Market Reports by Rob Brooks Realty

Niceville, FL

Single-Family Homes

mail@robbrooks.com | (850) 776-6706 | RobBrooksRealty.com



Niceville, FL

Wed Jan 15 2025
This week the median list price for Niceville, FL is $559,450 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 128. Click here to stay informed with the Niceville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Niceville, FL

Wed Jan 15 2025
This week the median list price for Niceville, FL is $559,450 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 128. Click here to stay informed with the Niceville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Niceville market.
Median List Price $559,450
Median Price of New Listings $619,900
Per Square Foot $257
Average Days on Market 105
Median Days on Market 81
Price Decreased 40%
Price Increased 2%
Relisted 4%
Inventory 128
Median Rent
Market Action 32
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$932,495 2,985 0.25 - 0.5 acre 4 3.5 10 3 4 91
$617,450 2,390 8,000 - 10,000 sqft 4 2.5 21 1 1 105
$480,000 1,956 0.25 - 0.5 acre 4 2 25 0 0 84
$347,900 1,392 8,000 - 10,000 sqft 3 2 41 3 4 59