2526+4.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Niceville, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
20 Days10 Days-50.4%

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Niceville are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Niceville, FL

There are 95 homes are for sale in Niceville, FL real estate market. The number of listings in Niceville, FL increased by 5.6% between June 2022 and July 2022. While the average time on the market in July 2022 was 10 days, the median list price was $362,500. Listing prices have changed in this real estate market between June 2022 and July 2022: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 41.9%, prices of 3 bedrooms properties increased by 14.1%, prices of 4 bedrooms properties increased by 13.4%, the cost of 5 bedrooms properties went up by 6.5%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes became 5.8% less available, volume of 4 bedrooms homes went up by 32%, 5 bedrooms homes inventory did not change. While more than 12 listings in Niceville, FL in July 2022 were sold above asking price, there were more than 7 listings sold at asking price, and more than 7 were sold below.

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