32433
Crestview, Florida
Crestview 32433 needs watching.
The 32433 ZIP code in Crestview, Florida has a median sale price of $207K, down -15.2% year-over-year. Homes spend an average of 81 days on market, with 4% of homes selling above list price.
Folio's PropIQ™ score of 41 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 32433.
The Crestview 32433 market is experiencing significant correction, with the median sale price settling at $207,000 after a sharp 15.2% year-over-year decline. Homes are averaging 81 days on market, well above the national velocity benchmark of 30-45 days for balanced conditions. Only 4% of properties are commanding above-list premiums, indicating weak buyer urgency and limited competition among purchasers in this price corridor.
This environment favors patient cash buyers and first-time purchasers with conventional financing who can absorb extended closing timelines. Sellers face headwinds, particularly those who purchased in late 2024 or early 2025 near peak valuations and now confront negative equity scenarios. Investors seeking rental yield over appreciation may find entry points, but the 81-day absorption rate suggests thin tenant demand or oversupply concerns that warrant careful rent comparable analysis before acquisition.
The PropIQ score of 41 signals elevated caution, reflecting deteriorating fundamentals that have not yet stabilized. With price discovery still underway and inventory clearing slowly, further downward pressure on the median is probable through Q2 2026. Monitor monthly sales volume and days-on-market trends; stabilization requires DOM compression below 60 days and consistent month-over-month transaction counts before confirming a price floor.
What is the median home price in 32433 Crestview?
The median sale price in 32433 is $207K, down -15.2% year-over-year as of 2026-02-28.
How long do homes stay on the market in Crestview 32433?
Homes in 32433 Crestview spend an average of 81 days on market before going under contract.
Is Crestview 32433 a good place to invest in real estate?
Folio's PropIQ™ score for 32433 is 41/100 — a Caution signal. 4% of homes sold above asking.
What does a PropIQ™ score of 41 mean for 32433?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 41 = Caution in 32433 Crestview, Florida.