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What to know about Niceville Florida real estate market

Niceville is a city in Okaloosa County and located near Eglin Air Force Base.

The city lies in the heart of the Fort Walton Beach-Crestview-Destin Metropolitan Statistical Area.  As of the 2010 Census, the population of Niceville was 12,749.

The city is known for its large military presence, with Eglin Air Force Base located just to the west of the city limits.

It is also home to several military contractors and defense-related businesses.

The city has a strong economy and a low unemployment rate, with many residents working in the military, healthcare, education, and retail sectors.

Niceville is a family-friendly community with a variety of amenities, including parks, recreational facilities, and a community center. The city is also home to several schools, including Niceville High School, which is known for its strong academic and athletic programs. 

Here are a few recreational activities you can enjoy in Niceville:

  1. Go boating or fishing: Niceville is located on the shores of Choctawhatchee Bay, which offers ample opportunities for boating and fishing. You can rent a boat or bring your own, and enjoy a day on the water.

  2. Visit the Niceville Community Center: The Niceville Community Center is a great place to spend a day with the family. It features a pool, a gym, and a variety of fitness classes.

  3. Enjoy the city’s parks: Niceville has several parks to choose from, including the Fred G. Gainer Community Park and the Niceville Community Park. These parks offer playgrounds, picnic areas, and sports fields.

  4. Visit Fred Gannon Rocky Bayou State Park, a Florida State Park and campground with RV accommodations, a boat launch and picturesque views of the Choctawatchee Bay.

The real estate market in Niceville, Florida is influenced by several factors, including the city’s strong economy, low unemployment rate, and proximity to Eglin Air Force Base.

Here are a few things you might want to consider when looking at the Niceville real estate market:

  1. Home prices: As of late 2021, the median home value in Niceville as of 2021 was $279,600. 

  2. Home values have increased over time.  This suggests that the real estate market in Niceville is strong and stable.

  3. The rental market may be more affordable: If you’re not interested in buying a home, the rental market in Niceville may be more affordable. As of late 2021, the median rent in Niceville is $1,600, which is lower than the national median rent of $1,695.

Overall, the real estate market in Niceville is relatively strong, with rising home values and a variety of housing options available.

If you are considering buying or selling real estate in Niceville, 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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