Moving to Valparaiso, Florida: The 2026 Data Guide

By Jon Brooks, Co-Founder, Momentum Realty · Updated November 14, 2026

As of 2026-11-14, the median home sold in Valparaiso, Florida over the last 12 months went for $295,000 (10 closings across 12 communities in Momentum’s MLS record), about None per square foot for a median None-sq-ft home built around 2021. Homes currently listed have been on the market a median of 34 days, and with 4 active listings against that sales pace the city is carrying roughly 4.8 months of supply. Sellers have been getting about 100% of their original asking price. That median is 27% below the median across Momentum’s Florida and Georgia coverage.

$295,000

Median sale (12 mo)

$2,226

Est. monthly cost to own

34 days

Days listed (median)

4.8

Months of supply

Valparaiso right now — November 2026

$397,000

Median sale price (12 mo), +27.9% YoY

Homes for sale today

38 days

Median days on market

2.4 mo

Months of supply

$2,060

P&I on the median, 20% down at 6.75%

Live pages for your move: 14 homes for sale in Valparaiso · Property tax · Okaloosa County homes for sale.

MLS closed sales and live inventory, Momentum Research; refreshed nightly. Updated November 14, 2026.

What your budget buys in Valparaiso

Three price points from 26 recent Valparaiso closings in our record, each showing what actually closed within 10% of that price:

Around $615,000: the typical sale in this band was a 4-bed, 3-bath home of about None sq ft, built around 2022 (8 sales).

The real monthly cost of owning in Valparaiso

Take the median $295,000 home with 20% down at today’s 7.11% 30-year rate: principal and interest run about $1,588/month. Okaloosa County’s typical total millage is 12.89 mills, so after the $50,000 homestead exemption the property tax is roughly $3,159/year ($263/month) for a new owner — the seller’s capped bill on the listing will be lower and is not your number. Citizens Property Insurance’s average premium in Okaloosa County is about $2,644/year; private-market quotes vary with roof age and wind mitigation. 75% of current Valparaiso listings carry an HOA, with a median of $155/month where one applies. All in, budget on the order of $2,226/month to own the median Valparaiso home including a typical HOA.

For the full worksheet — taxes by scenario, the homestead exemption, and how the Save Our Homes cap works after year one — see the Okaloosa County property tax guide and our home insurance by county map.

Valparaiso by ZIP code

Sales and medians by ZIP over the same 12 months: 32580 (26 sales, median $427,940).

What’s for sale: property types, new construction, and age of homes

Of the last 12 months of sales, 58% were single-family homes, 42% townhomes or villas. The housing stock skews newer: 58% of homes sold were built in 2015 or later and 4% before 1980.

Getting around from Valparaiso

Measured from the center of Valparaiso’s recent sales: Pensacola is about 43 miles; Panama City is about 56 miles; Tallahassee is about 133 miles; Columbus, GA is about 162 miles. Distances are straight-line; drive times depend on the corridor and time of day.

Schools, taxes, and insurance: where to verify

School assignments change; check the Okaloosa County school grades page for the district’s current grades, and confirm zoning for a specific address directly with the district. Property tax figures on this page use Okaloosa County’s typical millage of 12.89; municipal and special-district millage varies inside the county. Insurance uses Citizens’ Okaloosa County average of $2,644/year; a wind-mitigation inspection and roof age can move a private quote a long way in either direction.

Valparaiso: the case for and against

What works in Valparaiso’s favor

prices run 27% below the statewide median in our coverage
homes move quickly (median 34 days listed), so well-priced homes get competition
no state income tax, and Florida’s Save Our Homes cap limits assessment growth once you homestead

What to plan for

75% of listings carry an HOA (median $155/month)
property taxes reset to your purchase price, so never budget off the seller’s bill

Your Valparaiso relocation toolkit

Common questions about moving to Valparaiso

How much does a house cost in Valparaiso, FL?

The median sale over the last 12 months was $295,000 (10 closings), about None per square foot. Among recent closings in our record a quarter sold under $295,000 and a quarter over $615,000.

What does it cost per month to own a home in Valparaiso?

For the median $295,000 home with 20% down at 7.11%, roughly $2,226 per month including principal, interest, Okaloosa County property tax after the homestead exemption, insurance, and a typical HOA.

What are property taxes like in Valparaiso?

Okaloosa County's typical total millage is 12.89 mills. On the median home that is about $3,159 a year for a new owner after the $50,000 homestead exemption; the assessment resets at purchase, so the seller's bill is not a guide.

Is Valparaiso a buyer's or seller's market right now?

With about 4.8 months of supply and a median 34 days on market for current listings, conditions are roughly balanced.

Is there a lot of new construction in Valparaiso?

New construction is a small share of Valparaiso sales; most of the market is resale.

Does Florida have a state income tax?

No. Florida has no state income tax, including on retirement income, and the Save Our Homes cap limits how fast a homesteaded assessment can rise.

Sales figures are Momentum Realty’s MLS record of closings in Valparaiso communities over the trailing 12 months (community snapshots as of their last refresh; price-band examples from the most recent closings on file); tax and insurance figures are Okaloosa County data. Estimates, not guarantees; verify before relying on them. General relocation guidance, not financial advice. Equal Housing Opportunity.