Shalimar, FL housing market
The typical Shalimar home is worth about $385,000, up 1.6% in a year, close to the Florida typical home.
Home values, sales, trends and how Shalimar compares with the towns next door — updated as new data is published.
Shalimar at a glance
Only 1 sale in March 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Shalimar | Florida |
|---|---|---|
| 2017 | $228,000 | $209,000 |
| 2018 | $243,000 | $226,000 |
| 2019 | $256,000 | $242,000 |
| 2020 | $273,000 | $253,000 |
| 2021 | $308,000 | $276,000 |
| 2022 | $356,000 | $340,000 |
| 2023 | $386,000 | $392,000 |
| 2024 | $390,000 | $402,000 |
| 2025 | $385,000 | $397,000 |
| 2026 | $382,000 | $377,000 |
| August 2026 | $385,000 | $376,000 |
Shalimar and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Shalimar | $385K | +1.6% | $1,970 | $115,417 |
| Lake Lorraine | — | −1.8%† | $1,970 | $104,105 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,970
HUD's Fair Market Rent for a two-bedroom in Shalimar is $1,970 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Shalimar pay a median of $2,551.
Studio $1,500 · 4 bedrooms $3,290
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (32579; Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, March 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.