PINECREST HILLS
Homes for Sale in Niceville, FL

Community in Niceville · Okaloosa County · ZIP 32578
277 homesBuilt 1964–2024Median sale $245K
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Built fromLive emeraldcoast data33 years of closingsFL DOR public recordsUpdated twice daily
Live · PINECREST HILLS Housing Pulse emeraldcoast + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$245K
Median sold · 12 mo
81.7%
Sale vs ask
Okaloosa median: 96.6%
+104%
T12M median vs 2012
from a $120K median in 2012
Tempo
76days
Median DOM · closed
2 days at the 2018 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
70%
Owner-occupied · PINECREST HILLS
195 of 279 parcels homesteaded (FL DOR 2025)
30%
Non-owner-occupied · PINECREST HILLS
incl. 10% trust or LLC-held · 8% out-of-state
0%
Cash buyers · PINECREST HILLS
0 of 3 sales, 12 mo ending July 2026
277
Homes in the community
plus 2 vacant residential lots · 279 residential parcels (FL DOR 2025)
Track record · 33 years of records
Est. 1964
Community established
homes built 1964-2024, median 1973 (FL DOR 2025)
1.1%/yr
Turnover rate
about 3 of 277 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by condition and updates, not by amenities or new construction. The typical home dates to the early 1970s and runs around 1,667 square feet, so the median of $245,000 reflects an older, mid-sized housing stock where a renovated house and a dated one can sit far apart on price. Expect a wide spread tied almost entirely to how much work a given property needs.

Market posture leans patient. A median of 76 days on market means homes are not moving fast, which gives buyers room to inspect, negotiate, and walk away. Sellers should price to condition from the start and plan for a longer marketing window rather than a quick sale.

The 60-Second Overview

PINECREST HILLS market snapshot (as of July 25, 2026): the median sale price is about $245K, and a median 76 days on market for closed sales.

PINECREST HILLS is a community of 277 homes in Niceville, Okaloosa County, built between 1964 and 2024 (median 1973), with a median living area of about 1,667 square feet. 70% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Pinecrest Hills is an established Niceville neighborhood of roughly 277 homes with no community amenities identified in current MLS listings. With nearly 70% owner-occupied under homestead exemption, it reads as a settled, primarily lived-in area rather than an investor or rental play.

Best for

  • Buyers seeking a mid-sized home in an established Niceville neighborhood around the $245,000 median
  • Renovation-minded buyers willing to update an older home to build value through condition
  • Long-term owner-occupants who value a settled, primarily owner-occupied area over amenities

Probably not for

  • Buyers who want new construction and modern floor plans
  • Anyone requiring pools, clubhouses, or other community amenities on site
  • Investors chasing a quick flip in a market where homes take roughly 76 days to sell

Windows contain 0 to 3 sales each (3 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.

Homes sold per 12-mo window
012320122014201620182020202220242026
0 to 3 a year; 3 in the current window.

If we were buying in PINECREST HILLS 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 PINECREST HILLS.

Best Buy
Buyers who want an established Niceville location and are comfortable with an older home.
Biggest Risk
Older stock means condition varies widely, and updates cost real money.
Sweet Spot
A well-maintained or updated home near the median of $245,000.
Avoid If
You need amenities, new construction, or a fast, competitive close.

An older stock priced on condition

The housing here spans homes built from 1964 through 2024, but the median year built of 1973 tells the real story: this is a mature neighborhood where most inventory predates modern layouts and systems. At a median of about 1,667 square feet, these are practical, right-sized homes, and the value question comes down to whether roof, HVAC, and interiors have been addressed.

Prices have climbed 104% since 2012, so long-term owners have seen meaningful gains, though that is history, not a forecast. Combined with a 76-day median time on market, the current picture favors buyers who do their homework and sellers who present a move-in-ready property or price honestly for the work required.

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

Jon Brooks · Founder, Momentum Realty
4.7C- · Buy Score
Long-Term Appreciation7.2/10
Owner Commitment7.0/10
Pricing Power0.0/10

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 3 factors (4.7). Basis: Long-Term Appreciation +104% since 2012; Owner Commitment 70% owner-occupied; Pricing Power 81.7% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a condition-driven market like Pinecrest Hills, the difference between a fair deal and an overpay lives in the inspection and the comparables. We read past cosmetic updates to the systems that actually cost money, and with a 76-day median time on market, we help buyers negotiate from patience and help sellers set a price that moves rather than lingers.

PINECREST HILLS in 15 seconds.

Best forBuyers who want an established Niceville location and are comfortable with an older home.
Biggest advantageA slower market gives buyers time to inspect and negotiate.
Biggest riskOlder stock means condition varies widely, and updates cost real money.
Sweet spotA well-maintained or updated home near the median of $245,000.
Avoid ifYou need amenities, new construction, or a fast, competitive close.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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 PINECREST HILLS sales matched to your home.

What is your PINECREST HILLS home worth?

Get a no-obligation home value based on real comparable sales in PINECREST HILLS, 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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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in PINECREST HILLS?
The median sale price in PINECREST HILLS was $245K over the 12 months ending July 25, 2026 (3 closed sales, emeraldcoast).
How long do homes in PINECREST HILLS take to sell?
Homes that closed in the 12 months ending July 25, 2026 took a median 76 days on market (3 sales, emeraldcoast).
How many homes are in PINECREST HILLS?
The Florida DOR 2025 assessment roll shows 277 homes plus 2 vacant residential lots in PINECREST HILLS (public records).
What share of PINECREST HILLS is owner-occupied?
70% of PINECREST HILLS parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in PINECREST HILLS built?
Homes in PINECREST HILLS were built between 1964 and 2024, with a median year built of 1973 (FL DOR 2025 roll).
Do cash buyers compete in PINECREST HILLS?
Cash buyers took 0% of PINECREST HILLS sales in the 12 months ending July 2026 (0 of 3 closings, emeraldcoast).
Have PINECREST HILLS home prices gone up?
The trailing-12-month median is up 104% since 2012, from $120K to $245K (emeraldcoast closed records).
Who is the best real estate agent for PINECREST HILLS?
The best agent for PINECREST HILLS 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 PINECREST HILLS.
How do I find a top Niceville real estate agent who knows PINECREST HILLS?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows PINECREST HILLS and the wider Niceville area.
Can Momentum Realty connect me with an agent for PINECREST HILLS?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your PINECREST HILLS purchase or sale - no call center and no pressure.
Buyers seeking a mid-sized home in an established Niceville neighborhood around the $245,000 medianExcellent fit
Renovation-minded buyers willing to update an older home to build value through conditionExcellent fit
Long-term owner-occupants who value a settled, primarily owner-occupied area over amenitiesExcellent fit
Buyers who want new construction and modern floor plansProbably not
Anyone requiring pools, clubhouses, or other community amenities on siteProbably not
Investors chasing a quick flip in a market where homes take roughly 76 days to sellProbably not

Data sources & freshness

Community market statsemeraldcoast closed sales, 12-month windows ending July 25, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (5 streets, ZIP 32578/32580))
Historical depthClosed-sale records back to 1993 (54 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 emeraldcoast 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.

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