Market Overview
Home Prices in Laurel Hill, FL
The median home value in Laurel Hill, FL is $206,455 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.2% compared to a year ago and down 6.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Laurel Hill are priced50% below average. Laurel Hill is part of the Crestview-Fort Walton Beach-Destin, FL metro area.
Over the past five years, Laurel Hill home values have risen by approximately4.9%, reflecting modest growth in this market.
Price History
Laurel Hill Home Price Trend
City Comparison
Laurel Hill vs. National Median
At $206,455, homes in Laurel Hill cost 50% below the national median of $410,000. This makes Laurel Hill a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Laurel Hill?
20% Down Payment
$41,291
on $206,455
Monthly P&I
$1,077/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,368/mo
incl. taxes & insurance
Income Needed
$54,720
gross annual (30% rule)
10% Down Option
$20,646
+ PMI applies
Loan Amount (20% dn)
$165,164
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 Laurel Hill, FL?
The median home value in Laurel Hill is $206,455 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.2% year-over-year.
How much have home prices changed in Laurel Hill?
Over the past year, home values in Laurel Hill have decreased by 1.2%. Over five years, prices have risen approximately 4.9%.
How much do I need to earn to buy a home in Laurel Hill?
To comfortably afford the median home price of $206,455 with a 20% down payment ($41,291) at today's rates (6.8%), you'd need a gross annual income of approximately $54,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Laurel Hill compare to the national average home price?
The national median home value is approximately $410,000. At $206,455, homes in Laurel Hill are 50% below the national average.
What metro area is Laurel Hill part of?
Laurel Hill is part of the Crestview-Fort Walton Beach-Destin, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.