The median home in Niceville, Florida is valued at $424,497, down 2.2% year over year. Typical monthly rent is $2,029, producing a price-to-rent ratio of 17.4x — near the national average of 18x. Niceville is part of the Crestview-Fort Walton Beach-Destin, FL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Crestview-Fort Walton Beach-Destin, FL stress score, crash risk, and 12-month forecast →

Home Value$424,497

-2.2%

Rent$2,029/mo

AFFORDABILITY

Enter your income for Niceville.

Income (annual)

Down Payment

$84,899 on $424,497

Out of reach — 44.8% of income

Need $120,043/yr to afford.

PITI$2,801

P/I44.8%

Afford$265K

Gap-$159K

P&I $2,146Tax $304Ins $350

Renting $772/mo cheaper ($2,029 rent)6.50% 30yr, 20% down, county tax + FL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Florida

Compare Niceville with other housing markets across Florida.

Jupiter Island$9494K Golden Beach$7499K Fisher Island$6393K Lake Buena Vista$6088K Jupiter Inlet Colony$3619K Manalapan$3569K Golf$2871K Boca Grande$2635K

Full Crestview-Fort Walton Beach-Destin, FL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Crestview-Fort Walton Beach-Destin, FL metro.

View Crestview-Fort Walton Beach-Destin, FL metro →

NICEVILLE, FL