Market Overview
Home Prices in Niceville, FL
The median home value in Niceville, FL is $440,951 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0% compared to a year ago and down 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Niceville are priced8% above average. Niceville is part of the Crestview-Fort Walton Beach-Destin, FL metro area.
Over the past five years, Niceville home values have risen by approximately16.8%, reflecting steady appreciation in this market.
Price History
Niceville Home Price Trend
City Comparison
Niceville vs. National Median
At $440,951, homes in Niceville cost 8% above the national median of $410,000. Buyers in Niceville should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Niceville?
20% Down Payment
$88,190
on $440,951
Monthly P&I
$2,300/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,921/mo
incl. taxes & insurance
Income Needed
$116,840
gross annual (30% rule)
10% Down Option
$44,095
+ PMI applies
Loan Amount (20% dn)
$352,761
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 Niceville, FL?
The median home value in Niceville is $440,951 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0% year-over-year.
How much have home prices changed in Niceville?
Over the past year, home values in Niceville have increased by 0%. Over five years, prices have risen approximately 16.8%.
How much do I need to earn to buy a home in Niceville?
To comfortably afford the median home price of $440,951 with a 20% down payment ($88,190) at today's rates (6.8%), you'd need a gross annual income of approximately $116,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Niceville compare to the national average home price?
The national median home value is approximately $410,000. At $440,951, homes in Niceville are 8% above the national average.
What metro area is Niceville part of?
Niceville is part of the Crestview-Fort Walton Beach-Destin, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.