32541
Crestview, Florida
Crestview 32541 needs watching.
The 32541 ZIP code in Crestview, Florida has a median sale price of $615K, down -2.5% year-over-year. Homes spend an average of 138 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 32541.
The 32541 ZIP code in Crestview shows clear cooling with a median sale price of $615,000, down 2.5% year-over-year as of February 2026. Homes are averaging 137.5 days on market, well above the typical 30-60 day range seen in balanced conditions. Only 4% of properties are selling above list price, indicating minimal competitive pressure and a decisive shift toward buyer leverage in negotiations.
These conditions favor patient buyers with financing secured who can capitalize on extended negotiation windows and reduced competition. The 137.5-day DOM figure suggests sellers are more willing to negotiate after months of market exposure. Cash buyers and investors seeking rental properties should find motivated sellers, though the PropIQ score of 41 signals caution on near-term appreciation potential that could impact flip strategies or quick equity gains.
The PropIQ intelligence score of 41 out of 100 reflects deteriorating momentum that typically precedes further price adjustments. Watch for days on market to extend beyond 150 if inventory continues building without corresponding demand increases. The negative price trajectory combined with the low above-list percentage suggests this market hasn't found its floor, making spring 2026 listings critical indicators of whether stabilization occurs or declines accelerate into summer.
What is the median home price in 32541 Crestview?
The median sale price in 32541 is $615K, down -2.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in Crestview 32541?
Homes in 32541 Crestview spend an average of 138 days on market before going under contract.
Is Crestview 32541 a good place to invest in real estate?
Folio's PropIQ™ score for 32541 is 41/100 — a Caution signal. 4% of homes sold above asking.
What does a PropIQ™ score of 41 mean for 32541?
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 32541 Crestview, Florida.