HousingHandbookReference data

U.S. ZIP Code · FL32579

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

Typical home value

$385,023[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.2%
5-year / yr
+3.7%
10-year / yr
+5.8%

Relative price

vs U.S.
+35.5%
vs metro
+17.8%
vs state
+11.0%
ZIP 32579 location in FL
Location of ZIP 32579 in FL

Price history

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

The typical home in 32579 is worth $385,023 — 17.8% above the Crestview-Fort Walton Beach-Destin, FL median. Over the past year, values have risen 1.2%. Homes here rent for a typical $1,993 a month — a 6.2% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent
$1,993[2]
Gross yield
6.2%[2]
Cap rate
3.7%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$2,509[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
10,506[3]
Median household income
$104,510[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
3
Elementary
2
Middle
1
High
0
  • SHALIMAR ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · OKALOOSA

    589 students

  • LONGWOOD ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · OKALOOSA

    574 students

  • CLIFFORD MEIGS MIDDLE SCHOOL

    Middle · Grades 6–8 · OKALOOSA

    558 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 yield6.2%
Net yield (after ~40% expenses)3.7%
Annual rent$23,910

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$1,947
Loan principal$308,019
Down payment$77,005
Total interest paid$392,861

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 ratio1.24
Monthly cost to own$2,476
Monthly rent$1,993

Renting is meaningfully cheaper month-to-month.

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
18th percentile[1]
Rental yield
46th percentile[2]
Property tax
88th percentile[3]

Frequently asked

How much is a home worth in ZIP code 32579?
The typical home in 32579 is worth $385,023, based on the Zillow Home Value Index.
Are home values rising in 32579?
Home values in 32579 are up 1.2% over the past year, and up 3.7% a year over five years.
What is the typical rent in 32579?
A typical home in 32579 rents for about $1,993 a month, a gross rental yield of 6.2%.
What is the property tax rate in 32579?
The effective property tax rate in 32579 is 0.7% — roughly $2,509 a year on a typical home.
Who lives in 32579?
ZIP code 32579 has a population of 10,506 and a median household income of $104,510.

#Comparable ZIPs

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

  • Freeport, FL

    Typical home
    $395,889
    Gross yield
    6.2%
  • Fort Walton Beach, FL

    Typical home
    $339,900
    Gross yield
    6.5%
  • Niceville, FL

    Typical home
    $434,738
    Gross yield
    5.8%
  • Valparaiso, FL

    Typical home
    $329,783
    Gross yield
    6.9%
  • Munson CDP, FL

    Typical home
    $323,691
    Gross yield
  • Mary Esther, FL

    Typical home
    $319,728
    Gross yield
    7.5%

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