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Crestview Florida homes for sale

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What to know about the Crestview Florida real estate market

Crestview is a city and the county seat of Okaloosa County.

It is located in the Florida panhandle, about 50 miles east of Pensacola and about 15 miles northwest of the border with Alabama.

In 1997, the city of Crestview was designated as a Florida Main Street Program Community by the Florida Department of State.  

The Florida Main Street Program is a program that helps to revitalize historic downtowns and encourage economic development. 

The city is home to Duke Field, part of Eglin Air Force Base, which occupies a large portion of the land in the region and is a major employer in the area.

In addition to Eglin AFB’s Duke Field, Crestfield is home to a number of major employers that provide employment opportunities for local residents.

Some of the largest employers in the area include

  1. North Okaloosa Medical Center: This hospital and medical center is a major employer in Crestview, with more than 500 employees.

  2. Okaloosa County School District: The school district is a major employer in Crestview, with more than 2,000 teachers and other staff members.

  3. Okaloosa County Government: The county government is a significant employer in Crestview, with a workforce of more than 1,000 people.

  4. Walgreens: This pharmacy chain has a distribution center in Crestview that employs more than 400 people.

Crestview is known for its close proximity to the beach and its outdoor recreational opportunities, such as fishing, hunting, and camping. 

Some of the recreational activities available in Crestview include:

  1. Outdoor recreation: Crestview is located near several state and national parks, including Eglin Air Force Base, Blackwater River State Forest, and the Choctawhatchee National Forest. These areas offer opportunities for activities such as hiking, biking, camping, and fishing.

  2. Golf: Crestview is home to several golf courses, including Foxwood Country Club, Crestview Country Club, and Shoal River Golf Club. 

  3. Beaches: Crestview is located just a short drive from the Gulf of Mexico, and there are several beaches in the area that offer opportunities for swimming, sunbathing, and other beach activities.

  4. Crestview is home to several museums and cultural attractions, including the Bob Sikes Homestead, the Okaloosa County Heritage Museum, and the Air Force Armament Museum

  5. Crestview has a number of sports and recreation centers, including the Crestview Community Center and the Twin Hills Park and Sports Complex. 

The real estate market in Crestview is influenced by several factors, including the local economy, population growth, and demand for housing.

In general, the real estate market in Crestview has been fairly stable in recent years, with home values increasing at a moderate pace.

As of late 2021, the median home value in Crestview was $200,400.

There are a variety of housing options available in Crestview, including single-family homes, apartments, and townhomes.

The cost of housing in Crestview tends to be lower than in some other parts of the state, making it an affordable place to live.

The real estate market in Crestview has attracted both first-time homebuyers and investors, and there is a mix of older and newer homes available.

If you are considering buying or selling real estate in Crestview, contact Banyan Bridge Group.

Our real estate agents can provide valuable guidance on current market conditions, help you determine the right price for your property, and assist you with the negotiation and closing process.

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