May 2025 housing market report for Niceville, Fl

Here is the May 2025 housing market report for Niceville, Florida (ZIP code 32578), offering key statistics and insights for homeowners and prospective sellers.

🔸 Niceville Market Snapshot – May 2025

• Median Sale Price: $475,000 (–0.2% YoY)

• Average Price per Sq Ft: $246

• Average Days on Market: 50 days (up from 39 days YoY)

• Homes Sold: 85 (up 49.1% MoM)

• Homes for Sale: 334 (up 0.3% MoM)rocket.com

🏘️ Neighborhood Highlights

Niceville-Valparaiso Area

• Median Sale Price: $470,900 (+0.2% YoY)rocket.com+5rocket.com+5redfin.com+5

Valparaiso

• Median Sale Price: $320,000 (–17.7% YoY)

📊 Market Trends

• Market Type: Seller's Market

• Price Trends by Bedrooms:

  • 1 Bedroom: $180,000 (–5.3% YoY)

  • 2 Bedrooms: $250,000 (–3.8% YoY)

  • 3 Bedrooms: $415,000 (+2.4% YoY)

  • 4 Bedrooms: $610,000 (–1.9% YoY)

  • 5+ Bedrooms: $800,000 (+3.2% YoY)rocket.com+1zillow.com+1rocket.com

• Sales Dynamics:

  • Under 30 Days: 55% of homes sold

  • 30–90 Days: 28% of homes sold

  • Over 90 Days: 16% of homes soldredfin.com+2rocket.com+2rocket.com+2redfin.com

• Sale-to-List Price Ratio:

  • Below Asking: 52.4% of homes

  • At Asking: 37% of homes

  • Above Asking: 11% of homes

📌 Summary for Sellers

• Pricing Strategy: With over half of homes selling below asking price, it's crucial to price competitively to attract buyers.

• Market Preparation: Given the increase in average days on market, investing in home staging and minor improvements can enhance appeal.

• Highlight Features: Emphasizing unique features and benefits of your property can help it stand out in a more competitive market.

Note: The above information is based on available data as of May 2025. For the most accurate and up-to-date information, consulting with a local real estate professional is recommended.