Craigie Brae
Homes for Sale in Niceville, FL
All 150 homes for sale in Niceville, FL · median $487,000 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
Craigie Brae is a community in Niceville, Okaloosa County, FL. Across Niceville as a whole, 61 homes closed in the last 12 months at a median of $519,000, 26 median days on market, with 152 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $6,690 ($6,180 with the full homestead exemption).
Craigie Brae is an older, established pocket of Niceville — the median home dates to 1972, and the housing stock spans homes built from 1955 all the way to 2024. That spread tells you the real driver of price here is condition, not location premiums or new-construction sheen. A renovated 1970s house and an untouched one on the same street can sit far apart, so the single median figure hides a wide range you have to walk to understand.
With just over 70% of homes claimed as homestead, this is a lived-in, owner-occupied community rather than an investor churn. That tends to mean tighter inventory and less flip volume. For a buyer, the play is to price the renovation work honestly against a home's asking; for a seller, the condition of comparable closings — not a headline number — is what sets your ceiling.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside CRAIGIE BRAE right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Craigie Brae is an established Niceville neighborhood of 244 homes with roots back to 1955 and a median build year of 1972 — mature lots and a housing mix where updates, not age alone, separate the values.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Craigie Brae is best for.
Best for
- Buyers with a renovation budget who want to buy condition-driven and add value
- Owner-occupants seeking an established, mostly homesteaded street over a new subdivision
- Value-focused buyers willing to compare homes individually rather than trust a median
Probably not for
- Buyers who want new-construction finishes without doing any work
- Anyone expecting a pool, gate, or other shared community amenities
- Investors chasing quick flip volume in a high-turnover market
The market around Craigie Brae
Craigie Brae is too small for its own price trend, so here is the market around it.
Across Okaloosa County, 1,691 homes are active and 403 pending (19% under contract).
ZIP and county figures describe the wider market, not Craigie Brae specifically. Momentum Research analysis of MLS records.
The Craigie Brae buying strategy.
If we were buying in Craigie Brae today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Craigie Brae.
An established neighborhood where condition writes the price
The numbers here reward a close read. A median living area around 1,690 square feet and a median vintage of the early 1970s point to a right-sized, single-story-era footprint rather than sprawling newer builds — though the 1955-to-2024 range means you will find genuinely new homes scattered among the originals. The gap between an original-condition house and a fully reworked one is the story of this market, and it is why a single median tells you almost nothing about what you will actually pay for a specific home.
There are no community amenities identified in current MLS listings — no pool, gate, or HOA-driven features to underwrite. That keeps carrying costs simpler and puts the entire value question on the house and the lot. If you want maintained shared amenities, this is not that community; if you want an established address and are willing to judge homes one at a time, it fits.
The location and the amenities are priced into every listing in Craigie Brae. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a neighborhood where a single median masks a wide condition-driven spread, comps are everything — and we walk them. We will tell you which recent closings were renovated and which were as-is, help you back out realistic reno costs before you write an offer, and price a listing off the homes it truly compares to rather than a neighborhood average that flatters nobody.
Craigie Brae in 15 seconds.
Tools for a Craigie Brae buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Craigie Brae sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Craigie Brae, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Craigie Brae home worth?
Get a no-obligation home value based on real comparable sales in Craigie Brae, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: November 11, 2026) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
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.
Recent Developments in Craigie Brae
Development, infrastructure, retail, and school activity affecting Craigie Brae, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
TJ Maxx to open 33,865-square-foot Destin store Nov. 1 at Paradise Key
The off-price retailer opens at 4437 Commons Drive East with a grand opening from 8 a.m. to 8 p.m. on Nov. 1. Regular hours run 9:30 a.m. to 9:30 p.m. daily, and the store sells apparel, accessories, jewelry, and home and beauty goods.
What it may mean for the marketA new national off-price anchor adds everyday shopping close to Destin's commercial corridor and may shorten trips for retail needs. The project is about 9 miles south of Craigie Brae, elsewhere in Okaloosa County.
Source: Get The Coast - October 2026Retail & Dining
7 Brew drive-thru coffee stand opens on Beal Parkway in Fort Walton Beach
The stand at 799 Beal Parkway opened Oct. 19 and is the chain's second in Fort Walton Beach. It is expected to add 75 local jobs, and an opening fundraiser raised $4,661 for an equine therapy nonprofit.
What it may mean for the marketA new drive-thru option along Beal Parkway adds early-morning and late-night food and beverage access and about 75 jobs nearby. The project is about 11 miles southwest of Craigie Brae, elsewhere in Okaloosa County.
Source: Get The Coast - October 2026Infrastructure
Okaloosa outlines Gap Creek drainage projects and permitting hurdles in Fort Walton Beach
County staff described five stormwater efforts, including the Overbrook drainage work, a planned 2.67-acre Sylvania Heights stormwater park estimated at $4 million, and Lloyd Street and Mayflower Avenue improvements expected to go to bid in early 2027. Air Force environmental review and state and Army Corps permits for dredging complicate the timeline.
What it may mean for the marketPlanned drainage upgrades could reduce flooding exposure in the Gap Creek basin over time, though permitting delays mean relief is likely several years out. The project is about 11 miles southwest of Craigie Brae, elsewhere in Okaloosa County.
Source: Get The Coast - October 2026Parks & Amenities
Okaloosa and Cinco Bayou open upgraded boat ramp with new trailer parking
Okaloosa County and the Town of Cinco Bayou held a ribbon cutting for upgraded boat ramp facilities, including 16 new boat trailer parking spaces, a new restroom and landscaping. The $4.1 million total, funded largely by tourism development funds, also covers the $2.95 million purchase of a former bank building at 198 Eglin Parkway NE. Future dock improvements are planned.
What it may mean for the marketAdded trailer parking and ramp access improve waterfront recreation access for Fort Walton Beach area boaters. The project is about 10 miles southwest of Craigie Brae, elsewhere in Okaloosa County.
Source: Get The Coast - September 2026Parks & Amenities
Destin and Okaloosa County agree on management of 4-acre Holiday Isle state park
Destin and Okaloosa County unanimously agreed to back Destin as manager and developer of the roughly four-acre state-acquired park on Holiday Isle near Norriego Point. In return, Destin council voted 5-2 to offer free parking to all Okaloosa County residents at city-owned lots and parks. The deal still requires state Board of Trustees and DEP review.
What it may mean for the marketManagement of the Holiday Isle park and city parking rules will affect public waterfront access and parking in Destin. The project is about 9 miles south of Craigie Brae, elsewhere in Okaloosa County.
Source: Get The Coast - June 2026Civic
DeSantis signs state budget with funding for Okaloosa County projects
Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.
What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 2 miles west of Craigie Brae.
Source: Get The Coast
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
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