BANYAN BRIDGE GROUP
BANYAN BRIDGE GROUP
Valparaiso is a city located in Okaloosa County and situated on the Florida Panhandle, about 20 miles northwest of Fort Walton Beach and 20 miles east of Pensacola.
The city has a population of around 22,000 people and is known for its small town atmosphere and close proximity to several military bases, including Eglin Air Force Base.
The real estate market in Valparaiso 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 Valparaiso real estate market:
Home prices: As of late 2021, the median home value was $279,600.
Home values have increased over time. This suggests that the real estate market in Valparaiso is strong and stable.
The rental market may be more affordable: If you’re not interested in buying a home, the rental market in Valparaiso may be more affordable. As of late 2021, the median rent in Valparaiso is $1,600, which is lower than the national median rent of $1,695.
Overall, the real estate market in Valparaiso is relatively strong, with rising home values and a variety of housing options available.
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