HousingHandbookReference data

U.S. ZIP Code · FL32567

Okaloosa County · Crestview-Fort Walton Beach-Destin, FL

Typical home value

$297,755[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.1%
5-year / yr
+4.5%
10-year / yr
+6.9%

Relative price

vs U.S.
+4.8%
vs metro
-8.9%
vs state
-14.1%
ZIP 32567 location in FL
Location of ZIP 32567 in FL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 32567 is worth $297,755 — 8.9% below the Crestview-Fort Walton Beach-Destin, FL median. Over the past year, values have risen 2.1%. The effective property tax rate is 0.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.4%[3]
Typical annual tax
$1,286[3]

#Climate risk

FEMA National Risk Index ratings for Okaloosa County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Relatively Moderate
Wildfire
Relatively Low
Drought
Very Low
Heat wave
Relatively Moderate
Hurricane
Very High
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
5,609[3]
Median household income
$76,500[3]

#Migration

Household moves in and out of Okaloosa County over a year, from IRS tax-return data.

Net migration
-101[5]
Moved in
9,771
Moved out
9,872

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
0
Middle
0
High
0
  • LAUREL HILL SCHOOL

    Other · Grades PK–12 · OKALOOSA

    463 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,506
Loan principal$238,204
Down payment$59,551
Total interest paid$303,816

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,860
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
71st percentile[1]
Rental yield
[2]
Property tax
12th percentile[3]

Frequently asked

How much is a home worth in ZIP code 32567?
The typical home in 32567 is worth $297,755, based on the Zillow Home Value Index.
Are home values rising in 32567?
Home values in 32567 are up 2.1% over the past year, and up 4.5% a year over five years.
What is the property tax rate in 32567?
The effective property tax rate in 32567 is 0.4% — roughly $1,286 a year on a typical home.
Who lives in 32567?
ZIP code 32567 has a population of 5,609 and a median household income of $76,500.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Crestview, FL

    Typical home
    $295,310
    Gross yield
    7.2%
  • Crestview, FL

    Typical home
    $284,067
    Gross yield
    7.6%
  • Wright CDP, FL

    Typical home
    $316,155
    Gross yield
    7.1%
  • Mary Esther, FL

    Typical home
    $319,728
    Gross yield
    7.5%
  • Munson CDP, FL

    Typical home
    $323,691
    Gross yield
  • Valparaiso, FL

    Typical home
    $329,783
    Gross yield
    6.9%

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