Market Overview
Home Prices in Baker, FL
The median home value in Baker, FL is $328,912 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and down 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Baker are priced20% below average. Baker is part of the Crestview-Fort Walton Beach-Destin, FL metro area.
Over the past five years, Baker home values have risen by approximately23.8%, reflecting strong long-term appreciation in this market.
Price History
Baker Home Price Trend
City Comparison
Baker vs. National Median
At $328,912, homes in Baker cost 20% below the national median of $410,000. This makes Baker a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Baker?
20% Down Payment
$65,782
on $328,912
Monthly P&I
$1,715/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,178/mo
incl. taxes & insurance
Income Needed
$87,120
gross annual (30% rule)
10% Down Option
$32,891
+ PMI applies
Loan Amount (20% dn)
$263,130
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Baker, FL?
The median home value in Baker is $328,912 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.7% year-over-year.
How much have home prices changed in Baker?
Over the past year, home values in Baker have increased by 3.7%. Over five years, prices have risen approximately 23.8%.
How much do I need to earn to buy a home in Baker?
To comfortably afford the median home price of $328,912 with a 20% down payment ($65,782) at today's rates (6.8%), you'd need a gross annual income of approximately $87,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Baker compare to the national average home price?
The national median home value is approximately $410,000. At $328,912, homes in Baker are 20% below the national average.
What metro area is Baker part of?
Baker is part of the Crestview-Fort Walton Beach-Destin, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.