Valparaiso Pinecrest in Niceville

Valparaiso Pinecrest
Homes for Sale in Niceville, FL

All 150 homes for sale in Niceville, FL · median $487,000 · Okaloosa County homes for sale

Community in Niceville · Okaloosa County · ZIP 32580
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS dataUpdated twice daily

As of November 2026, the MLS records 1 closed sale in Valparaiso Pinecrest 1 in Niceville, FL, the most recent in October 2026. 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).

Last 30 days in Valparaiso Pinecrest: 1 closed sale (median $535,000). As of November 11, 2026, Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate.

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)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 26, 2026

Price here is driven by condition and square footage, not by any premium the subdivision itself commands. With a median build year of 1983 and a housing stock that runs all the way back to 1911, what you pay tracks closely to how much updating a given house has already absorbed. The median living area of roughly 2,288 square feet gives you real room to work with, but expect the spread between a renovated home and an original one to be wide.

The current posture is thin: one active listing against 416 homes and a single closing in the recent window. That is not a market you can time on comps alone, because there simply aren't many. For a seller, low active supply means a well-prepared home doesn't fight much for attention. For a buyer, it means patience and a willingness to move when the right house surfaces, since the next comparable sale may be a while off.

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 VALPARAISO PINECREST 1 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.

340 Chicago Avenue
$339K · 0.2 mi away
3 bd · 2 ba
340 Chicago Avenue
Listed by HomeBiz Properties
259 Edge Avenue
$290K · 0.3 mi away
3 bd · 1 ba
259 Edge Avenue
Listed by Harrison Lilly Emerald Coast
255 Edge Avenue
$500K · 0.3 mi away
6 bd · 3 ba
255 Edge Avenue
Listed by Real Broker LLC
390 Davenport Avenue
$549K · 0.4 mi away
5 bd · 3 ba
390 Davenport Avenue
Listed by Elevation Realty Inc
104 Regatta Drive #104
$530K · 0.5 mi away
3 bd · 2.5 ba
104 Regatta Drive #104
Listed by Realty West
204 Regatta Drive
$650K · 0.5 mi away
3 bd · 3 ba
204 Regatta Drive
Listed by Bayside Realty NWF

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

VALPARAISO PINECREST 1 is an established, low-turnover pocket of Valparaiso in Okaloosa County, with a housing stock spanning more than a century and a high owner-occupancy rate that keeps listings scarce.

Emerald Coast MLS sales records identify 5 homes in VALPARAISO PINECREST that have changed hands since 2017, built between 1950 and 2013 (median 1970), with a median living area of about 1,685 sq ft and a typical 4-bedroom, 2-bath layout; 100% are single-family homes. Source: Emerald Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

Best for

  • Buyers prepared to budget for updates on older construction in exchange for more square footage
  • Long-hold owners who value a low-turnover, established location over amenity packages
  • Renovation-minded buyers who can assess a home on its systems, not just its finishes

Probably not for

  • Buyers who need a large set of recent comparable sales to justify an offer
  • Anyone wanting a move-in-ready, no-work home with predictable pricing
  • Buyers seeking community amenities like pools or shared recreation on site

The market around Valparaiso Pinecrest

Valparaiso Pinecrest is too small for its own price trend, so here is the market around it.

In ZIP 32580, 19 homes are on the market and 26% are under contract — a steady corner of Niceville.

Across Okaloosa County, 1,691 homes are active and 403 pending (19% under contract).

In ZIP 32580 (Niceville), 53 homes closed in the last 12 months at a median of $328K, up 5.8% year over year, with a median 29 days on market. Right now 5 active and 5 pending listings put supply at about 1.1 months — a strong market. See the live ZIP 32580 housing market and the Okaloosa County market.

ZIP and county figures describe the wider market, not Valparaiso Pinecrest specifically. Momentum Research analysis of MLS records.

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 usable square footage in an established Valparaiso pocket and are comfortable evaluating older homes.
Biggest Risk
Sparse recent sales make pricing harder to pin down with confidence.
Sweet Spot
An updated home near the median footprint, bought after a thorough inspection.
Avoid If
You need turnkey certainty and a deep pool of comps before you commit.

An established stock that rewards due diligence

The year-built range from 1911 to 2024 tells you this is not a uniform tract product. Homes were added in waves over decades, so two houses on the same block can differ dramatically in systems, layout, and how much work they've had. The median year of 1983 puts the center of gravity in older construction, which makes inspection quality and roof, HVAC, and electrical history the real levers on value.

Owner-occupancy sits at 68 percent, which points to a settled ownership base and helps explain the light listing flow. At roughly 2,288 median square feet, the typical home offers usable space rather than a starter footprint. No community amenities show up in current MLS listings, so the value case rests on the house, the lot, and the Valparaiso location itself.

“

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

Why work with Momentum here

In a market this thin, the data will not carry a decision on its own. We read individual homes on their systems and condition, price against the limited evidence honestly, and tell you plainly when a listing's age is a bargaining point rather than a dealbreaker. That is how you avoid overpaying for cosmetics or walking away from a solid house over fixable items.

Valparaiso Pinecrest in 15 seconds.

Best forBuyers who want usable square footage in an established Valparaiso pocket and are comfortable evaluating older homes.
Biggest advantageLow active supply means a well-prepared home faces little direct competition.
Biggest riskSparse recent sales make pricing harder to pin down with confidence.
Sweet spotAn updated home near the median footprint, bought after a thorough inspection.
Avoid ifYou need turnkey certainty and a deep pool of comps before you commit.
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.
Buyers prepared to budget for updates on older construction in exchange for more square footageExcellent fit
Long-hold owners who value a low-turnover, established location over amenity packagesExcellent fit
Renovation-minded buyers who can assess a home on its systems, not just its finishesExcellent fit
Buyers who need a large set of recent comparable sales to justify an offerProbably not
Anyone wanting a move-in-ready, no-work home with predictable pricingProbably not
Buyers seeking community amenities like pools or shared recreation on siteProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: November 11, 2026)
Under-contract sharesEmerald Coast MLS records, as of 2026-11-09
Historical depthClosed-sale records back to 2026 (1 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.

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Housing distress & ownership in VALPARAISO PINECREST 1, 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 6 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-11-09)

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.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

Nearby Communities

Explore more neighborhoods near Valparaiso Pinecrest with Momentum Realty’s local guides.

Valparaiso Village0.1 mi awayGrey Moss Point0.6 mi away · 1 for saleGrey Moss Point S D0.6 mi away · 190 homes, built 1911–24Beaver Run Townhomes0.7 mi awayBeaver Run0.7 mi awayCom 510 Ft E Of Nw Cor S110 Ft W54 Ft Nwly 115 Ft0.7 mi away · 1 for saleCedar Ave0.7 mi away · 1 for saleHidden Cove T H0.8 mi away · 83 homes, built 1975–19

Browse all neighborhood guides →

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