32579
Crestview, Florida
Crestview 32579 needs watching.
The 32579 ZIP code in Crestview, Florida has a median sale price of $385K, down -14.4% year-over-year. Homes spend an average of 90 days on market, with 10% 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 32579.
The Crestview 32579 market shows significant cooling with the median sale price at $385,000, down 14.4% year-over-year. Homes are averaging 90 days on market, indicating sustained inventory availability and reduced urgency among buyers. Only 10% of properties are closing above list price, a clear departure from competitive market dynamics. This deceleration reflects broader correction patterns as pricing adjusts from previous peaks and buyer leverage increases substantially.
Price-sensitive first-time buyers gain considerable negotiating power in this environment, with 90-day market times allowing for thorough due diligence and multiple property comparisons. Investors seeking cash flow over appreciation can leverage the 14.4% price decline to establish positions at reduced entry points. Sellers face challenges unless priced aggressively below the $385,000 median, as the 10% above-list close rate indicates minimal competition for most listings.
The PropIQ score of 51 signals neutral-to-cautious conditions, suggesting stabilization rather than continued steep declines but no imminent recovery. Monitoring monthly absorption rates and any movement in the 10% above-list metric will indicate whether buyer confidence is returning. The 90-day market time threshold requires observation—extension beyond 100 days would signal further softening, while contraction below 75 days could mark a sentiment shift.
What is the median home price in 32579 Crestview?
The median sale price in 32579 is $385K, down -14.4% year-over-year as of 2026-02-28.
How long do homes stay on the market in Crestview 32579?
Homes in 32579 Crestview spend an average of 90 days on market before going under contract.
Is Crestview 32579 a good place to invest in real estate?
Folio's PropIQ™ score for 32579 is 51/100 — a Caution signal. 10% of homes sold above asking.
What does a PropIQ™ score of 51 mean for 32579?
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 32579 Crestview, Florida.