32459
Crestview, Florida
Crestview 32459 needs watching.
The 32459 ZIP code in Crestview, Florida has a median sale price of $1.08M, up +27.1% year-over-year. Homes spend an average of 137 days on market, with 5% of homes selling above list price.
Folio's PropIQ™ score of 51 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 32459.
The 32459 ZIP code shows a median sale price of $1,080,000 with a substantial 27.1% year-over-year appreciation, placing properties in the luxury segment. Market velocity remains measured at 136.5 days on market, indicating selective buyer behavior at this price point. Only 5% of homes traded above asking price, suggesting pricing discipline despite the double-digit appreciation, with sellers holding firm rather than competing aggressively on price.
This market configuration favors patient sellers with equity who can withstand the 4.5-month average marketing period and capitalize on the 27% annual gain. Cash buyers or those with substantial down payments benefit from the low bidding war risk, having negotiating room with 95% of properties selling at or below list. Investors seeking year-over-year appreciation should note the extended hold times required to realize gains in this price tier.
The PropIQ score of 51 signals caution, suggesting the 27.1% appreciation rate likely exceeds sustainable fundamentals for this submarket. The combination of elevated days on market and minimal above-ask sales indicates momentum deceleration despite headline price growth. Monitor monthly sales volume and list-to-sale price ratios through Q2 2026 for early confirmation of whether appreciation normalizes or corrects sharply from current levels.
What is the median home price in 32459 Crestview?
The median sale price in 32459 is $1.08M, up +27.1% year-over-year as of 2026-02-28.
How long do homes stay on the market in Crestview 32459?
Homes in 32459 Crestview spend an average of 137 days on market before going under contract.
Is Crestview 32459 a good place to invest in real estate?
Folio's PropIQ™ score for 32459 is 51/100 — a Caution signal. 5% of homes sold above asking.
What does a PropIQ™ score of 51 mean for 32459?
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 51 = Caution in 32459 Crestview, Florida.