32547
Crestview, Florida
Crestview 32547 needs watching.
The 32547 ZIP code in Crestview, Florida has a median sale price of $320K, down -1.5% year-over-year. Homes spend an average of 73 days on market, with 4% of homes selling above list price.
Folio's PropIQ™ score of 45 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 32547.
The Crestview 32547 market shows clear cooling with a median sale price of $320,000, down 1.5% year-over-year as of February 2026. Properties average 73 days on market, indicating modest seller pressure, while only 4% of homes close above list price—a sharp contrast to competitive market conditions. This combination of negative price growth and extended marketing periods signals a shift toward buyer leverage after previous appreciation cycles.
Buyers gain negotiating advantage in these conditions, with 96% of transactions closing at or below asking price and homes sitting nearly two and a half months before sale. First-time purchasers and cost-conscious investors can capitalize on reduced competition and likely seller concessions. Sellers face headwinds and should price aggressively from listing day, as the 73-day absorption rate suggests overpriced inventory stalls significantly longer in current conditions.
The PropIQ score of 45/100 flags caution, suggesting further price softness or prolonged stagnation ahead rather than imminent recovery. Watch inventory accumulation rates and whether days on market extend beyond 80, which would confirm deepening buyer dominance. The negative price trajectory combined with low above-list sales indicates this market hasn't found its floor, making timing critical for both entry and exit decisions.
What is the median home price in 32547 Crestview?
The median sale price in 32547 is $320K, down -1.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in Crestview 32547?
Homes in 32547 Crestview spend an average of 73 days on market before going under contract.
Is Crestview 32547 a good place to invest in real estate?
Folio's PropIQ™ score for 32547 is 45/100 — a Caution signal. 4% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 32547?
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 45 = Caution in 32547 Crestview, Florida.