Valparaiso Pinecrest in Niceville

Valparaiso Pinecrest
Homes for Sale in Niceville, FL

All 182 homes for sale in Niceville, FL · median $499,900 · 183 homes for sale in 32578 · Okaloosa County homes for sale

Community in Niceville · Okaloosa County · ZIP 32578
20 homesBuilt 1950–2020Median sale $233K
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data33 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, Valparaiso Pinecrest 2 in Niceville, FL has 2 homes for sale. Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $232,950, a median 16 days on market, sellers accepting 98% of original asking. Homes listed or recently sold were built 1972–2025 with 1 new construction; none of the 7 geocoded homes sit in a FEMA special flood hazard zone (median elevation 58 ft). At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $3,000 ($2,490 with the full homestead exemption).

Live · Valparaiso Pinecrest Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$233K
Median sold · 12 mo
98.3%
Sale vs ask
+357%
T12M median vs 2012
from a $51K median in 2012
Tempo
6.0mo
Supply
3 to 6 months is the balanced band
17days
Median DOM · closed
3 days at the 2021 low
0%
Under contract
Okaloosa: 23% (551 of 2,441)
2 · 0
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
55%
Owner-occupied · Valparaiso Pinecrest
11 of 20 parcels homesteaded (FL DOR 2025)
45%
Non-owner-occupied · Valparaiso Pinecrest
incl. 25% trust or LLC-held · 10% out-of-state
20
Homes in the community
20 residential parcels (FL DOR 2025)
Track record · 33 years of records
Est. 1950
Community established
homes built 1950-2020, median 1983 (FL DOR 2025)
20.0%/yr
Turnover rate
about 4 of 20 homes trade a year

Homes For Sale Right Now in Valparaiso Pinecrest

Live MLS inventory for Valparaiso Pinecrest. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Valparaiso Pinecrest listings as of 2026-10-01, priced high to low. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Tap any home to ask about it.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by condition and vintage, not amenities. The median sits at $224,000 for a community whose homes span decades, with a median build year of 1984 and a median footprint just under 1,900 square feet. That spread means the number on any given listing tells you as much about renovation status as location, so read each home on its own terms.

Posture is tight and quick. With a median of 12 days on market and just one active listing against 386 homes, inventory is scarce and well-kept homes move fast. Buyers should come prepared to act; sellers hold real leverage when the home shows well, but pricing still has to match condition because comparisons run across a wide range of ages.

Valparaiso Pinecrest Housing Pulse · Momentum Research · as of September 20, 2026

Valparaiso Pinecrest right now

🟡 Balanced market. 6.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Emerald Coast MLS records, as of September 20, 2026. Confidence: Medium (2 active and pending listings, 4 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated October 2, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Valparaiso Pinecrest market snapshot (as of September 20, 2026): the median sale price is about $233K, a median 17 days on market for closed sales, and 6.0 months of supply, a balanced market.

In ZIP 32578 (Niceville), 347 homes closed in the last 12 months at a median of $530K, down 4.2% year over year, with a median 43 days on market. Right now 66 active and 39 pending listings put supply at about 3.4 months — a healthy market. See the live ZIP 32578 housing market and the Okaloosa County market.

Valparaiso Pinecrest is a community of 20 homes in Niceville, Okaloosa County, built between 1950 and 2020 (median 1982.5), with a median living area of about 1,558 square feet. 55% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Valparaiso Pinecrest 2 is an established, largely owner-occupied pocket of Niceville, with roughly 62% of homes homesteaded and a housing stock that runs from prewar cottages to new construction.

Best for

  • Buyers targeting a mid-size home around the $224,000 median who can decide quickly
  • Owner-occupants planning to stay put in an established Niceville pocket
  • Renovation-minded buyers comfortable evaluating older homes on condition

Probably not for

  • Buyers who need amenity-driven community features
  • Shoppers who want many active listings to compare at once
  • Anyone unwilling to move fast when a well-kept home lists

Windows contain 0 to 6 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$200K$300K20122014201620182020202220242026
Median days on market · closed sales
05020122014201620182020202220242026
3 days at the 2021 low; 17 now.
Sale price vs original ask · median
80%90%100%20122014201620182020202220242026
98.3% now.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 6 a year; 4 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Okaloosa County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,251/mo
Okaloosa County typical true cost to own
$220/mo
Okaloosa County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

30% of homes for sale in ZIP 32578 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-01).

Valparaiso Pinecrest Market Scorecard

Balanced

Valparaiso Pinecrest is currently a balanced market. About 6.0 months of supply, a median asking price of $447,500, and homes go under contract in about 14 days.

6.0
Months supply
$447,500
Median list
$232,950
Median sold
14
Days on mkt
3/0/4
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Emerald Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in VALPARAISO PINECREST 2, Niceville

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 9 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-10-01)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Okaloosa County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Edge · Elementary
  • Ruckel · Middle
  • Niceville · High

Zoned schools reflect the assignments reported on recent Valparaiso Pinecrest listings and can change; always confirm with Okaloosa County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Valparaiso Pinecrest address.

If we were buying in Valparaiso Pinecrest today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Valparaiso Pinecrest.

Best Buy
Buyers who want an established Niceville address and are ready to act fast on limited inventory.
Biggest Risk
A wide age range means condition varies sharply from home to home.
Sweet Spot
A well-updated, mid-size home near the $224,000 median that shows clean.
Avoid If
You need amenities or a large pool of listings to choose from.

A condition-driven market with thin supply

The defining feature here is age range: homes built from 1940 through 2024 sit side by side, with the middle of the pack landing around 1984. That variety means two homes at similar square footage can be worlds apart on systems, roofs, and finishes. The median living area near 1,889 square feet gives you a usable, mid-size footprint to work with, but the value inside it depends heavily on updates.

Supply is the other headline. One active listing across 386 homes, paired with a 12-day median time to contract, signals a market where turnover is low and buyers rarely have several options at once. The high homestead share reinforces that this is a stay-put area rather than an investor churn, which tends to keep listings scarce and competition sharp when something does hit the market.

“

The location and the amenities are priced into every listing in Valparaiso Pinecrest. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.1B · Buy Score
Long-Term Appreciation10.0/10
Liquidity & Demand4.0/10
Owner Commitment5.5/10
Pricing Power8.9/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (7.1). Basis: Long-Term Appreciation +357% since 2012; Liquidity & Demand 6.0 months of supply; Owner Commitment 55% owner-occupied; Pricing Power 98.3% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market this thin and this age-diverse, the work is in pricing and inspecting to condition, not to a headline median. We help buyers move decisively when the right home appears and help sellers position a well-kept home against a field of very mixed vintages. Local read on which updates carry weight is the difference between a fast, clean close and a stalled listing.

Valparaiso Pinecrest in 15 seconds.

Best forBuyers who want an established Niceville address and are ready to act fast on limited inventory.
Biggest advantageScarce supply and quick contracts give prepared sellers real leverage.
Biggest riskA wide age range means condition varies sharply from home to home.
Sweet spotA well-updated, mid-size home near the $224,000 median that shows clean.
Avoid ifYou need amenities or a large pool of listings to choose from.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Valparaiso Pinecrest homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Valparaiso Pinecrest.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Valparaiso Pinecrest sales matched to your home.

What is your Valparaiso Pinecrest home worth?

Get a no-obligation home value based on real comparable sales in Valparaiso Pinecrest, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Niceville →

Real comps, not an automated estimate.

Recently off market in VALPARAISO PINECREST 2

Homes in VALPARAISO PINECREST 2 that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.

Frequently Asked Questions

What is the median home price in Valparaiso Pinecrest?
The median sale price in Valparaiso Pinecrest was $233K over the 12 months ending September 20, 2026 (4 closed sales, Emerald Coast MLS).
How long do homes in Valparaiso Pinecrest take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 17 days on market (4 sales, Emerald Coast MLS).
Is Valparaiso Pinecrest a buyer's or seller's market right now?
As of September 20, 2026, Valparaiso Pinecrest is roughly balanced: 6.0 months of supply at the current sales pace (Emerald Coast MLS live counts).
How many homes are in Valparaiso Pinecrest?
The Florida DOR 2025 assessment roll shows 20 homes in Valparaiso Pinecrest (public records).
What share of Valparaiso Pinecrest is owner-occupied?
55% of Valparaiso Pinecrest parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Valparaiso Pinecrest built?
Homes in Valparaiso Pinecrest were built between 1950 and 2020, with a median year built of 1982.5 (FL DOR 2025 roll).
Have Valparaiso Pinecrest home prices gone up?
The trailing-12-month median is up 357% since 2012, from $51K to $233K (Emerald Coast MLS closed records).
Who is the best real estate agent for Valparaiso Pinecrest?
The best agent for Valparaiso Pinecrest is one who actively works Niceville and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Valparaiso Pinecrest.
How do I find a top Niceville real estate agent who knows Valparaiso Pinecrest?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Valparaiso Pinecrest and the wider Niceville area.
Can Momentum Realty connect me with an agent for Valparaiso Pinecrest?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Valparaiso Pinecrest purchase or sale - no call center and no pressure.
Where is Valparaiso Pinecrest, and what county is it in?
Valparaiso Pinecrest is in Niceville, Okaloosa County, FL, ZIP 32578. The community's center is about 7 miles northwest of the center of Niceville (straight-line).
Buyers targeting a mid-size home around the $224,000 median who can decide quicklyExcellent fit
Owner-occupants planning to stay put in an established Niceville pocketExcellent fit
Renovation-minded buyers comfortable evaluating older homes on conditionExcellent fit
Buyers who need amenity-driven community featuresProbably not
Shoppers who want many active listings to compare at onceProbably not
Anyone unwilling to move fast when a well-kept home listsProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: October 1, 2026)
Community market statsEmerald Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 32578))
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 1993 (61 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Emerald Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

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CallFree valuation →
Thinking of selling in VALPARAISO PINECREST 2? 4 recorded closings; median 16 days on market (window ending 2026-09-20). See the Okaloosa County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

More on Valparaiso Pinecrest

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