Valparaiso, FL housing market
The typical Valparaiso home is worth about $330,000, about the same as a year ago, 12% below the Florida typical home. Homes typically sell in 56 days, close to asking.
Home values, sales, trends and how Valparaiso compares with the towns next door — updated as new data is published.
Valparaiso at a glance
A balanced market
About 5.1 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Valparaiso | Florida |
|---|---|---|
| 2017 | $190,000 | $209,000 |
| 2018 | $207,000 | $226,000 |
| 2019 | $224,000 | $242,000 |
| 2020 | $242,000 | $253,000 |
| 2021 | $271,000 | $276,000 |
| 2022 | $316,000 | $340,000 |
| 2023 | $343,000 | $392,000 |
| 2024 | $339,000 | $402,000 |
| 2025 | $338,000 | $397,000 |
| 2026 | $328,000 | $377,000 |
| August 2026 | $330,000 | $376,000 |
18 new homes permitted in 2025
Builders were permitted 18 new homes in Valparaiso in 2025, all single-family houses, worth about $3.6 million to build. That's 3.7 per 1,000 residents, slower than across Florida (8.3). Over the past 10 years, Valparaiso has permitted 301 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Valparaiso's population fell by 284 even though 123 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Florida: 2.8 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $930,000 |
| 2025 | 18 | 18 | 0 | $3.6 million |
| 2024 | 33 | 19 | 14 | $5.3 million |
| 2023 | 30 | 30 | 0 | $8.2 million |
| 2022 | 47 | 47 | 0 | $12 million |
| 2021 | 58 | 58 | 0 | $13.4 million |
| 2020 | 32 | 32 | 0 | $7.6 million |
| 2019 | 32 | 32 | 0 | $6.3 million |
| 2018 | 22 | 22 | 0 | $4.7 million |
| 2017 | 22 | 22 | 0 | $6.2 million |
| 2016 | 7 | 7 | 0 | $2 million |
| 2015 | 9 | 9 | 0 | $2 million |
| 2014 | 7 | 7 | 0 | $1.6 million |
| 2013 | 13 | 13 | 0 | $2.6 million |
| 2012 | 3 | 3 | 0 | $475,000 |
| 2011 | 4 | 4 | 0 | $992,000 |
| 2010 | 4 | 4 | 0 | $1.6 million |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 2 | 2 | 0 | $657,000 |
| 2007 | 3 | 3 | 0 | $555,000 |
| 2006 | 11 | 11 | 0 | $1.8 million |
| 2005 | 61 | 61 | 0 | $5.4 million |
| 2004 | 7 | 7 | 0 | $1.7 million |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 4 | 4 | 0 | $719,000 |
| 2001 | 5 | 5 | 0 | $788,000 |
| 2000 | 1 | 1 | 0 | $273,000 |
How Valparaiso ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Valparaiso and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Valparaiso | $330K | +0.2% | $1,900 | 18 | $90,110 |
| Niceville | $435K | +0.8% | $2,120 | 78 | $102,409 |
3.7 years of income
The typical Valparaiso home costs about 3.7 years of the town's median household income, less than across Florida (5 years).
How Valparaiso ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,900
HUD's Fair Market Rent for a two-bedroom in Valparaiso is $1,900 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Valparaiso pay a median of $1,366, so moving in tends to cost more than staying put. A two-bedroom takes about 25% of the town's median household income.
Studio $1,450 · 4 bedrooms $3,180
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (32542, 32580; 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.
Recent listings in Valparaiso
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.