Valparaiso Pinecrest
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
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.

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.
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.
Who Valparaiso Pinecrest is best for.
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.
The Valparaiso Pinecrest buying strategy.
If we were buying in Valparaiso Pinecrest 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 Valparaiso Pinecrest.
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.
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.
Tools for a Valparaiso Pinecrest 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 Valparaiso Pinecrest sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Valparaiso Pinecrest, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Valparaiso Pinecrest home worth?
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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 |
| Historical depth | Closed-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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