Valparaiso
Housing Market
Median sale price $370,880, up 9.0% year over year, with homes going under contract in about 30 days, 4 homes on the market.
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Housing Market Analyst
Inventory sits at 6.0 months of supply — balanced by the 3-to-6-month balanced benchmark, and 39% of listed homes are already under contract. Prices are up 9.0% versus the prior year and sellers are still collecting 97.7% of asking. Taken together, the data points to a seller-leaning market.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors sellers.
- Prices — balanced supply argues for a sideways market; condition and pricing decide individual outcomes.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — sellers hold the leverage while 39% of inventory sits under contract.
- Mortgage sensitivity — at 4.5× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current Valparaiso data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on Valparaiso
The median sale price across Valparaiso currently stands at $370,880, up 9.0% from a year ago. The typical home goes under contract in about 30 days. Sellers are capturing 97.7% of their original asking price on average.
There are 4 active listings on the market, with 3 more already under contract. At the current sales pace that works out to 6.0 months of supply — a buyer-leaning market by the standard six-month benchmark. 15 homes closed here over the trailing 12 months.
Zillow's home value index for Okaloosa County stands at $356,683. About 25% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for Valparaiso is 65 of 100 — healthy market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 15, 2026.
Valparaiso since 2018 — and where it’s heading
A median home here sold for $197,237 in 2018 and $459,917 over the last recorded year — 133% appreciation across 8 years of recorded sales.
Median sale price · 2018–2026 (123 recorded sales)
Days on market by year
Home value trend · Okaloosa County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Okaloosa County (MLS)
Median price · daily recalculation
What’s driving Valparaiso
Top inbound states: TX, CA, AL, NC. Movers arriving report ~$72,311 average income. Source: IRS SOI county-to-county migration, 2022-2023
1,101 Citizens policies in force in Okaloosa County — the state-backed insurer of last resort. Budget insurance into any Okaloosa purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
987 single-family · 70 multi-family · 4.9 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
Sellers: price to the last 60 days of comps, not the peak — well-prepared listings are still commanding strong terms. Buyers: get underwritten now so you can move when the right house hits.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
How it stacks up across Okaloosa County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Valparaiso ← this page | $371K | 4 | 65 | |
| Destin | $730K | 321 | 27 | Open → |
| Crestview | $322K | 187 | 59 | Open → |
| Fort Walton Beach | $365K | 94 | 65 | Open → |
| Niceville | $536K | 59 | 65 | Open → |
| Mary Esther | $320K | 55 | 55 | Open → |
Neighborhoods on the move
| RAIDERS LANDINGValparaiso | $621K | 3 |
Valparaiso ZIP codes
Most active communities
More on Valparaiso
Put this data to work
The questions people actually ask
Should I buy a house in Valparaiso right now?
The data says conditions currently favor sellers in Valparaiso — the Momentum Score reads 65/100 with 6.0 months of supply. Buyers should come fully underwritten; sellers still set the pace here. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is Valparaiso becoming more affordable?
No — the median sale price in Valparaiso is $370,880, up 9.0% versus the prior year, while sellers still capture 97.7% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
How does Valparaiso compare to the rest of Okaloosa County?
Valparaiso's median of $370,880 runs 2% above the county-wide median of $365,000, and homes here take 30 days to go under contract versus 67 county-wide.
Valparaiso housing market FAQ
How is the housing market in Valparaiso right now?
As of September 15, 2026, the Valparaiso housing market favors sellers: the median sale price is $370,880 (up 9.0% year over year), 4 homes are for sale against 15 sales in the last 12 months, which is 6.0 months of supply, and the typical home goes under contract in about 30 days.
How much is a house in Valparaiso?
The median home sold for $370,880 in Valparaiso over the last 12 months; asking prices on the 4 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in Valparaiso?
By the numbers, sellers in Valparaiso are getting 97.7% of asking price and going under contract in about 30 days with 6.0 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the Valparaiso housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Valparaiso median sale prices are up 9.0% year over year, inventory stands at 6.0 months of supply, and 39% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in Valparaiso?
The median sale price in Valparaiso is currently $370,880, up 9.0% from a year ago, based on MLS sales data updated September 15, 2026.
Is Valparaiso a buyer's or seller's market right now?
The data currently favors sellers. Valparaiso scores 65 of 100 on the Momentum Score, with 6.0 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in Valparaiso?
The typical home in Valparaiso goes under contract in about 30 days, per current MLS data.
How many homes are for sale in Valparaiso?
There are approximately 4 active listings in Valparaiso as of September 15, 2026.
Are home prices in Valparaiso rising or falling?
Median sale prices are up 9.0% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across Valparaiso. Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: September 15, 2026 at 7:33 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.