32540
Crestview, Florida
Crestview 32540 needs watching.
The 32540 ZIP code in Crestview, Florida has a median sale price of $300K, up +11.1% year-over-year. Homes spend an average of 207 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 32540.
The Crestview 32540 market shows contradictory signals as of August 2025, with the median sale price reaching $300,000 after an 11.1% year-over-year increase, yet properties are averaging 207 days on market. This extended DOM—nearly seven months—indicates significant buyer hesitation despite appreciating values. The zero percent of homes selling above list price confirms pricing resistance, suggesting sellers maintain firm expectations while buyers demonstrate disciplined restraint in negotiations.
This environment favors patient buyers with secure financing who can weather lengthy transaction timelines and negotiate at or below list price on every property. Investors seeking cash-flowing rentals should recalibrate return models around the $300,000 entry point and verify that rental rates justify acquisition costs given the appreciation velocity. Sellers face a difficult position: capturing the 11.1% annual gain requires accepting extended marketing periods and meeting buyers at list price without competitive bidding dynamics.
The PropIQ score of 55 signals caution, reflecting the tension between rising prices and deteriorating transaction efficiency metrics. The 207-day DOM represents a potential leading indicator that price growth may decelerate as inventory absorption slows substantially. Buyers should monitor whether DOM extends beyond 210 days in coming months, which would intensify downward pricing pressure and shift negotiating leverage further from sellers.
What is the median home price in 32540 Crestview?
The median sale price in 32540 is $300K, up +11.1% year-over-year as of 2025-08-31.
How long do homes stay on the market in Crestview 32540?
Homes in 32540 Crestview spend an average of 207 days on market before going under contract.
Is Crestview 32540 a good place to invest in real estate?
Folio's PropIQ™ score for 32540 is 55/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 32540?
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 55 = Caution in 32540 Crestview, Florida.